SECTION 489C IPC - Indian Penal Code - Possession of forged or counterfeit currency-notes or bank-notes


Description

Whoever has in his possession any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both.

Offence : Possession of forged or counterfeit currency-notes or bank-notes


Punishment : 7 Years or Fine or Both


Cognizance : Cognizable


Bail : Bailable


Triable : Court of Session






Related Topics