Indian Penal Code
IPC 240 is now BNS 179.
Delivery of Indian coin, possessed with knowledge that it is counterfeit · BNS 179 brings it together with IPC 237, 238, 239, 241, 250, 251, 254, 258, 260 and 489B.
Merged
40% of the old wording kept
Old · IPC 1860 · Ch. XII
s. 240
Delivery of Indian coin, possessed with knowledge that it is counterfeit
Whoever, having any counterfeit coin which is a counterfeit of 1[Indian coin], and which, at the time when he became possessed of it, he knew to be a counterfeit of 1[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.
Text from the official India Code PDF
New · BNS 2023 · Ch. X
s. 179
Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.
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.
Text from India Code