Indian Penal Code, 1860
Delivery of Indian coin, possessed with knowledge that it is counterfeit.—
Section
240
Punishment
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
240. Delivery of Indian coin, possessed with knowledge that it is counterfeit.—
Whoever, having any counterfeit coin which is a counterfeit of Indian coin, and which, at the time when he became possessed of it, he knew to be a counterfeit of 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.