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.
What is IPC Section 240 ?
According to the official bare act, this legal offense is defined as: 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.
What is the punishment for Dhara 240 ?
The punishment for this specific offense is outlined under the law as: Imprisonment up to Ten Year(s) + Fine
Is IPC 240 bailable or non-bailable?
Under the Indian Penal Code, this specific offense is classified as a Non-bailable offense.
Is Dhara 240 a cognizable offense?
The legal status regarding police arrest without a warrant is that this offense isCognizable.
Which court has the jurisdiction to try IPC 240 cases?
Cases pertaining to this specific IPC section are triable by the Court of Session.
Can IPC Section 240 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).
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