Section 240 · Delivery of Indian coin, possessed with knowledge that it is counterfeit
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Whoever, having
any counterfeit coin which is a counterfeit of 1
[Indian coin], and which, at the time when he became
possessed of it, he knew to be a counterfeit of 1
[Indian coin], 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 ten years, and shall also
be liable to fine.
The offence at a glance
- Punishment
- up to 10 years, fine (no stated ceiling)
- Cognizable
- Cognizable
- Bailable
- Non-bailable
- Compoundable
- Not compoundable
- Triable by
- Court of Session
- 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 240BNS 179
179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.
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How this section has changed
The law that applies is the law as it stood on the date of the offence — which is why this timeline matters.
- 1950Substituted
By: the A.O. 1950
The text this replaced
Queen`s coin
The text in force on the date of the offence is the text that applies — a later amendment does not reach back.