489A to 489E are not applicable to currency notes other than
Indian currency notes and that counterfeiting of or possess-
ing of counterfeit dollar bills ... notes issued by the Govern-
ment of India."
326
applicable to currency notes other than Indian currency
notes. And in holding that counterfeiting
series
are the counterfeit notes respectively recovered from accused
Nos.1 and 2. MO3 note is the counterfeit note recovered from
the book. The genuine ... Possession of forged or counterfeit
currency-notes or bank-notes.-- Whoever has
in his possession any forged or counterfeit
currency-note or bank-note, knowing
believe that the said
currencies were forged or counterfeit. Thus,
mere possession of counterfeit notes by itself
is not a ground to hold the accused ... counterfeit note without the knowledge or reason
to believe that the currency note or bank note
was forged or counterfeit and intending
counterfeit currency notes
and instruments for the purpose of making counterfeit notes in
building No.XXIV/463 of Chalakudy Municipality on 26.2.2000.
On the basis ... accused as per Ext.P2 arrest memo and seized the
counterfeit notes under Ext.P1 mahazar. According to PW1, since
several local people
effect that the
notes did not match with the numbering of the genuine
notes and were therefore, counterfeit. The final
report was laid thereafter ... possession of counterfeit notes
cannot be drawn on the possessor.
11. The fact that the MO1 series notes recovered
are counterfeit is proved beyond doubt
accused 3 in numbers were engaged in trafficking of
counterfeit notes and in pursuant to their common
intention, the 3rd accused handed over 34 counterfeit ... present case has produced altogether 56
notes and thus 17 notes are in excess from the number of
notes allegedly seized from the accused
forged or counterfeit currency notes or bank notes
knowing or having reason to believe the same to be forged
counterfeit note and intending ... Further the accused have no case that the note seized is
not fake note or counterfeit note. They have also no case either
counterfeit
currency notes and thereafter to use the same as genuine
currency notes and circulate the same among others as
genuine notes, knowing fully well ... with
the intention or knowledge that they are in possession of
counterfeit notes for that purpose, on 24.01.1992 at 6.40
p.m., at a Mandapam
forged or counterfeit currency-note or bank-note, knowing or having reason
to believe the same to be forged or counterfeit and intending ... handed over a 100 rupee note to PW3 which was identified as a
genuine note. Thereafter, MO1 series notes were handed over
having
reason to believe the same as forged or counterfeit. Mere
possession of counterfeit currency notes knowingly or having
reason to believe the same ... Accused had possession of counterfeit
currency notes with a reason to believe that those currency notes
were counterfeit. The second factor which is required
