IPC 246 - Fraudulently diminishing the weight or altering the composition of any coin
Description of IPC 246
Description of IPC Section 246
According to section 246 of Indian penal code, Whoever, fraudulently or dishonestly performs on any coin any operation which diminishes the weight or alters the composition of that coin, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
IPC 246
| Offence | Fraudulently diminishing the weight or altering the composition of any coin |
| Punishment | 3 Years + Fine |
| Cognizance | Cognizable |
| Bail | Bailable |
| Triable | Sessions Court |
Up to 3 years of imprisonment and a fine.
IPC 246 in Simple Words
In simple words, Section 246 of the Indian Penal Code states that if someone fraudulently or dishonestly alters the weight or composition of a coin, they can be imprisoned for up to three years and fined.
Importance and Practical application
IPC Section 246 targets the fraudulent alteration of a coin's weight or composition, ensuring the integrity of the currency and preventing misuse for financial gain.
Practical application:
Examples: Tampering with coins to reduce their weight. Legal Consequences: Addresses fraudulent alterations to currency.Conclusion
With a punishment of up to 3 years of imprisonment and a fine, this section enforces strict consequences for tampering with coins, deterring fraudulent activities that could undermine the value of currency.