In a temporary relief for around 490 students of the Nehru English High School in Bengaluru’s Shivaji Nagar, the Karnataka High Court Monday stayed the seizure of the school building by the state government till October 27. On Sunday, the government had attached the school building after it came to light that the owner of the school, Mansoor Khan, had allegedly duped depositors to the tune of around Rs 4,000 crore in a ponzi scam.
The private unaided school was established in 1964 and is managed by the I Monetary Advisory (IMA) which is owned by Khan.
According to principal Amreen Begum, the management has reassured the parents of safeguarding the academic prospects of the students. Speaking to indianexpress.com Begum said, “The management has taken legal advice since the scam was unearthed. We approached the High Court seeking a stay on the seizure. Regular classes have resumed and we cannot afford any close down till the end of the academic year. Moreover, preparations for the Class X board examination will commence soon and we cannot put the academic prospects of the students at stake.”
On condition of anonymity, a teacher of the school said, “I have been working here for almost seven years and on a personal level, I am ready to fight for the survival of the school. Parents have also requested to not let the education stop, even if it comes to teaching the students on the streets because of the seizure.”
However, parents alleged that the school management,…
