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SC Orders Closure of School Over Loan Default, Directs Police-Assisted Takeover under SARFAESI Act - (24 Apr 2026)

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Supreme Court ordered closure of a private school in Kolhapur from May 1, 2026, after repeated loan defaults and obstruction of SARFAESI proceedings, noting wilful disobedience of court orders and an extreme disregard for the rule of law.

Tags : SCHOOL; LOAN DEFAULT; TAKEOVER  

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