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Section 241 - Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit | Indian Penal Code, 1860 vs The Bharatiya Nyaya Sanhita, 2023 | LawFinder

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Indian Penal Code, 1860 Section 241The Bharatiya Nyaya Sanhita, 2023 Section 179

Indian Penal Code, 1860

Section 241

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

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Indian Penal Code, 1860

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

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.

Illustration

A, a coiner, delivers counterfeit Company's rupees to his accomplice B, for the purpose of uttering them. B sells the rupees to C, another utterer, who buys them knowing them to be counterfeit. C pays away the rupees for goods to D, who receives them, not knowing them to be counterfeit. D, after receiving the rupees, discovers that they are counterfeit and pays them away as if they were good. Here D is punishable only under this section, but B and C are punishable under section 239 or 240, as the case may be.

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The Bharatiya Nyaya Sanhita, 2023

Section 179

Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes

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The Bharatiya Nyaya Sanhita, 2023

179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.

Whoever imports or exports, or sells or delivers to, or buys or receives from, any other person, or otherwise traffics or uses as genuine, any forged or counterfeit coin, stamp, 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.

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179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.