Provision

Whoever has in his possession any document, knowing the same to be forged, and intending that the same shall fraudulently or dishonestly be used as genuine, shall, if the document is one of the description mentioned in section 466 of this Code, be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine; and if the document is one of the description mentioned in section 467, shall be punished with [imprisonment for life], or with imprisonment of either description, for a term which may extend to seven years, and shall also be liable to fine.


Simply Put

Anyone who has in his possession any document, knowing the same to be fake, and intending that the same shall fraudulently or dishonestly be used as genuine and if the document is one of the description mentioned in section 466 of this Code then the offender shall be punished with imprisonment for a term which may extend to seven years, and shall also be liable to fine; and if the document is one of the description mentioned in section 467 then the offender shall be punished with [imprisonment for life], or with imprisonment for a term which may extend to seven years, and shall also be liable to pay fine.



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