Prudeta
Prudeta
2026 INSC 408
📌 Paras 1-5
The petitioners, a trust managing a school, failed to repay a debt to a secured creditor, leading to action under the SARFAESI Act. Despite multiple assurances and undertakings to the High Court and this Court, the petitioners defaulted on payment plans. The High Court, noting the petitioners' unsatisfactory conduct and disregard for the rule of law, directed police assistance for the secured creditor to take possession of the school premises. The petitioners filed a Special Leave Petition against this order.
📌 Para 1
Whether directions should be issued for the closure of the school, deployment of police to secure possession for the secured creditor, and auction of the premises, given the petitioners' repeated defaults an
The bench further analyzed the constitutional validity of the impugned provisions and discussed the interpretation of Articles 14 and 21 in light of recent precedents...
Citing the ratio in prior decisions, the court held that the legislative intent was to ensure...
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