Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 21] [Section 6] [Entire Act]

Union of India - Subsection

Section 6(1) in The Coinage Act, 2011

(1)The coins issued under the authority of section 4 shall be a legal tender in payment or on account, in case of—
(a)a coin of any denomination not lower than one rupee, for any sum not exceeding one thousand rupees;
(b)a half-rupee coin, for any sum not exceeding ten rupees;
(c)any other coin, for any sum not exceeding one rupee:
Provided that the coin has not been defaced and has not lost weight so as to be less than such weight as may be prescribed in its case.