IPC Section 241. Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit

Category of Bare Act Name of the Act Year of Promulgation
Criminal Laws Indian Penal Code 1860
Act Number Enactment Date Chapter Number
45 06.10.1860 12
Chapter Title Sub-Chapter Legislated by
Of Offence Relating to Coins and Government Stamps - Parliament of India

Whoever delivers to any other person as genuine, or attempts to induce any other person to receive as genuine, any counterfeit coin which he knows to be counterfeit, but which he did not know to be counterfeit at the time when he took it into his possession, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine to an amount which may extend to ten times the value of the coin counterfeited, or with both.

Offence Description Punishment provided Cognizable/Non-Cognizable
Knowingly delivering to another any counterfeit coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit. Imprisonment for 2 years, or fine or 10 times the value of the coin counterfeited, or both. Cognizable
Bailable/Non-Bailable Trial Court Details Compoundable/Non-Compoundable
Non-Bailable Any Magistrate. Non-Compoundable
Compoundable by Whom Concerned Ministry Concerned Department
Non-Compoundable Ministry of Home Affairs Department of Internal Security