IPC Section 241 - Delivery of coin as genuine, which, when first possessed, the deliverer d id not know to be

241. Delivery of coin as genuine, which, when first possessed, the deliverer d id not know to be

counterfeit.--Whoever delivers to any other person as genuine, or attempts to induce any other person to

receive as genuine, any counterfeit coin which he knows to be counterfeit, but which he did not know to

be counterfeit at the time when he took it into his possession, shall be punished with impriso nment of

either description for a term which may extend to two years, or with fine to an amount which may extend

to ten times the value of the coin counterfeited, or with both.

Illustration

A, a coiner, delivers counterfeit Company's rupees to his accomplice B, for the purpose of uttering

them. B sells the rupees to C, another utterer, who buys them knowing them to be counterfeit. C pays

away the rupees for goods to D, who receives them, not knowing them to be counterfeit. D, after

receiving the rupees, discovers that they are counterfeit and pays them away as if they were good. Here D

is punishable only under this section, but B and C are punishable under section 239 or 240, as the case

may be.