Legal Provisions of Section 250 of Indian Penal Code, 1860.
Delivery of coin, possessed with knowledge that it is altered:
This section penalises delivery of a coin, possessed with the knowledge that it is altered. The section says that whoever, having in this possession such a coin with respect to which the offence as defined under section 246 or 248 of the Code has been committed, and having had knowledge at the time when the coin came to his possession that such an offence had been committed with respect to it, fraudulently or with the intention that fraud may be committed, either delivers such coin to any other person, or attempts to induce any other person to receive the same, shall be punished with simple or rigorous imprisonment for a term extending up to five years, and shall also be liable to fine.
Image Source: cdn.shareyouressays.com
ADVERTISEMENTS:
The section requires that the accused must possess such coin by which an offence under section 246 or 248 has been committed. It must be proved that he had knowledge when the coin came into his possession that such an offence had been committed with respect to it by it. He must either deliver such a coin to anyone or attempt to induce someone to receive the same. While doing so he must have acted fraudulently or must have intention that fraud may be committed.
The offence under this section is cognizable, non-bailable and non-compoundable, and is triable by magistrate of the first class.