Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof
Section 242 of the Indian Penal Code, 1860 deals with possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof. 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, shall be punished with imprisonment of either description for a term which may extend to three years, and 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 Repealed by section 358 of the Bharatiya Nyaya Sanhita, 2023 (45 of 2023) with effect from 1 July 2024, but conduct before that date is still charged, tried and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, 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, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
Section 242, 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 The repealed enactment still governs what happened while it was in force.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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Sukhram@nanu vs State of Rajasthan through Pp
Court's Decision & Legal Precedent
When material witnesses fail to support the prosecution case during trial, the High Court may grant regular bail under Section 439 CrPC, even in cases involving serious charges such as dowry death, cruelty, and abetment to suicide, without expressing opinion on the merits of the case.
On this section: Fabricating false evidence - applied to charge related to false evidence
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 242
What have the courts held on Section 242 of the Indian Penal Code?
Sukhram@nanu vs State of Rajasthan through Pp (24 Nov 2017) is the leading judgment on this section among those set out below: Fabricating false evidence - applied to charge related to false evidence.
How do I find court cases under Section 242 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 242, section 242 IPC, section 242 of the Indian Penal Code. People searching for it also type ipc 242 00a1 and ipc 242 advantech. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome. 1 reported judgment on this section is set out on this page, beginning with Sukhram@nanu vs State of Rajasthan through Pp (24 Nov 2017).
What should I read with Section 242 of the Indian Penal Code, and has it changed?
4 other provisions in this corpus refer back to it.
When did Section 242 of the Indian Penal Code come into force?
Section 242 of the Indian Penal Code, cited as IPC 242, 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.