WHO IS AJAY PIRAMAL?

A BRIEF RESUME

Posted on 15th December, 2021

Updated on 5th May, 2023 (GMT 08:14 hrs)

Disclaimer:
All the reports are collected from different websites and newspapers. The collectors of these reports/information are not responsible for any legal issues.

AJAY PIRAMAL’S LEGACY

Remembering the unforgettable contribution of Ajay Piramal’s grandfather, the great philanthropist Seth Piramal Chaturbhuj Makharia from Bagar, Rajasthan

Bio-data of Ajay Piramal -1 VIEW HERE ⤡

Bio-data of Ajay Piramal -2 VIEW HERE ⤡

Ajay Piramal is a follower of the Ramakrishna-Vivekananda tradition; a devotee of Sri Radhanath Swami, who acts according to the dictums of the Gita.

Ajay Piramal hypocritically smashing the Gauḍiya Vaiṣṇava Dharma (a letter to Śrīmat Rādhānātha Svāmī) VIEW HERE ⤡

Above all, he is also the father-in-law of Isha Ambani (née Piramal), the only daughter of Mukesh-Nita Ambani, the favoured business tycoon of the Modi-Shah gang.

AJAY PIRAMAL’S “TRAGIC” LIFE

The secret behind Ajay Piramal’s success VIEW HERE ⤡ (As reported on 8^th November, 2005 ©Rediff.com)          

The Sad Reason Why This Indian Billionaire Refuses To Invest In India VIEW HERE ⤡ (As reported on 27^th December, 2011 ©The Insider)   

OLD SINNER: SCAMS & SCANDALS

In Selling Firm to Piramal Group as Minister, Piyush Goyal Pushes Ethical Boundaries VIEW HERE ⤡ (As reported on 28^th April, 2018 ©The Wire)       

Here comes one more scandal:

Piyush Goyal sells his firm to billionaire Ajay Piramal, at almost 1000 percent premium, four months after his becoming a Union Minister. Piramal group subsequently increased its investments in power and renewal energy…. https://t.co/eVhv0EKQ4L

— Sanjiv Bhatt (IPS) (@sanjivbhatt) April 28, 2018

Piramal Group deal: Cong demands Piyush Goyal’s removal over ‘financial fraud’  VIEW HERE ⤡ (As reported on 29^th April, 2018 ©The Deccan Chronicle)       

SEBI Finds Piramal Enterprises, Ajay Piramal Guilty Of Violating Insider Trading Regulations VIEW HERE ⤡ (As reported on 3^rd October, 2016 © BloombergQuint)

SAT sets aside Sebi’s order against Piramal Ent, others in insider trading control lapses case VIEW HERE ⤡ (As reported on 15^th May, 2019 ©The Business Standard)         

Piramal Enterprises fined Rs.6 lakh for insider trading VIEW HERE ⤡ (As reported on 5^th October, 2016 ©The News Bytes)       

PUNISHMENT FOR INSIDER TRADING:

2013 INSIDER TRADING POLICY, INDIA VIEW HERE ⤡

Section 15G: Penalty for insider trading VIEW HERE ⤡

An Instance of Punishment for Insider Trading: Rajat Gupta

Rajat Gupta and Goldman’s Insider Trading Bombshell VIEW HERE ⤡

Rajat Gupta fined $13.9 million for insider trading VIEW HERE ⤡ (As reported on 18th October, 2016 ©The Hindu)

Why is Ajay Piramal not punished yet for such similar insider trading?

SAVAGE CAPITALIST VS. RATAN TATA: A CASE OF GUILT FEELING?

“AJAY PIRAMAL would not hesitate to step down from the Tata Sons board if there is a sense of conflict of interest after his acquisition of DHFL, Piramal Group chairman told Anup Roy and Vishal Chhabria in an interview.”

Will step down from Tata board if there’s a conflict, says Ajay Piramal VIEW HERE ⤡ (As reported on 30^th September, 2021©The Business Standard)      

Ajay Piramal, a person with legal conflicts,

is trying tooth and nail to occupy DHFL by forcible, unfair means!

Ajay Piramal coercively trespassing DHFL without clearing the ongoing legal cases with the help of the crony ruling party

TORT LAW VIEW HERE ⤡

An Introduction to Law of Torts: Meaning, Nature and Essential elements VIEW HERE ⤡

Constitutional Tort VIEW HERE ⤡ (As reported on 24th August, 2021 ©LiveLaw)

R. Subramaniakumar, along with Ajay Piramal, hurriedly went to the NCLAT to nullify the NCLT First Verdict regarding the DHFL case without presenting any argument.

For more information on the above matter, consult the following document: A WHITE PAPER ON THE DEWAN HOUSING FINANCE CORPORATION LTD. (DHFL) VIEW HERE ⤡

Therefore, the Twitter suspended Piramal Capital & Housing Finance‘s account, which was trying to use the username “@DHFL_India“, after massive reporting of the said account by the DHFL Victims. Thanks to Parag Agrawal, CEO, Twitter ⤡!

#Seize_Cronies_Fairplay_for_DHFL_Victims
Where is @DHFL_India under @PiramalCHF? You are playing cunning game with the help of the crony ruling party @BJP4India pic.twitter.com/WYTUs0esMv

— Akhar Bandyopadhyay (@akhar_akhar) December 13, 2021

The link to the suspended account: https://twitter.com/DHFL_India

Swati Piramal dismisses activist’s complaint of illegal tree chopping on Mumbai bungalow site VIEW HERE ⤡ (As reported on 26th May, 2015 ©The Economic Times)

and history repeats itself (2015 to 2021)…

Ajay Piramal illegally dismisses DHFL legal cases (under adjudication or sub judice) by chopping off DHFL FD-NCD-Shareholders!!

P. S. Autodidact economist Henry George in his book Progress and Poverty (1879) said that the meaning of “development” is nothing but the accumulation of unearned increment by the real-estate developers. Mr. Piramal is no exception! In addition to that, he is a cunning real-estate developer. The following videos by Mr. Krishnaraj Rao unveil the tricks of Piramal Realty:

Mr. Piramal does not consider one variable: anthropogenic glocal heating in relation to his chosen locations: Mumbai, Thane etc. The Indian coastal area is at stake due to the consequences of glocal heating. It is redundant to say that Mumbai, with an elevation of only 10-11 mtrs, will sink very soon⤡, resulting in the creation of a large number of climate refugees. One must keep in mind the consequences of glocal heating when real-estate customers are going to buy flats in such climate risk zones.

Kindly note that Piramal Enterprises committed a grievous sin against the mother nature by polluting one of the pañca-mahā-bhūta, viz., water:

NGT refuses blanket stay on EC to be paid by Piramal VIEW HERE ⤡ (As reported on March 26, 2021 ©The Times of India)