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IPC 467 → BNS 338: Forgery of Valuable Security

IPC Section 467 (Forgery of Valuable Security) under the old Indian Penal Code 1860 is now covered under Section 338 of the new Bharatiya Nyaya Sanhita (BNS) 2023, effective from 1 July 2024.

Old Law — IPC 1860

467

Forgery of Valuable Security

Forgery of valuable security, will, etc.

New Law — BNS 2023

338

Forgery of Valuable Security

Punishment / Liability

Same - Life or up to 10 years with fine

Key Change / Note

Extended to digital securities

Facing a case under BNS 338?

Connect with a verified criminal lawyer for bail, FIR & defence under BNS 338.

Quick Summary: IPC 467 vs BNS 338

The Bharatiya Nyaya Sanhita (BNS) 2023, which came into force on 1 July 2024, has replaced the colonial-era Indian Penal Code (IPC) 1860. Under the new criminal law framework, IPC Section 467 (Forgery of Valuable Security) is now mapped to BNS Section 338.

What did IPC 467 cover?

IPC 467 dealt with forgery of valuable security — forgery of valuable security, will, etc.. Until 30 June 2024, every FIR and criminal trial relating to this offence in India was registered and prosecuted under this provision of the Indian Penal Code 1860.

BNS 338: What changed in the new law?

Extended to digital securities. From 1 July 2024, all new criminal complaints relating to forgery of valuable security are filed under BNS Section 338. Cases registered before 1 July 2024 will, however, continue to be tried under the old IPC provisions as per the saving clause of the BNS.

Punishment under BNS 338

Same - Life or up to 10 years with fine

Practical implications for advocates, police & citizens

Advocates: While drafting bail applications, vakalatnamas and written statements for offences registered after 1 July 2024, cite BNS 338 instead of IPC 467.
Police officers: Use BNS 338 as the substantive offence in new FIRs; procedure is governed by the Bharatiya Nagarik Suraksha Sanhita (BNSS).
Law students & citizens: For competitive exams, judicial services and general awareness, remember the IPC 467 ↔ BNS 338 mapping.

Frequently Asked Questions

What is the BNS equivalent of IPC Section 467?

IPC Section 467 (Forgery of Valuable Security) is now covered under Section 338 of the Bharatiya Nyaya Sanhita (BNS) 2023, effective from 1 July 2024.

What is the punishment under BNS 338?

Same - Life or up to 10 years with fine

What is the key difference between IPC 467 and BNS 338?

Extended to digital securities

Is IPC 467 still valid in India?

No. The Indian Penal Code 1860 has been repealed and replaced by the Bharatiya Nyaya Sanhita (BNS) 2023 with effect from 1 July 2024. All ongoing cases under IPC continue, but new FIRs are registered under BNS.