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The Civil Court issued an order last week directing Maldives Police Service and all relevant entities to assist the State Bank of India (SBI) in handing over Palm Beach Resort, which was mortgaged to the bank, to its buyer.
Palm Beach Resort, located in Lhaviyani Atoll, was mortgaged to SBI for a loan taken by Guardian Agency Pvt Ltd and Monaza Construction Pvt Ltd.
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