IPC Section 489C: Possession Of Forged Or Counterfeit Currency Notes Or Bank-Notes
Navigation: Indian Penal Code > Chapter 18: Of Offences Relating To Documents And To Property Marks > Of Currency-Notes and Bank-Notes > IPC Section 489C
IPC Section 489C: Possession Of Forged Or Counterfeit Currency Notes Or Bank-Notes
Whoever has in his possession any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both.
-Text In Indian Penal Code
| Offence | Possession of forged or counterfeit currency-notes or bank-notes |
| Punishment | 7 Years or Fine or Both |
| Cognizance | Cognizable |
| Bail | Bailable |
| Triable By | Court of Session |
| Offence Compoundable | Offence is NOT Compoundable |
