IPC Section 489D deals with the making or using of documents resembling currency notes or banknotes. It prohibits the creation or circulation of counterfeit or imitation currency, with the intent to deceive or defraud others.
- Offense: Under Section 489D, the offense is committed when a person intentionally makes or uses any document that bears a resemblance to a currency note or banknote. This includes creating counterfeit currency or using counterfeit currency with the intention to deceive or cheat others.
- Illustration: Let’s consider an example. If an individual knowingly produces fake currency notes or uses counterfeit money to purchase goods or services, they would be committing an offense under Section 489D of the Indian Penal Code.
- Cognizance: Offenses under Section 489D are generally cognizable, meaning that the police have the authority to investigate and arrest without a warrant. The seriousness of the offense may require coordination and cooperation between law enforcement agencies and financial institutions.
- Bailability: The bailability of the offense under Section 489D would depend on the specific circumstances and the severity of the offense. In some cases, the offense may be non-bailable, requiring the accused to approach the court for bail.
- Trial: The trial for offenses under Section 489D would be conducted by the courts established under the Indian legal system. The specific court would depend on the nature and severity of the offense. More serious cases may be tried by Sessions Courts or High Courts, while less serious cases may be tried by Magistrates’ Courts.
- Punishment: The punishment for the offense under Section 489D is outlined in the Indian Penal Code. If found guilty, the accused can be punished with imprisonment, which may extend up to seven years, and may also be liable to pay a fine.
It’s important to note that the specific details of the offense, its punishment, and other procedural aspects would be defined in the relevant sections of the Indian Penal Code corresponding to Section 489D.