Despite the bail, Khan, 71, will not be immediately released as he is serving sentences in two other cases
Subrata Roy chairman of India's Sahara Group, passed away in Mumbai on Tuesday due to a cardiorespiratory arrest. He was 75.
A company statement said that he had passed away at 10.30pm (9pm UAE Time) due to a cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes.
He had been admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute (KDAH) on Sunday following a decline in health.
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Despite the bail, Khan, 71, will not be immediately released as he is serving sentences in two other cases
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