Is 489-A Bailable offence?
Its non bailable offence.
According to section 489-A PPC
Whoever counterfeits or knowingly performs any part of the process of counterfeiting any currency note or bank note shall be punished with imprisonment for life or with imprisonment of either description for a term which may extend to ten years and shall be liable to fine.
For the purpose of this section and of sections 489-B, 489-C and 489-D that expression banknote means a promissory note or engagement for the payment of money to bearer on demand issued by any person carrying on the business of banking in any part of the world or issued by or under the authority of any state or sovereign power and intended to be used as equivalent to or as a substitute for money.
Using as Genuine, Forged or Counterfeit Currency Notes or Bank Notes
Is 489-B Bailable offence?
Its non bailable offence.
According to section 489-B PPC
Whoever sells to or buys or receives from any other person or otherwise traffics in or uses as genuine any forged or counterfeit currency note or bank note knowing or having reason to believe the same to be forged or counterfeit shall be punished with imprisonment for life or with imprisonment of either description for a term which may extend to ten years and shall also be liable to fine.
Possession of Forged or Counterfeit Currency or Bank Notes
Is 489-C Bailable offence?
Yes, its bailable offence.
According to section 489-C PPC
Whoever has in his possession any forged or counterfeit 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.
Making or Possessing instruments or material for Forging or Counterfeiting Currency Notes or Bank Notes
Is 489-D Bailable offence?
Its non bailable offence.
According to section 489-D PPC
Whoever makes or performs any part of the process of making or buys or sells or disposes of or has to his possession any machinery instrument or material for the purpose of being used or knowing or having reason to believe that it is intended to be used for forging or counterfeiting any currency note or bank note shall be punished with imprisonment for life or with imprisonment of either description for a term which may extend to ten years and shall also be liable to fine.
Making or Using Documents resembling Currency Notes or Bank Notes
Is 489-E Bailable offence?
Its non bailable offence.
According to section 489-E PPC
Whoever makes or causes to be made or uses for any purpose whatsoever or delivers to any person any document purporting to be or in any way resembling or so nearly resembling as to calculated to device any currency note or bank note shall be punished with imprisonment of either description for a term which may extend to one year or with fine or with both.
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