SECTION 242 IPC - Indian Penal Code - Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof


Description

Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, having known at the time when he became possessed thereof that such coin was counterfeit, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.

Offence : Possession of counterfeit coin by a person who knew it to be counterfeit when he became possessed thereof


Punishment : 3 Years + Fine


Cognizance : Cognizable


Bail : Non-Bailable


Triable : Magistrate First Class





FAQ's on IPC Section 242


What offence is defined under IPC 242?

Possession of counterfeit coin by a person who knew it to be counterfeit when he became possessed thereof.


What is the punishment for IPC 242 Case?

The punishment for IPC 242 is 3 Years + Fine.


Is IPC 242 cognizable offence or non-cognizable offence?

IPC 242 is a Cognizable.


How to file/defend your case for IPC 242 offence?

Use LawRato for filing/defending your case under IPC 242 with the help of best criminal lawyers near you.


Is IPC 242 bailable or non-bailable offence?

IPC 242 is a Non-Bailable offence.


In what court can IPC 242 be tried?

IPC 242 is tried in the court of Magistrate First Class.



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