IPC §242 → BNS §180
Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof
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Comparison
242. Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof.—Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, having known at the time when he became possessed thereof that such coin was counterfeit, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
Whoever has in his possession any forged or counterfeit coin, stamp, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both.
What changedAI-inferred
IPC 242 (possession of counterfeit coin known counterfeit when first possessed; imprisonment up to 3 years with fine) is absorbed into BNS 180. The unified BNS 180 covers possession of any forged/counterfeit coin/stamp/currency-note/bank-note knowing or having reason to believe such, with intent to use as genuine. Punishment up to 7 years with fine.
Old position
IPC 242 is concerned with Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof. Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof
New position
BNS 180 preserves the framework with drafting modernisations as required by the new code. Topic: Possession of forged or counterfeit coin, Government stamp, currency-notes or bank-notes. Whoever has in his possession any forged or counterfeit coin, stamp, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as
IPC 242 (possession of counterfeit coin known counterfeit when first possessed; imprisonment up to 3 years with fine) is absorbed into BNS 180. The unified BNS 180 covers possession of any forged/counterfeit coin/stamp/currency-note/bank-note knowing or having reason to believe such, with intent to...
Editorial deltaAI-indicated (source-linked)
IPC 242 (possession of counterfeit coin known counterfeit when first possessed; imprisonment up to 3 years with fine) is absorbed into BNS 180. The unified BNS 180 covers possession of any forged/counterfeit coin/stamp/currency-note/bank-note knowing or having reason to believe such, with intent to use as genuine. Punishment up to 7 years with fine.
Transitional note (repeal & savings)
For matters initiated before 1 July 2024, IPC 242 continues to apply. For matters from that date forward, BNS 180 applies. The transition is governed by the repeal-and-savings clause in the new code (BNS 358 / BNSS 531 / BSA 170 as the case may be); pending proceedings under the old code carry forward unaffected.
Frequently asked
BNS 180 (Possession of forged or counterfeit coin, Government stamp, currency-notes or bank-notes). The relationship is classified as substantively_same — see the change-note above for the textual delta.
Sources
- India Code — Indian Penal Code, 1860
- Gazette of India — Bharatiya Nyaya Sanhita, 2023
Cite this page
Newlaws.in, IPC §242 → BNS §180 Mapping Page, last updated 2026-05-01, accessed 2026-06-12, https://newlaws.in/ipc/242.
Compiled using AI-assisted tools · Source-linked · Last updated 2026-05-01
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