Indian Penal Code (IPC) S. 489-B. Using as genuine, forged or counterfeit currency-notes or bank-notes.
489-B. Using as genuine, forged or counterfeit currency-notes or bank-notes.—Whoever sells to, or buys or receives from, any other person, or otherwise traffics in or uses as genuine, any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with [i][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.
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More details about this Section |
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Cognizable or not? |
Cognizable |
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Whether Bailable? |
Non-bailable |
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Compoundable or not? |
Not compoundable |
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Triable by whom? |
Court of Session |
Indian Penal Code (IPC) – Index of All Sections
[i] Substituted by Act 26 of 1955, S. 117 and Sch., for “transportation for life” (w.e.f. 1-1-1956).
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