Legal Provisions of Section 241 of Indian Penal Code, 1860.
Delivery of coin as genuine, which, when first possessed the deliverer did not know to be counterfeit:
This section makes penal the delivery of a counterfeit coin as genuine, which, when first possessed, was not known to the deliverer to be counterfeit. The section says that whoever either delivers a counterfeit coin to anyone as genuine, about which he has knowledge that it is counterfeit, but which he did not know to be counterfeit at the time he took it in his possession, shall be punished with simple or rigorous imprisonment for a term extending up to two years, or with fine extending up to the worth of ten times the value of the coin counterfeited, or with both.
Image Source: 185.26.182.219
ADVERTISEMENTS:
There must be actual delivery of the counterfeit coin to another or an attempt to induce him to receive that coin, as genuine, with the knowledge that it was counterfeit, even though at the time when the coin came into his possession he did not know that it was a counterfeit coin. While section 239 deals with almost professional utterers, this one deals with casual ones.
The offence under this section is cognizable, non-bailable and non-compoundable, and is triable by court of session.