Section 237 · Import or export of counterfeit coin
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Whoever imports into 1
[India], or exports therefrom,
any counterfeit coin, knowing or having reason to believe that the same is counterfeit, shall be punished
with imprisonment of either description for a term which may extend to three years, and shall also be
liable to fine.
The offence at a glance
- Punishment
- up to 3 years, fine (no stated ceiling)
- Cognizable
- Cognizable
- Bailable
- Non-bailable
- Compoundable
- Not compoundable
- Triable by
- Magistrate of the first class
- Cognizable — Police may arrest without a warrant
- Non-bailable — Bail is at the court's discretion
From the First Schedule to the BNSS (the CrPC's, for IPC offences)
In the new law
IPC 237BNS 179
179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.
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