HomeNewsIndia NewsPrivate colleges not allowed to buy bonds from students: Supreme Court

Private colleges not allowed to buy bonds from students: Supreme Court

New Delhi: The Supreme Court criticized private medical colleges for buying bonds from students. The court held that private colleges have no authority to demand bonds from students.

The court said that only governments have the authority to buy bonds and private medical colleges are not the government. Chief Justice DY Chandrachud said that private medical colleges asking for the bond is a shocking step.

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