Fraudulently or dishonestly diminishing weight or altering composition of Indian coin
AI Assist
Summary
Fraudulently or dishonestly tampering with an Indian coin so that its weight is reduced or its metal composition is changed is an offence. It applies whenever any operation is performed on a coin with that intent. Penalty is imprisonment for up to seven years and a fine.
Example
Ravi, a scrap dealer, files down old coins to recover metal and then sells the filings. The coins lose weight and their composition is altered. He can be prosecuted and, if convicted, face up to seven years imprisonment and a fine.
Bare Act
Enacted textWhoever fraudulently or dishonestly performs on any Indian 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 seven years, and shall also be liable to fine.
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