IPC 243 — Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof

Indian Penal Code, 1860

Statutory text

Whoever, fraudulently or with intent that fraud  may be  committed,  is  in  possession   of counterfeit coin, which is  a  counterfeit  of [Indian coin], having known at the time when he became  possessed   of   it   that   it  was counterfeit, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also  be  liable to fine.

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