Introduction:

Here we are going to explain what is punishable offence in this section and how much has imprisonment or fine under section 489A.

Description:

Counterfeiting currency-notes or bank-notes :- In this section states that whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, 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.

CLASSIFICATION OF OFFENCE Punishment:

Offence: - Counterfeiting currency-notes or bank-notes

Punishment - Imprisonment for Life or 10 Years + Fine

This is a Non-Bailable, Cognizable offence and Triable by Court of Session.

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