' This is an application for the grant of bail after arrest in case F.I.R. No,349 dated 29-6-2004 registered under section 489-F, P.P.C., at Police Station Cantt. District Gujranwala.
2. Briefly stated the prosecution case is that the petitioner issued two cheques dated 17-3-2001 and 17-4-2001 which were dishonoured when presented to the banker on 17-4-2001. The F.I.R. Was lodged on 29-6-2004.
3. The learned counsel for the petitioner contends that the offence if any took place on 17-4-2001 when section 489-F, P.P.C. Was not on the Statute Book. He has placed reliance on Afaf Rahim v.
Nisar Ahmad and 2 others 2004 PCr.LJ 263 to contend that no offence under this provision can be made out against the petitioner retrospectively. It is further submitted that the F.I.R. Lodged on 29- 6-2004 was filed with inordinate delay which has not been explained by the prosecution.
4. On the other hand, the learned State counsel has not seriously controverted either of the grounds raised by the petitioner.
5. In view of the foregoing, the petitioner is allowed bail subject to furnishing of bail bonds in the sum of Rs, 1,00,000 with one surety in the like amount to the satisfaction of the learned trial Court.