Indian Penal Code, 1860
Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit.—
Section
241
Punishment
Imprisonment up to Two Year(s) + Fine
Cognizable
Non-cognizable
Bailable
Bailable
Compoundable
Non-Compoundable (Refer to CrPC 320 for exceptions)
Trial Court
Any Magistrate
Bare Act Text
241. Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit.—
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 bothIllustrationA, 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.
What is IPC Section 241 ?
According to the official bare act, this legal offense is defined as: 241. Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit.—
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 bothIllustrationA, 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.
What is the punishment for Dhara 241 ?
The punishment for this specific offense is outlined under the law as: Imprisonment up to Two Year(s) + Fine
Is IPC 241 bailable or non-bailable?
Under the Indian Penal Code, this specific offense is classified as a Bailable offense.
Is Dhara 241 a cognizable offense?
The legal status regarding police arrest without a warrant is that this offense isNon-cognizable.
Which court has the jurisdiction to try IPC 241 cases?
Cases pertaining to this specific IPC section are triable by the Any Magistrate.
Can IPC Section 241 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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Pramod is the Founder and Editor-in-Chief of StudyHub. He holds a Master's degree and is currently pursuing a Ph.D. in Geology, alongside more than 7+ years spent building and verifying competitive exam content for Indian aspirants. He leads StudyHub's editorial process across Indian Polity, the Constitution, Indian Economy, History, Geography, Science, and the platform's other subject areas — checking every article against primary sources (bare act text and Gazette notifications for constitutional topics, government and Economic Survey data for economy content, standard reference material elsewhere) and flagging it for re-verification whenever a relevant amendment, policy, or data update makes an earlier version outdated.