SECTION 489A IPC - Indian Penal Code - Counterfeiting currency-notes or bank-notes
Last Updated: 01 May, 2024
By Advocate Chikirsha Mohanty
IPC 489A in Simple Words
If someone counterfeits or is involved in the process of counterfeiting currency notes or banknotes, they can be punished with life imprisonment or imprisonment for up to ten years, along with a fine.
Offence | Punishment | Cognizance | Bail | Triable |
---|---|---|---|---|
Counterfeiting currency-notes or bank-notes | Imprisonment for Life or 10 Years + Fine | Cognizable | Non-Bailable | Court of Session |
Offence : Counterfeiting currency-notes or bank-notes
Punishment : Imprisonment for Life or 10 Years + Fine
Cognizance : Cognizable
Bail : Non-Bailable
Triable : Court of Session
[Whoever counterfeits or performs knowingly any part of the counterfeiting process, of any currency-notes or bank notes, shall be punishable with 2 [imprisonment of life], or with either imprisonment of any description for a period which can extend up to ten year, and also be liable for fine.
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Frequently Asked Questions
What is the IPC Act 489?
Description. Description.
What is the punishment for fake notes?
What is the penalty for an offence involving fake currency? Under IPC section 489C, any attempt to circulate counterfeit currency in the knowledge that they are fake is punishable by fines or imprisonment from seven years up to life imprisonment or both. 27 Mar 2023
Is 489 a bailable offence?
IPC 489A does not carry a criminal penalty. 1 Nov 2023