VidhiSangh

Indian Penal Code, 1860

Section 240: Delivery of Indian coin, possessed with knowledge that it is counterfeit

Repealed. Repealed from 1 July 2024. Use it for offences committed before repeal and other liabilities, investigations or proceedings preserved by BNS section 358; do not use it as the current general penal code.

Chapter XII — Of Offences Relating to Coin and Government Stamps

240. Whoever having any counterfeit coin, which is a counterfeit of [Indian coin], and which, at the time when he became possessed of it, he knew to be a counterfeit of [Indian 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 of either description for a term which may extend to ten years, and shall also be liable to fine.

Source: official text of the Indian Penal Code, 1860.