Indian Penal Code : Possession of Indian coin by person who knew it to be counterfeit whenhe became

Indian Penal Code,1860

Act No : 45

Section : Possession of Indian coin by person who knew it to be counterfeit whenhe became possessed thereof.

243. Possession of Indian coin by person who knew it to becounterfeit when he became possessed thereof.--Whoever, fraudulentlyor with intent that fraud may be committed, is in possession ofcounterfeit coin, which is a counterfeit of 1*[Indian coin], havingknown at the time when he became possessed of it that it wascounterfeit, shall be punished with imprisonment of either descriptionfor a term which may extend to seven years, and shall also be liableto fine.