Indian Penal Code
IPC 30 is now BNS 2(31).
“Valuable security” · BNS 2 brings it together with IPC 8, 9, 10, 11, 12, 17, 19, 20, 21, 22, 23, 24, 25, 26, 28, 29, 31, 33, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 51, 52 and 52A. BNS 2(3) and BNS 2(39) are new, with no IPC counterpart.
Merged
96% of the old wording kept
Old · IPC 1860 · Ch. II
s. 30
“Valuable security”
The words “valuable security” denote a document which is, or purports to be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or whereby any person acknowledges that he lies under legal liability, or has not a certain legal right.
Illustration A writes his name on the back of a bill of exchange. As the effect of this endorsement is to transfer the right to the bill to any person who may become the unlawful holder of it, the endorsement is a “valuable security”.
Text from the official India Code PDF
New · BNS 2023 · Ch. I
s. 2(31)of section 2
Definitions.
(31) "valuable security" means a document which is, or purports to be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or whereby any person acknowledges that he lies under legal liability, or has not a certain legal right.
Illustration.
A writes his name on the back of a bill of exchange. As the effect of this endorsement is to transfer the right to the bill to any person who may become the lawful holder of it, the endorsement is a "valuable security";
Text from India Code