Indian Penal Code 1860
Section 239 :
Delivery of coin, possessed with knowledge that it is counterfeit:
(See section 179 and 180 of BNS 2023)
Classification of Offence:
Offence: Having any counterfeit coin known to be such when it came into possession, and delivering, etc., the same to any person.
Punishment :Imprisonment for 5 years and fine.
Cognizable or Non-cognizable :Cognizable
Bailable or Non-bailable :Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Magistrate of the first class.
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Whoever, having any counterfeit coin, which at the time when he became possessed of it he knew to be counterfeit, fraudulently or with intent that fraud may be committed, delivers the same to any person, or attempts to induce any person to receive it shall be punished with imprisonment of either description for a term which may extend to five years, and shall also be liable to fine.