Trafficking in forged or counterfeit coin, stamp, currency-note or bank-note
Full Text
179. Trafficking in forged or counterfeit coin, stamp, currency-note or bank-note.
Whoever imports or exports, or sells or delivers to, or buys or receives from, any other person, or otherwise traffics or uses as genuine, any forged or counterfeit coin, stamp, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, shall be punished with 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.
Plain English Summary
Punishes importing, exporting, selling, buying, receiving, trafficking, or using counterfeit coins, stamps, or banknotes with life imprisonment or up to ten years in prison, and a fine.
Key Legal Elements
- Importing, exporting, buying, selling, receiving, or delivering counterfeit coin, stamp, currency-note, or bank-note
- Or otherwise trafficking or using it as genuine
- Accused knew or had reason to believe the items were forged or counterfeit
- Punishable with life imprisonment or up to 10 years and fine
Punishment
Imprisonment for life, or imprisonment up to 10 years, and fine
Practical Note
This section covers active distribution and usage (trafficking) of fake currency. It carries a much higher penalty than simple possession (Section 180).
हिंदी पाठ
179. जाली या कूटकृत सिक्के, स्टाम्प, करेंसी-नोट या बैंक-नोट का व्यापार करना।
जो कोई किसी जाली या कूटकृत सिक्के, स्टाम्प, करेंसी-नोट या बैंक-नोट का आयात या निर्यात करेगा, या उसे किसी अन्य व्यक्ति को बेचेगा या परिदत्त करेगा, या किसी अन्य व्यक्ति से खरीदेगा या प्राप्त करेगा, या अन्यथा उसका व्यापार करेगा या असली के रूप में उपयोग करेगा, यह जानते हुए या विश्वास करने का कारण रखते हुए कि वह जाली या कूटकृत है, वह आजीवन कारावास से, या दोनों में से किसी भांति के कारावास से, जिसकी अवधि दस वर्ष तक की हो सकेगी, दंडित किया जाएगा और जुर्माने के लिए भी दायी होगा।