117
CAP. 224
Penal Code
2008 Ed.
Delivery to another of coin, possessed with the knowledge that it
is counterfeit
239. Whoever, having any counterfeit coin which at the time when
he became possessed of it he knew to be counterfeit, 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 for a term which may extend to 5 years,
and shall also be liable to fine.
[Indian PC 1860, s. 239]
Delivery of current coin, possessed with the knowledge that it is
counterfeit
240. Whoever, having any counterfeit coin which is a counterfeit of
current coin, and which at the time when he became possessed of it he
knew to be a counterfeit of current 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 for a term which may extend to 7 years, and shall also
be liable to fine.
[51/2007]
[Indian PC 1860, s. 240]
Delivery to another of coin as genuine, which when first
possessed the deliverer did not know to be counterfeit
241. 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 for a term which may extend to 2 years,
or with fine to an amount which may extend to 10 times the value of
the coin counterfeited, or with both.
Illustration
A, a coiner, delivers counterfeit Hong Kong dollars to his accomplice B, for
the purpose of uttering them. B sells the dollars to C, another utterer, who buys
them knowing them to be counterfeit. C pays away the dollars for goods to D, who
receives them, not knowing them to be counterfeit. D, after receiving the dollars,
discovers that they are counterfeit, and pays them away as if they were good. Here
Informal Consolidation – version in force from 1/4/2015
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