Indian Penal Code, 1860
Making or possessing instruments or materials for forging or counterfeiting currency-notes or bank-notes.—
Section
489D
Punishment
Life Imprisonment or Imprisonment up to Ten Year(s) + Fine
Cognizable
Cognizable
Bailable
Non-bailable
Compoundable
Non-Compoundable (Refer to CrPC 320 for exceptions)
Trial Court
Court of Session
Bare Act Text
489D. Making or possessing instruments or materials for forging or counterfeiting currency-notes or bank-notes.—
Whoever makes, or performs, any part of the process of making, or buys or sells or disposes of, or has in his possession, any machinery, instrument or material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency-note or bank-note, shall be punished with 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.