Section 241 · Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit
Text size — level 1 of 4
Whoever delivers to any other person as genuine, or attempts to induce any other person to
receive as genuine, any counterfeit coin which he knows to be counterfeit, but which he did not know to
be counterfeit at the time when he took it into his possession, shall be punished with imprisonment of
either description for a term which may extend to two years, or with fine to an amount which may extend
to ten times the value of the coin counterfeited, or with both./b
Illustration
A, a coiner, delivers counterfeit Company's rupees to his accomplice B, for the purpose of uttering them. B sells the rupees to C, another utterer, who buys them knowing them to be counterfeit. C pays away the rupees for goods to D, who receives them, not knowing them to be counterfeit. D, after receiving the rupees, discovers that they are counterfeit and pays them away as if they were good. Here D is punishable only under this section, but B and C are punishable under section 239 or 240, as the case may be.
Illustration
A, a coiner, delivers counterfeit Company's rupees to his accomplice B, for the purpose of uttering them. B sells the rupees to C, another utterer, who buys them knowing them to be counterfeit. C pays away the rupees for goods to D, who receives them, not knowing them to be counterfeit. D, after receiving the rupees, discovers that they are counterfeit and pays them away as if they were good. Here D is punishable only under this section, but B and C are punishable under section 239 or 240, as the case may be.
The offence at a glance
- Punishment
- up to 2 years, fine (no stated ceiling)
- Cognizable
- Cognizable
- Bailable
- Non-bailable
- Compoundable
- Not compoundable
- Triable by
- Any Magistrate
- 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 241BNS 179
179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.
Compare the two texts →Your private note on this section
Only you can see this note.