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

Summary

If a person gives a counterfeit coin to someone else, pretending it is real, or tries to get someone to accept it as real, they can be punished. This applies only if they knew the coin was fake at the time they gave it, even though they did not know it was fake when they first got it. The punishment can be up to two years in prison, or a fine up to ten times the coin’s value, or both.

Official Text

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.

Old <-> New Code Mapping

• BNS §179 — Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes