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SECTION 243 IPC - Indian Penal Code - Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof
Last Updated: 01 Dec, 2024
By Advocate Chikirsha Mohanty
(Six sections of IPC have been covered in this single section of BNS. Thus, in a single stroke, the number of sections and offences has been reduced by five. and 'not constitute an offence' is added.)
Please refer to BNS 180 for updated procedures & punishments.
IPC 243 in Simple Words
In simple words, Section 243 of the Indian Penal Code states that if someone knowingly possesses a counterfeit Indian coin with the intention to commit fraud, they can be imprisoned for up to seven years and fined.
| Offence | Punishment | Cognizance | Bail | Triable |
|---|---|---|---|---|
| Possession of Indian coin by a person who knew it to be counterfeit when he became possessed thereof | 7 Years + Fine | Cognizable | Non-Bailable | Magistrate First Class |
Offence : Possession of Indian coin by a person who knew it to be counterfeit when he became possessed thereof
Punishment : 7 Years + Fine
Cognizance : Cognizable
Bail : Non-Bailable
Triable : Magistrate First Class
Get the full list of all sections in the Indian Penal Code (IPC) here. Our comprehensive guide offers detailed information and analysis on every IPC Section to enhance your legal knowledge.
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