IPC 240 — Delivery of Indian coin, possessed with knowledge that it is counterfeit

Indian Penal Code, 1860

Statutory text

Whoever having  any   counterfeit   coin,   which   is a counterfeit  of [Indian coin], and which, at the time when he became possessed of it, he  knew  to  be  a  counterfeit  of [Indian coin], fraudulently  or with intent that fraud may be committed, delivers the same to any person,  or  attempts  to induce any person to receive it, shall be punished 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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