Coinage Act 2011 (Bare Act with Section Notes) - Book By Taxmann

Edition : 2027

Coinage Act 2011 [Bare Act with Section Notes] by Taxmann is a single-volume working Edition of the Act, with Section Notes printed under five of its sections and case law under two. The statutory text is freely available; what this book supplies is the apparatus around it—fourteen numbered Section Notes under five sections, which break down five of the twelve definitions and the penalty and liability provisions in sections 13 to 16; summaries of two High Court rulings, under sections 4 and 8; footnotes that record the date of the Act, its commencement and the current reference for the Companies Act named in it; and a Subject Index to every section and to the twelve definitions in section 2.

The book solves a practical problem. Anyone working under the Act has to piece together four things:

• The text of the Act
• The date it came into force and the notification that brought it into force
• The current reference for the Companies Act 1956 named in the definition of 'Mint'
• The court rulings on coins and currency

This volume prints the first in full and footnotes the second and third at the provisions concerned. It summarises two High Court rulings, under sections 4 and 8.

This book is intended for the following audience:

• Bank and Currency Chest Staff who handle diminished, defaced and counterfeit coins, and want sections 9 and 10 on cutting them and on who bears the loss
• Security Printing and Minting Corporation of India and Mint Officials working under sections 3, 4, 5 and 11, with the note on what the Act means by 'Mint'
• Bullion, Metal Scrap and Jewellery Traders who must stay clear of the melting, destruction and possession offences in section 12 and its presumption about coinage alloys
• Coin Collectors and Dealers who want the definition of 'commemorative coin', its note and the Delhi High Court ruling on re-minting
• Businesses Handling Large Volumes of Coin that need the Explanation to section 12 on a person's reasonable requirements of coins
• Importers and Customs Officials dealing with metal pieces brought into India, under section 15
• Police, Prosecutors and Magistrates handling offences that are cognizable, bailable and non-compoundable, may be tried summarily and lead to forfeiture
• Advocates and Company Compliance Officers advising on the penalties and on the liability of companies and their officers under section 16
• Law Students, Researchers and Exam Aspirants who want the Act, its notes and its case law in one current volume

The Present Publication is the 2027 Edition, covering the text of the Coinage Act 2011 [Act No. 11 of 2011], with the law stated as updated till 20^th September 2026. It has the following noteworthy features:

• [Section Notes – The Core Editorial Feature] Fourteen numbered notes are printed under sections 2, 13, 14, 15 and 16, and note 16.3 has two sub-notes. Each note has a numbered head and breaks the provision into sub-heads and points, with sub-points where needed, so the reader sees each element of a definition or an offence on its own line
• [Five Definitions Explained] Notes 2.1 to 2.5 explain 'coin', 'commemorative coin', 'deface', 'metal' and 'Mint'. The note on 'coin' lists what the definition takes in—commemorative coins and Government of India one rupee notes—and what its Explanation leaves out: credit and debit cards, postal orders and e-money
• [Penalties and Company Liability Broken Down] Nine notes under sections 13 to 16 set out the penalty and liability provisions: the maximum term of imprisonment; whether imprisonment and fine both apply, as under sections 13 and 15, or are left to the court's choice, as under section 14; the higher penalty on a repeat conviction under section 14; and when the persons in charge of a company, and its officers, are deemed guilty, with the defences open to persons in charge. Two sub-notes give the section's own meanings of 'company' and 'director'
• [Case Laws Under Sections 4 and 8] Summaries of two High Court rulings are printed: under section 4, B. R. Manhas v. Union of India (Jammu and Kashmir High Court, reported in AIR 2016), on the languages printed on currency notes; and under section 8, Ravi Somani v. Union of India (Delhi High Court, reported in AIR 2014), on the re-minting of commemorative coins. Each opens with a bold statement of the issue and closes with the citation
• [Dates and the Companies Act Reference Footnoted] Footnotes give the date of the Act, 1st September 2011, and its commencement on 28th March 2012 under Notification No. S.O. 628(E) of the same date. A third footnote points the reference to the Companies Act 1956, in the definition of 'Mint', to the Companies Act 2013
• [Research Tools] A Contents list gives page references for all twenty-eight sections. A Subject Index of twenty-eight main heads and thirty sub-entries refers to every section and to all twelve definitions in section 2. From page 2, running heads give the last section on each page
• [Authoritative Bare Act Presentation] Taxmann's Bare Act editorial format is followed throughout. A boxed COMMENTS device closes the statutory text wherever editorial matter follows, under seven sections, so the words of Parliament are never confused with the publisher's notes

The structure of the book is as follows:

• Contents
• Coinage Act 2011, with Section Notes and Case Laws
• Chapters I to VI, Sections 1 to 28
• Subject Index