262. When accused shall be discharged.

(1) The accused may prefer an application for discharge within a period of sixty days from the date of supply of copies of documents under section 230.

(2) If, upon consideration of the record of the case and the documents submitted therewith, and after hearing the submissions of the accused and the prosecution in this behalf, the Magistrate considers that there is no sufficient ground for proceeding against the accused, he shall discharge the accused and record his reasons for so doing.