Indian Penal Code, 1860

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

Section

253

Punishment

Imprisonment up to Five Year(s) + Fine

Cognizable

Cognizable

Bailable

Non-bailable

Compoundable

Non-Compoundable (Refer to CrPC 320 for exceptions)

Trial Court

Magistrate First Class

Bare Act Text

253. Possession of Indian coin by person who knew it to be altered when he became possessed thereof.— Whoever, fraudulently or with intent that fraud may be committed, is in possession of coin with respect to which the offence defined in either of the section 247 or 249 has been committed, having known at the time of becoming possessed thereof, that such offence had been committed with respect to such coin, shall be punished with imprisonment of either description for a term which may extend to five years, and shall also be liable to fine.
According to the official bare act, this legal offense is defined as: 253. Possession of Indian coin by person who knew it to be altered when he became possessed thereof.— Whoever, fraudulently or with intent that fraud may be committed, is in possession of coin with respect to which the offence defined in either of the section 247 or 249 has been committed, having known at the time of becoming possessed thereof, that such offence had been committed with respect to such coin, shall be punished with imprisonment of either description for a term which may extend to five years, and shall also be liable to fine.
The punishment for this specific offense is outlined under the law as: Imprisonment up to Five Year(s) + Fine
Under the Indian Penal Code, this specific offense is classified as a Non-bailable offense.
The legal status regarding police arrest without a warrant is that this offense isCognizable.
Cases pertaining to this specific IPC section are triable by the Magistrate First Class.
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).
Section (dhara) 253

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