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 | 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
