The authors address the attention of Piyush Goyal, Minister of Commerce & Industry in the Indian government, urging immediate redress for the victims of the Dewan Housing Finance Corporation Limited (DHFL) scam. They contend that the appointment of Ajay Piramal – a significant donor to the ruling Bharatiya Janata Party (BJP) through electoral bonds – as the party favoured acquirer in the DHFL resolution exemplifies crony-capitalism and signals a grave institutional failure. The letter highlights evolving legal irregularities in the resolution process, including unresolved cases and contradictory public claims regarding ownership of DHFL, pointing to the broader erosion of regulatory and democratic accountability under a dominant majoritarian regime. Through a tone of moral insistence and democratic urgency, the authors, writing on behalf of FD (fixed deposit) and NCD (non-convertible debenture) holders, demand prompt governmental intervention to halt further injustice against middle-class investors. They frame the DHFL saga as symptomatic of a deeper crisis of state–capital nexus, demanding that the minister respond to these citizen-victims and reinforce the rule of law.