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    <title>1986 (11) TMI 355 - Supreme Court</title>
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    <description>Sections 489A and 489C of the Indian Penal Code, 1860 were construed to extend to counterfeit foreign currency notes, including dollar bills. The Court held that &quot;currency note&quot; in Section 489A is of wide amplitude and is not limited to Indian currency, and that the Explanation to the section covers notes issued by or under the authority of a State or sovereign power intended to be used as money. It further held that the High Court wrongly imported definitions from another statute and read a limitation into the penal provision. The same construction applied to Section 489C, which covers possession of forged or counterfeit currency notes with the requisite knowledge and intent. The discharge order was reversed and proceedings were directed to continue.</description>
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    <pubDate>Wed, 19 Nov 1986 00:00:00 +0530</pubDate>
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      <title>1986 (11) TMI 355 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=127873</link>
      <description>Sections 489A and 489C of the Indian Penal Code, 1860 were construed to extend to counterfeit foreign currency notes, including dollar bills. The Court held that &quot;currency note&quot; in Section 489A is of wide amplitude and is not limited to Indian currency, and that the Explanation to the section covers notes issued by or under the authority of a State or sovereign power intended to be used as money. It further held that the High Court wrongly imported definitions from another statute and read a limitation into the penal provision. The same construction applied to Section 489C, which covers possession of forged or counterfeit currency notes with the requisite knowledge and intent. The discharge order was reversed and proceedings were directed to continue.</description>
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      <pubDate>Wed, 19 Nov 1986 00:00:00 +0530</pubDate>
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