What is the punishment for Dhara 242?

The punishment for an offense committed under IPC 242 is specifically outlined as: Imprisonment up to Three Year(s) + Fine.

Is IPC 242 bailable or non-bailable?

Under the law, an offense under Section 242 of the Indian Penal Code is classified as a Non-bailable offense.

Is Dhara 242 a cognizable offense?

The legal status regarding police arrest without a warrant is that this offense is Cognizable.

Which court has the jurisdiction to try IPC 242 cases?

Cases pertaining to IPC Section 242 are triable by the Magistrate First Class.

Can IPC Section 242 be compromised (Compoundable)?

The compoundable nature of this offense, meaning whether the parties can settle it out of court, is classified as: Non-Compoundable (Refer to CrPC 320 for exceptions).

IPC Section 242 In English

Indian Penal Code, 1860

Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof.—

Section

242

Punishment

Imprisonment up to Three Year(s) + Fine

Cognizable

Bailable

Non-bailable

Compoundable

Non-Compoundable (Refer to CrPC 320 for exceptions)

Trial Court

Magistrate First Class

Bare Act Text

242. Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof.— Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, having known at the time when he became possessed thereof that such coin was 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.