IPC Section 489A — Counterfeiting currency-notes or bank-notes

currency-notes and bank-notes

Criminal

Punishment

Life imprisonment or imprisonment up to 10 years and fine

As the section puts it: “shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine”

Summary

This section makes it a crime to make fake currency notes or bank notes, or to knowingly take part in any step of the process of making them. A person who does this can be sent to prison for life, or for up to ten years, and can also be ordered to pay a fine.

Official Text

Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.

Referred to by

Related Judgments

  • STATE OF KERALA vs MATHAI VERGHESE & ORS — Supreme Court of India (1986)
  • K. HASHIM vs STATE OF TAMIL NADU — Supreme Court of India (2004)
  • UMASHANKAR vs STATE OF CHHATTISGARH — Supreme Court of India (2001)

Old <-> New Code Mapping

  • BNS §178 — Counterfeiting coin, Government stamps, currency-notes or bank-notes