ASSADULLAH KHAN CHAMKANI, J.---Petitioner Muhammad Younas, seeks bail in case FIR No.114 dated 10.11.2015, registered under sections 4/23, F.E.R. Act, 1947, in Police Station FIA/CBC, Peshawar, wherein he is charged by the FIA authorities for having been indulged in the business of Hundi Hawala illegally without any valid license or permit from the competent authority.
2. Arguments heard and record perused.
3. Without touching the merits of the case, suffice it to say that punishments of the offences with which the petitioner is charged, do not fall within the restrictive limb of section 497, Cr.P.C. And in such like cases bail is a rule and refusal thereof an exception. At the moment there exists no exceptional circumstance to obstruct the way of bail to petitioner.
4. Accordingly, this petition is allowed. Accused/petitioner is admitted to bail provided he furnishes bail bonds in the sum of Rs.3,00,000 with two local, reliable and resourceful sureties each in the like amount to the satisfaction of learned Illaqa Judicial Magistrate/MOD concerned.