Whoever forges a document or electronic record which purports to be a valuable security or a will, or an authority to adopt a son, or which purports to give authority to any person to make or transfer any valuable security, or to receive the principal, interest or dividends thereon, or to receive or deliver any money, movable property, or valuable security, or any document or electronic record purporting to be an acquittance or receipt acknowledging the payment of money, or an acquittance or receipt for the delivery of any movable property or valuable security, shall be punished with 1 *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.
IPC Section 467: Simplified Explanation
IPC Section 467 of the Indian Penal Code (IPC) deals with the offence of forgery of valuable security, will, or authority to adopt a son, among other documents of significant importance. Due to the critical nature of the documents involved, this section is considered one of the gravest under the forgery category.
Specifically, this section addresses the forgery of:
- Valuable securities or documents purport to create, transfer, or terminate any right, title, or interest in movable or immovable property.
- A will or an authority to adopt a son, as these documents have significant legal consequences regarding property and familial relationships.
- Any document required by law to be attested or notarised.
This section is vital because the documents it covers have profound legal and financial implications, and their forgery can lead to substantial losses and disruptions.
Is IPC Section 467 Bailable?
IPC Section 467 is non-bailable. This status means the accused has no automatic right to bail. The court will decide whether to grant bail based on the case’s specifics, including the severity of the offence and the potential harm or risk posed by the accused if released.
IPC Section 467 Punishment
The Punishment for forgery under IPC Section 467 is rigorous imprisonment for a term that may extend to life or up to ten years and shall also be liable to a fine. The severity of the Punishment reflects the significant impact such forgeries can have on individuals and society.
Example of IPC Section 467
A real-life example of an offence under IPC Section 467 could involve someone forging a will to unlawfully inherit property. Imagine a person creating a fake will falsely declaring them the sole beneficiary of a deceased individual’s estate, excluding other legitimate heirs. This act defrauds the rightful heirs and undermines the legal process of inheritance. If such forgery is discovered, the forger would be charged under IPC Section 467 due to the critical nature of the forged document and the severe implications of the act.