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SECTION 489B IPC - Indian Penal Code - Using as genuine, forged or counterfeit currency-notes or bank-notes
Last Updated: 01 Apr, 2024
By Advocate Chikirsha Mohanty
Table of Contents
IPC 489B in Simple Words
If someone knowingly sells, buys, receives, or uses as genuine any forged or counterfeit currency notes or banknotes, they can be punished with life imprisonment or imprisonment for up to ten years, along with a fine.
| Offence | Punishment | Cognizance | Bail | Triable |
|---|---|---|---|---|
| Using as genuine forged or counterfeit currency-notes or bank-notes | Imprisonment for Life or 10 Years + Fine | Cognizable | Non-Bailable | Court of Session |
Offence : Using as genuine forged or counterfeit currency-notes or bank-notes
Punishment : Imprisonment for Life or 10 Years + Fine
Cognizance : Cognizable
Bail : Non-Bailable
Triable : Court of Session
Anyone who sells, buys, receives, or traffics in counterfeit or forged currency notes or banknotes, or uses them as genuine while knowing or having reason for believing that they are counterfeit or forged, will be sentenced to life imprisonment or to either imprisonment or a fine.
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Frequently Asked Questions
What is under section 489?
Anyone who removes, destroys or defaces any property mark with the intention or knowledge that it is likely to cause harm to anyone, will be punished by either imprisonment for a period of up to one year or a fine.
Is 489 C IPC bailable or non bailable?
This section is classified as Bailable (not compoundable), Cognizable (not compoundable) and Bailable.
