On Friday, the Supreme Court has set fresh terms to release Sahara’s founder Subrata Roy, who is jailed for more than a year in a dispute over issuance of illegal bonds.

The court said that Sahara will have to pay 30 billion rupees ($470.59 million) in nine instalments after Roy’s release from the jail.

After his release on bail, Roy will have to submit his passport to the court, the court said.

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