SECTION 489B IPC - Indian Penal Code - Using as genuine, forged or counterfeit currency-notes or bank-notes


Description

Whoever sells to, or buys or receives from, any other person, or otherwise traffics in or uses as genuine, any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.

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






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