Pleasure of “The Trial”: a letter to PCHFL’s Legal Advocates

The article is framed as an open letter addressed to the legal advocates of Piramal Capital and Housing Finance Limited (PCHFL), specifically targeting DSK Legal, who issued a legal notice to the authors. Written in a satirical and defiant tone, it responds to PCHFL’s attempts to silence the authors’ online criticism regarding the company’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). The authors mock the legal threats, expressing “pleasure” at the prospect of a trial, which they see as an opportunity to expose alleged misconduct by PCHFL and its chairman, Ajay Piramal, in court. They challenge the accusations of defamation, arguing that their dissent—part of a broader “web-based civil disobedience movement”—is a legitimate exercise of free speech against crony capitalism. The letter also critiques the legal notice’s claims of reputational and financial damage as exaggerated, suggesting that PCHFL’s actions reflect a fear of transparency rather than a genuine grievance.