240. Delivery of Indian coin, possessed with knowledge that it is counterfeit

Whoever, having. any counterfeit coin which is a counterfeit of ¹²⁹[Indian coin], and which, at the time when he became possessed of it, he knew to be a counterfeit of ¹²⁸[Indian coin], fraudulently or with intent that fraud may be committed, delivers the same to any person, or attempts to induce any person to receive it shall be punished 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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Section – 240. Delivery of Indian coin, possessed with knowledge that it is counterfeit -. Bare Act of Indian Penal Code 1860 on JurisCrack with Case Laws and Video lecture