Delivery of Indian coin, possessed with knowledge that it is counterfeit
Section 240 of the Indian Penal Code, 1860 deals with delivery of Indian coin, possessed with knowledge that it is counterfeit. Whoever having any counterfeit coin, which is a counterfeit of [Indian coin], and which, at the time when he became possessed of it, he knew to be a counterfeit of [Indian coin], fraudulently or with intent that fraud may be committed, delivers the same to any person, or attempts to induce any perso The Act came into force on 01 Jan 1862. Repealed by section 358 of the Bharatiya Nyaya Sanhita, 2023 (45 of 2023) with effect from 1 July 2024, but conduct before that date is still charged, tried and appealed under it.
Whoever having any counterfeit coin, which is a counterfeit of [Indian coin], and which, at the time when he became possessed of it, he knew to be a counterfeit of [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.
Section 240, The Indian Penal Code, 1860 (Act 45 of 1860).
Now in the Bharatiya Nyaya Sanhita
No provision of the Bharatiya Nyaya Sanhita is textually close to this one. No close match found
Measured by comparing the text of the two provisions, not taken from an official correspondence table — there is no machine-readable one. See both texts side by side before relying on it.
Both regimes are live. The repealed enactment still governs what happened while it was in force. We never redirect one to the other.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Related judgements & precedents
These are some judgments that construed this section, and hold precedence value. They hold authority on how to read, interpret and use this section.
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Chintalapudi Police Station vs HAMAR CHAD S/O HAMR BUGH
Court's Decision & Legal Precedent
When a compoundable offence under IPC Section 240 is voluntarily compounded by the victim with the permission of the court and consent of both parties, the accused is entitled to acquittal under Section 320(8) Cr.P.C., and any bail bonds shall stand cancelled.
On this section: The alleged offence under this section was determined to be compoundable, allowing the victim to voluntarily settle the matter
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Jafar vs State
Court's Decision & Legal Precedent
Where an appellant has already undergone the major part of a criminal sentence without bail, has demonstrated good conduct in jail with no adverse reports, and the remaining sentence is minimal, the appellate court may exercise judicial discretion to remit the remaining sentence to the period already served, balancing the principles of criminal accountability with compassion and proportionality.
On this section: Offense related to counterfeiting currency - applicable to the possession and use of counterfeit currency
The holding above is the ratio decidendi as extracted from the judgment by eCourts India, reproduced unaltered — it is a rendering of the court's reasoning, not a substitute for its words. Read the order itself before relying on it.
Questions about Section 240
What have the courts held on Section 240 of the Indian Penal Code?
Chintalapudi Police Station vs HAMAR CHAD S/O HAMR BUGH (11 Sep 2021) is the leading judgment on this section among those set out below: The alleged offence under this section was determined to be compoundable, allowing the victim to voluntarily settle the matter. Another 1 judgment on this section is set out below. They run from 2005 to 2021.
How do I find court cases under Section 240 of the Indian Penal Code?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: IPC 240, section 240 IPC, section 240 of the Indian Penal Code. People searching for it also type ipc 240 20b1 and ipc 240 21b2. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome. 2 reported judgments on this section are set out on this page, beginning with Chintalapudi Police Station vs HAMAR CHAD S/O HAMR BUGH (11 Sep 2021).
What should I read with Section 240 of the Indian Penal Code, and has it changed?
1 other provision in this corpus refers back to it.
When did Section 240 of the Indian Penal Code come into force?
Section 240 of the Indian Penal Code, cited as IPC 240, came into force on 01 Jan 1862, having been enacted on 06 Oct 1860. It is no longer in force.
Other sections of this Act
- 499. Defamation1512 words
- 464. Making a false document1223 words
- 300. Murder1172 words
- 378. Theft980 words
- 108. Abettor745 words
- 403. Dishonest misappropriation of property727 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Recovered from the consolidated text published by India Code (item 7b7d4fe6-206b-4e33-81f1-b98b018acaf6). This page is not a substitute for legal advice.