Respected President of India, Think Twice Before Annihilating DHFL FD & NCD-Holders: a #Campoal petition

Posted on 21/04/2021

INTRODUCTION TO THE PETITION

After Dewan Housing Finance Corporation Limited (DHFL, once it was AAA+ rated company) was referred to the IBC on 22 November 2019, the RBI appointed a Committee of Creditors (COC). The COC planfully, in a pre-determined way, deprive FD and NCD Holders for handling it over to a particular company (Piramal Capital and Housing Finance Limited), following the authoritarian rituals of monopoly and crony capitalism as it exists in contemporary oligarchic Indian political economy. Therefore, the FD and NCD-holders of the DHFL are now victims of simulated financial abuse and suffering from extreme pecuniary miseries and psychosomatic disorders (especially in the context of Pandemic) due to the non-payment of their hard-earned money. For more details, kindly view the following hyperlinks:

1. DHFL SCAM AT A GLANCE: FROM THE PERSPECTIVES OF AILING FD HOLDERS
2. CONSEQUENCES OF CRONY AND MONOPOLY CAPITALISM IN INDIA: THE CASE OF DHFL SCAM
3. CONFESSION OF A VICTIM OF FINANCIAL ABUSES 
4.  False allegations on the collusion among the BJP, Dawood-Mirchi and the DHFL: A Letter to the BJP President

We wish to forward this campaign to the President, the Prime Minister, the Finance Minister, the Minister of Law and Justice of the Republic of India and to the Reserve Bank of India (RBI) Governor as well. This campaign is also to be dispatched to the United Nations Organization (UNO) under the United Nations Guiding Principles on Business and Human Rights, especially the provision for “Access to remedy for victims of business-related abuses”. Thus, our plea is being addressed to the International Court of Justice, United Nations High Commissioner for Human Rights (OHCHR) and the Economic and Social Council for the remedying the victims of financial abuse in the context of DHFL Scam.

Thanking you in advance for your kind support,

ONCE IN A BLUE MOON SOCIETY

21-04-2021