Bharatiya Nyaya Sanhita 2023
Section 179 :
Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes :
(See section 237, 238, 239, 240, 260, 489B of IPC 1860)
Section : 179
Classification of Offence:
Offence : Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank notes.
Punishment : Imprisonment for life, or imprisonment for 10 years and fine.
Cognizable or Non-cognizable : Cognizable
Bailable or Non-bailable : Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable : Court of Session.
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Whoever imports or exports, or sells or delivers to, or buys or receives from, any other person, or otherwise traffics or uses as genuine, any forged or counterfeit coin, stamp, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.