What is Section 237 IPC? Import or export of counterfeit coin
Published on: Lawiz Team
Learn about Section 237 IPC: Import or export of counterfeit coin
Official Legal Text
Whoever imports into India, or exports therefrom, any counterfeit coin, knowing or having reason to believe that the same is counterfeit, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
What This IPC Section Means – Explained in Simple Words
Section 237 punishes anyone who imports or exports counterfeit coins, knowing them to be counterfeit.
Purpose
To prevent the circulation of counterfeit coins within and outside the country.
Bailable or Not Bailable & Punishment
Bailable: Non-Bailable, Punishment: Imprisonment up to 3 years, and fine.
Key Elements
1. The person must import or export counterfeit coins. 2. They must know that the coins are counterfeit. 3. The counterfeit coins can be Indian or foreign.
Punishment Details
Imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Legal Defenses
If the person can prove they were unaware that the coins were counterfeit.
Judicial Interpretation
Courts focus on the knowledge of the counterfeit nature of the coins.
Illustration
If a person brings counterfeit coins into India from another country, knowing they are fake, they can be punished under Section 237.
FAQs
What does Section 237 IPC define?
Import or export of counterfeit coin.
Where is Section 237 IPC applicable?
It deals with offences involving import or export of counterfeit coin and safeguarding judicial and monetary integrity.
Why is Section 237 IPC important?
It protects the authenticity of judicial processes, coinage, and public administration.
Can you provide an example involving Section 237 IPC?
Examples include counterfeiting coins, false judicial acts, and breach of legal procedures.
What punishment is prescribed under Section 237 IPC?
Punishment may include imprisonment, fine, or both, depending on the seriousness of the offence.
Is Section 237 IPC linked with other IPC provisions?
Yes, especially with sections related to fraud, public justice, and financial crimes.
How do courts interpret Section 237 IPC?
Courts interpret these sections strictly to uphold honesty, justice, and trust in legal and financial systems.