Section 13 in The Coinage Act, 2011

Title: Penalty for contravention of section 12

Description: Whoever contravenes any provisions of section 12 shall be punishable with imprisonment which may extend to seven years and with fine.

Title: Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money

Description: (1) No person shall— (a) make or issue or attempt to issue any metal piece except as provided under section 4 for the purpose of coin; (b) possess, custody or control of any metal piece with the intent to issue the piece for use as money for a medium of exchange. (2) Whoever contravenes the provisions of sub-section (1) shall be punishable with imprisonment which may extend to one year or with fine or with both: Provided that if any person convicted under this section is again convicted, he shall be punishable with imprisonment which may extend to three years or with fine or with both.

Title: Prohibition and penalty for bringing metal piece for use as coin

Description: (1) No person shall bring by sea or by land or by air into India of any piece of metal to be used as coin except with the authority or permission of the Government. (2) Whoever contravenes the provisions of sub-section (1) shall be punishable with imprisonment which may extend to seven years and with fine.

Title: Offences by companies.

Description: (1) Where an offence under this Act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of its business, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly: Provided that nothing contained in this sub-section shall render any person liable to any punishment, if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Notwithstanding, anything contained in sub-section (1), where any offence under this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or is attributable to, any neglect on the part of any director, manager, secretary or other officer, such director, manager, secretary or other officer of the company shall be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. Explanation.--For the purposes of this section,-- (a) "company" means any body corporate and includes a firm, society or other association of individuals; and (b) "director", in relation to— (i) a firm, means a partner or proprietor of the firm; (ii) a society or other association of individuals, means the person who is entrusted, under the rules of the society or other association, with the management of the affairs of the society or other association of the individuals, as the case may be.

Title: Forfeiture

Description: Any coin or metal in relation to which any offence under this Act has been committed shall be forfeited to the Government.