IPC Section 241: Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be counterfeit
Indian Penal Code, 1860 · Chapter 12: Offences relating to coin and Government Stamps
Repealed on 1 July 2024 and replaced by the Bharatiya Nyaya Sanhita, 2023 (BNS).
¶Whoever delivers to any other person as genuine, or attempts to induce any other person to receive as genuine, any counterfeit coin which he knows to be counterfeit, but which he did not know to be counterfeit at the time when he took it into his possession, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine to an amount which may extend to ten times the value of the coin counterfeited, or with both.
¶Illustration
¶A, a coiner, delivers counterfeit Company`s rupees to his accomplice B, for the purpose of uttering them. B sells the rupees to C, another utterer, who buys them knowing them to be counterfeit. C pays away the rupees for good to D, who receives them, not knowing them to be counterfeit. D, after receiving the rupees, discovers that they are counterfeit and pays them away as if they were good. Here D is punishable only under his section, but B and C are punishable under section 239 or 240, as the case may be.
¶CLASSIFICATION OF OFFENCE
¶Punishment-Imprisonment for 2 years, or fine, or 10 times the value of the coin counterfeited, or both-Cognizable-Non-bailable-Triable by any Magistrate-Non-compoundable.
Study: explanations and related material
Now BNS 179 (combined with other sections). IPC → BNS converterSource: BPR&D BNS–IPC corresponding section table (UP Police, 2024-06-28), p11
Official reference: Delhi District & Sessions Judge: government historical reference — source link checked: 2 October 2026.Recorded edition / snapshot date: 2024-06-30.Mobile-app reference import; the recorded snapshot date is not a fresh legal-currency guarantee. The linked government text is an independent authoritative reference, not certification that this website reproduces the same edition. The source link was checked, not every provision or subsequent amendment. Check commencement notifications, savings and jurisdiction-specific variations separately. Historical code retained for reference; read the repeal/savings provisions in the successor code.
This text is for reference, not legal advice. Consult the official source for the authoritative text.
Other sections in this chapter
- 230. Coin defined
- 231. Counterfeiting coin
- 232. Counterfeiting Indian coin
- 233. Making or selling instrument for counterfeiting coin
- 234. Making or selling instrument for counterfeiting Indian coin
- 235. Possession of instrument, or material for the purpose of using the same for counterfeiting coin
- 236. Abetting in India the counterfeiting out of India of coin
- 237. Import or export of counterfeit coin
- 238. Import or export of counterfeits of the India coin
- 239. Delivery of coin, possessed with knowledge that it is counterfeit
- 240. Delivery of Indian coin, possessed with knowledge that it is counterfeit
- 242. Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof
- 243. Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof
- 244. Person employed in mint causing coin to be of different weight or composition from that fixed by law
- 245. Unlawfully taking coining instrument from mint
- 246. Fraudulently or dishonestly diminishing weight or altering composition of coin
- 247. Fraudulently or dishonestly diminishing weight or altering composition of Indian coin
- 248. Altering appearance of coin with intent that it shall pass as coin of different description
- 249. Altering appearance of Indian coin with intent that it shall pass as coin of different description
- 250. Delivery of coin, possessed with knowledge that it is altered
- 251. Delivery of Indian coin, possessed with knowledge that it is altered
- 252. Possession of coin by person who knew it to be altered when he became possessed thereof
- 253. Possession of Indian coin by person who knew it to be altered when he became possessed thereof
- 254. Delivery of coin as genuine, which, when first possessed, the deliverer did not know to be altered
- 255. Counterfeiting Government stamp
- 256. Having possession of instrument or material for counterfeiting Government stamp
- 257. Making or selling instrument for counterfeiting Government stamp
- 259. Having possession of counterfeit Government stamp
- 260. Using as genuine a Government stamp known to be a counterfeit
- 261. Effacing, writing from substance bearing Government stamp, or removing from document a stamp used for it, with intent to cause loss to Government
- 262. Using Government stamp known to have been before used
- 263. Erasure of mark denoting that stamp has been used
- 263A. Prohibition of fictitious stamps