IPC Section 460
Section 460 – Punishment for Forgery of Valuable Security or Will
This section deals with forgery related to valuable securities (like bonds, promissory notes, shares) or wills, which are important legal documents.
Main Provisions
Act Covered
If a person forges a valuable security or a will, or knows it is forged and uses it, it falls under this section.
“Forgery” here means making a false document with intent to deceive.
Intention Required
The person must have the intention to cheat or cause injury by using the forged security or will.
Mere accidental mistakes or unintentional errors are not punishable under this section.
Punishment
Imprisonment for life, or imprisonment up to 10 years, and
Fine.
Purpose of the Law
To protect the financial and legal interests of people.
To ensure valuable documents like wills, bonds, or shares are not tampered with fraudulently.
Example
Suppose Rahul forges a bond issued by a company and tries to cash it.
Here, Rahul is committing an offence under Section 460 IPC, because he forged a valuable security.
✅ In short:
Section 460 IPC punishes anyone who forges or knowingly uses a forged valuable security or will, with life imprisonment or up to 10 years of imprisonment and fine.
RELATED Blog
0 comments