Even If Money <i> Is</i> Foreign, It Can’t Be Counterfeited
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NEW DELHI — India’s Supreme Court Friday decided that counterfeiters do not have a license to print foreign money, the Press Trust of India news agency reported.
With rare speed, the court overturned a judgment last week by Kerala state high court, which held there was nothing in the Indian penal code to prevent faking foreign bank notes.
This view “meant issuing a carte blanche to the counterfeiters of the world to establish their headquarters within the state of Kerala,” the Supreme Court ruled.
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