Indian Penal Code 1860
Section 467 :
Forgery of valuable security, will, etc:
(See section 338 of BNS 2023)
Classification of Offence:
Offence : Forgery of a valuable security, will, or authority to make or transfer any valuable security, or to receive any money, etc.
Punishment : Imprisonment for life, or imprisonment for 10 years and fine.
Cognizable or Non-cognizable :Non-cognizable
Bailable or Non-bailable : Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Magistrate of the first class.(State Amendment, Madhya Pradesh : Court of Session )
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Offence : When the valuable security is a promissory note of the Central Government.
Punishment :Imprisonment for life, or imprisonment for 10 years and fine
Cognizable or Non-cognizable :Non-cognizable
Bailable or Non-bailable : Non-bailable
Compoundable or Non-compoundable : Non-compoundable
By Which Court Triable :Magistrate of the first class.(State Amendment, Madhya Pradesh : Court of Session )
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Whoever forges a document which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security,
or any document purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with 1.[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.
State Amendment :
Madhya Pradesh :
Offence under section 467 is triable by Court of Session.
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1. Subs. by Act 26 of 1955, s. 117 and the Sch., for “transportation for life” (w.e.f. 1-1-1956).
