SECTION 243 IPC - Indian Penal Code - Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof
Description of IPC Section 243
According to section 243 of Indian penal code, Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, which is a counterfeit of Indian coin, having known at the time when he became possessed of it that it was counterfeit, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
| 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
FAQ's on IPC Section 243
What offence is defined under IPC 243?
IPC 243 Offence: Possession of Indian coin by a person who knew it to be counterfeit when he became possessed thereof.
What is the punishment for IPC 243 Case?
The punishment for IPC 243 is 7 Years + Fine.
Is IPC 243 cognizable offence or non-cognizable offence?
IPC 243 is a Cognizable.
How to file/defend your case for IPC 243 offence?
Use LawRato for filing/defending your case under IPC 243 with the help of best criminal lawyers near you.
Is IPC 243 bailable or non-bailable offence?
IPC 243 is a Non-Bailable offence.
In what court can IPC 243 be tried?
IPC 243 is tried in the court of Magistrate First Class.
