| Sanghi secured the bail after depositing a surety amount of Rs 50,000 in the court. |
| On Friday, the counsel for Sanghi also presented receipt of a payment of Rs 20 lakh to the DRI on Thursday towards penal interest. |
| The Directorate of Revenue Intelligence submitted before the Bhuj court on Thursday that Sanghi had repaid dues over the duty evasion before he was arrested by the DRI officials. |
| This submission by the Directorate of Revenue Intelligence is said to have paved the way for Sanghi's release on bail. |
| Following the court's decision to grant bail to Ravi Sanghi, special public prosecutor Ratnakar Dholakia expressed disappointment over the court order. |
| "I do not feel that payment of outstanding dues solves the problem. The sudden shift in stance by the DRI has changed the case dramatically," he said. |
| Setting riders while granting bail, the court said Sanghi cannot leave the country without its permission. He has also been directed to surrender his passport to the Directorate of Revenue Intelligence. |
| Warning him against tampering with evidence, the court said Sanghi should be present in the court whenever summoned. |
| Sanghi was arrested on Monday at Gandhidham by the Directorate of Revenue Intelligence over charges of cheating and forgery in a customs duty evasion case of Rs 67 lakh. |
| It has been alleged that Sanghi Cements diverted 15,000 tonne of imported coal to the open market, which amounted to violating the export obligations of the company, while availing of duty exemption. |
| A complaint under sections 420, 467, 471 of the Indian Penal Code had been lodged against Sanghi. |
| Sanghi was admitted to the Civil Hospital here in Ahmedabad on Tuesday after he complained of chest pain. |
| A series of tests have since been carried out on Sanghi and he is reported to be stable. |
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