Calling the NHRC to Break the Silence on DHFL Victims: An Open Letter to Justice Ramasubramanian
An open letter dated January 11, 2025, addresses Justice V. Ramasubramanian, the newly appointed Chairperson of India’s National Human Rights Commission (NHRC), urging immediate action on behalf of victims of the Dewan Housing Finance Corporation Limited (DHFL) scam. The letter criticizes the NHRC’s previous dismissal of complaints from DHFL’s fixed deposit and non-convertible debenture holders, who suffered significant financial losses due to the company’s collapse. It argues that these grievances fall under human rights violations as per the United Nations Guiding Principles on Business and Human Rights, specifically concerning the right to an effective remedy. The letter also highlights India’s declining human rights record, referencing the NHRC’s delisting from the Global Alliance of National Human Rights Institutions in recent years, and calls for the Commission to uphold its mandate by addressing the injustices faced by DHFL victims.
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