IPC · Indian Penal Code, 1860

Section 242 IPC

Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof

Offence

Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, having known at the time when he became possessed thereof that such coin was counterfeit,

Punishment

shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.

Punishment summary

  • Imprisonment: three years.
← Sec. 241 All sections Sec. 243 →

FAQ — Section 242 IPC

Section 242 of the Indian Penal Code, 1860 (IPC) deals with “Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof”. This page explains the offence (if any), punishment, and links to Vaksera petition formats.

shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.

No. Vaksera provides a drafting reference and petition formats only. Always verify the current bare act and local court practice.

Statute summaries on Vaksera are for advocate drafting reference only, not legal advice. Verify the current bare act and court rules before filing.