What is Section 240 IPC? Delivery of Indian coin, possessed with knowledge that it is counterfeit
Published on: Lawiz Team
Learn about Section 240 IPC: Delivery of Indian coin, possessed with knowledge that it is counterfeit
Official Legal Text
Whoever, having any counterfeit Indian coin in his possession, delivers or attempts to deliver the same to any person, or attempts to induce any person to receive it, knowing or having reason to believe that the same is counterfeit, and intending to defraud, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
What This IPC Section Means – Explained in Simple Words
Section 240 punishes anyone who delivers a counterfeit Indian coin, knowing it to be counterfeit, to another person.
Purpose
To protect the integrity of Indian currency and prevent the distribution of counterfeit Indian coins.
Bailable or Not Bailable & Punishment
Bailable: Non-Bailable, Punishment: Imprisonment up to 10 years, and fine.
Key Elements
1. The person must possess a counterfeit Indian coin. 2. They must know it is counterfeit. 3. They must intentionally deliver it to another person.
Punishment Details
Imprisonment for life, or imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
Legal Defenses
If the person can prove they were unaware of the counterfeit nature of the coin at the time of delivery.
Judicial Interpretation
Courts focus on the knowledge of the counterfeit nature of the Indian coin and the intention to deliver it.
Illustration
If a person knowingly pays with a fake Indian coin, they can be punished under Section 240.
FAQs
What does Section 240 IPC define?
Delivery of Indian coin, possessed with knowledge that it is counterfeit.
Where is Section 240 IPC applicable?
It deals with offences involving delivery of indian coin, possessed with knowledge that it is counterfeit and safeguarding judicial and monetary integrity.
Why is Section 240 IPC important?
It protects the authenticity of judicial processes, coinage, and public administration.
Can you provide an example involving Section 240 IPC?
Examples include counterfeiting coins, false judicial acts, and breach of legal procedures.
What punishment is prescribed under Section 240 IPC?
Punishment may include imprisonment, fine, or both, depending on the seriousness of the offence.
Is Section 240 IPC linked with other IPC provisions?
Yes, especially with sections related to fraud, public justice, and financial crimes.
How do courts interpret Section 240 IPC?
Courts interpret these sections strictly to uphold honesty, justice, and trust in legal and financial systems.