Posted on 8th March, 2022
Updated on 1st April, 2022
TO WHOM IT MAY CONCERN
Sub: Requesting for Returning the Fees from the Administrator and Representatives of the RBI-appointed CoC for DHFL
Dear Sir/Madam,This is to request you to kindly return the fees charged by Mr. R Subramaniakumar and Ms. Charu Sandeep Desai for (mis-)conducting the RBI-Appointed CoC for DHFL. Since the total process as executed by them is “contrary to law” (as per the Honourable NCLAT Verdict on 27/01/2022: Company Appeal (AT) (Insolvency) No. 677 and 800 of 2021), therefore, they do not have any moral or legitimate right to charge their fees (by putting additional financial burden on the ailing and distressed DHFL FD, NCD and Shareholders, especially during the pandemic) if they cannot justify their (mis-)deeds. They must return their entire fees.
Moreover, they are also to be charged for infringing the business-related human rights and for committing mental harassment of thousands of innocent DHFL Victims, both of which are inexcusably “contrary to law”.
See Also:
- SMELLING THE RAT IN THE DHFL-COC RESOLUTION PROCESS: A LETTER TO THE PRESIDENT OF INDIA⤡
- PLEASE COMPOSE AN OBITUARY FOR THE RBI-APPOINTED COMMITTEE OF CREDITORS (COC) FOR THE DHFL⤡
Yours Sincerely,
Dr. Debaprasad Bandyopadhyay
Mrs. Rupa Bandyopadhyay
Mr. Akhar Bandyopadhyay
On Behalf of the Once In A Blue Moon Academia⤡
बहुजनहिताय बहुजनसुखाय च॥
(“For the happiness of the many, for the welfare of the many”)
P.S.
Please note these two tweets by Mr. Ashok Khemka IAS:
https://twitter.com/AshokKhemka_IAS/status/1445550276744597511?t=kjZBHWSkdiVUAtjSu6Br-Q&s=08
Once in a Blue Moon Academia 
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Respected Sir,
Thank you very much for drawing attention of all victimized DHFL FD HOLDERS for this hidden financial loss burden imposed by concerned CoC authorities and writing well drafted letter.
As we cannot expect from EXTREMELY DISHONEST, UNHUMAN & SHAMELESS concerned CoC authorities to return back fees charged by them, we should also request/pressurize NCLAT, Supreme Court including PMO & President.
Regards
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Sir,
Please rectify the percentage shown 23.08% of total claim paid to all DHFL FD HOLDERS, IN ALL RECORDS/PLATFORMS/COMMUNICATIONS. They have calculated 23.08% BASED ON SURRENDER VALUE IN NOVEMBER 2019 WHICH IS TOTALLY WRONG. CALCULATION OF PERCENTAGE SHOULD BE BASED ON FD MATURITY VALUE (principle +interest). My FDs matured in March 2020.
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Charu is 420
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Insolvency:
*CoC is fully competent to revise the Resolution Professional fee even if it was earlier approved by any earlier CoC decision – NCLAT New Delhi*
_Coram: Mr. Justice Ashok Bhushan and Ms. Shreesha Merla_
Case Citation: (2022) ibclaw.in 331 NCLAT
Full summary & text of the judgment is available here: https://ibclaw.in/khushvinder-singhal-erstwhile-rp-of-bestways-transport-india-pvt-ltd-vs-reena-tiwari-nclat-new-delhi/
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