IPC Section 243: Possession Of Indian Coin By Person Who Knew It To Be Counterfeit When He Became Possessed Thereof
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IPC Section 243: Possession Of Indian Coin By Person Who Knew It To Be Counterfeit When He Became Possessed Thereof
Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, which is a counterfeit of 1 [Indian coin], having known at the time when he became possessed of it that it was counterfeit, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Amendments
- Subs. by the A. O. 1950, for ‘the Queens coin”.
-Text In Indian Penal Code
| Offence | Possession of Indian coin by a person who knew it to be counterfeit when he became possessed thereof |
| Punishment | 7 Years + Fine |
| Cognizance | Cognizable |
| Bail | Non-bailable |
| Triable By | Magistrate First Class |
| Offence Compoundable | Offence is NOT Compoundable |
