Piramal’s Legal Firm vs DHFL Victims: A Chronological Collage

Posted on 20th March, 2025 (GMT 17:13 hrs)

Updated on 8th September, 2025 (GMT 02:00 hrs)

ABSTRACT

Mr. Ajay Piramal’s legal firm, DSK Legal, has been targeting DHFL victims and OBMA members with defamation and contempt cases since March 2023. The cases aim to silence dissent against Ajay Piramal’s allegedly controversial acquisition of DHFL by PCHFL, an entity that is now merged with Piramal Enterprises Ltd. The legal actions seem to lack coherence, with apparently poor research and notarization of irrelevant documents. Victims have received emails allegedly from the Bombay High Court, but no detailed or mentionable official records are available as of yet. The article calls for continued digital activism to investigate and expose Mr. Piramal’s alleged ties to the BJP and possible financial misconduct.

Where the mind is [NOT] without fear and the head is [NOT] held high
Where knowledge is [NOT] free
Where the world has ~~not~~ been broken up into fragments
By narrow domestic walls
Where words [DON’T] come out from the depth of truth…

Where do we exactly situate this “where“? India, which is now the republic of intolerance, autocracy, appropriation, censorship and manipulation under the crony BJP rule!

For those who regularly follow our OBMA blog since the last two-three years or more, it’s likely no surprise for them to know that some of our supporters or followers, including some of the victims of the Dewan Housing Finance Corporation Limited (DHFL) “scam” (Can we logico-legally say that after the CBI’s Jan’25 Closure Report on the Wadhawans?), have been repeatedly targeted with defamation and contempt cases by DSK Legal, the firm representing Mr. Ajay Piramal, the supposed/alleged present “owner” of the DHFL. These legal actions, aimed at individuals speaking out against the alleged controversies tied to this prominent corporate figure—who is evidently linked to the ruling Bharatiya Janata Party (BJP)—have been relentless. Since the first week of March in 2023, and continuing to the present, these few DHFL victims/follower-supporter-members of OBMA have faced an onslaught of emails, social media post bans (though without success!), and a flood of case files, diarized entries, and notarization of documents, which consist of posts and posters by certain DHFL scam victims associated OBMA.

Why does Mr. Piramal, through his legal firm, seem so intent on pursuing these innocent individuals, who are merely voicing dissent against the skewed “political economy” under India’s current government by utilizing the fifth pillar of democracy, viz., social media, in terms of a web-based non-violent civil disobedience movement? The apparent answer is to ruthlessly silence them through what can only be described as legally cloaked threats and deterrence—how else can we frame this, given our status as victims of political-corporate financial abuse (as defined by the United Nations Guiding Principles/UNGP)? The goal seems clear: to ensure that Mr. Piramal’s alleged/possible corporate MANeuvers remain shielded from public scrutiny, hidden from “we, the people of India” in terms of a foreclosing act of “will to hide” (jugupsa/erit celare) as part of the incessant governmentality of the polymorphic “will to power”.

This further emphasizes the urgent need for all DHFL victims to leverage social media and engage in digital activism to expose the perpetrators by sharing available evidence, reports, and articles, while utilizing relevant toolkits, thus furthering their pursuit of distributive justice and advocating for fundamental human rights, particularly the right to livelihood.

Yet, these legal efforts targeting these victims—through appeals, suits, and interim applications under civil law—reveal a striking lack of diligence by DSK Legal. Their research appears woefully inadequate, overlooking key writings that expose the broader context of India’s political-social-economic decline under the BJP’s crony policies. This includes our modest but impactful Bangla articles⤡⤡ on the pre-debt-ory capitalism of India’s oligarchs and their cronies—figures like Piramal, Ambani, and Adani—which provide critical backdrop to the DHFL controversy. Despite having a Bengali representative, DSK Legal has missed these Bangla pieces, as well as our Hindi⤡ and Gujarati⤡ content. Instead, their sloppy work is laid bare by instances like notarizing irrelevant and redundant documents, wholly unconnected to the DHFL matter, while pressing charges against these victims.

Adding to the absurdity, consider this: Piramal Capital and Housing Finance Ltd. (PCHFL), the entity that allegedly “acquired” DHFL for a mere rupee against its ₹45,000-crore asset value, no longer exists as a standalone company. It has reportedly merged with Piramal Enterprises Ltd. (PEL) recently. How, then, can a non-existentially existent entity (paradox of being⤡?!) stand as a petitioner in a legal battle? Moreover, in the Supreme Court of India, Kapil Sibal and A. M. Singhvi are apparently fighting as the legal representatives of DHFL (under the Wadhawans, against Piramal) while simultaneously representing PCHFL (and/or PEL??!!) as the supposed “owner” of DHFL. Are they or are they not⤡? It is perplexing for the victims to know at a time when the Indian republic is accused by the international media for its data paucity, data opacity, data denial and data manipulation. This identity crisis critically jeopardizes the integrity of the allegedly forced acquisition of DHFL. It raises serious questions about the legitimacy of these legal proceedings, both in relation to the DHFL cases (63 Moons, UPPCL, FD Holders’ Litigant Groups etc.) as well as DSK Legal’s litigations.

Does this suggest that Mr. Piramal and other BJP-aligned crony tycoons (Ambani-Adani et al.) are experiencing a legitimation crisis, considering the current dilapidated state of the Indian economy? Do they need some sort of attention or validation, given the range of controversies (or Gordian knots) entangling Mr. Piramal’s business persona? Why else would they make culprits out of victims?

It is crucial to clarify in this legal context that the entire burden of proof for demonstrating or establishing either defamation or contempt lies with those pressing the aforementioned charges against a specific group of individuals. Therefore, we sincerely request DSK Legal to first provide well-substantiated, internally coherent, and conclusive (in the philosophically stringent sense of meeting the standard of epistemological justification) empirical evidence that supports the claims! Only then will those “accused” DHFL victims, who have been rendered paupers due to this manufactured DHFL “scam” (a Summersian ploy⤡ to fabricate a crisis that never existed and then profit from it!⤡) consider those allegations!

Mr. Piramal and Co. are allegedly “making merry” with a significant portion of the life savings of the innocent DHFL victims, by allegedly leveraging connections with the BJP and the Ambani family. Now, they are seemingly attempting to turn the tables, making some of those victims the accused. What is the rational basis for all this, especially through the lens of international human rights? We would like to ask this unhesitatingly.

To know more about Mr. Piramal’s alleged controversies, view the following:

Piramal Bound: The DHFL Gordian Knot (Movie)

The Paramavaiṣṇava At Stake: Unwinding Piramal, “Thy Name is Controversy!”

Mr. Paramavaiṣṇava’s Trial: A Courtroom Drama

Ajay Piramal in the Ring of Fire of Controversies

In fact, we must wholeheartedly thank DSK Legal for notarizing our digital posters, campaigns, posts, articles, and letters, as their legal stamp significantly enhances the likelihood of these materials being read, explored, studied, and shared among a globally focused audience.

Quite recently, during the past two months, the “accused” DHFL victims (hitherto marked as “Unknown Defendants” in all of DSK Legal’s litigations: DHFL Victims as phantom/spectral presence in the eyes of Piramal and Co.?) have received the following two emails (dated 12th February and 17th March, 2025, respectively), allegedly from the Bombay High Court:

This seems to draw from an even earlier mail (dated 22nd April, 2024) received on those self-same email accounts, which is also given as follows:

However, despite searching the official website of the Bombay High Court using the relevant case details, we have not yet been able to retrieve any significant or mentionable case records or details. If we do obtain any updates in the near future, we will share them in this post’s thread.

Update (June 2025):

We received the following update from BHC’s email ID on 10th June, 2025:

As of today (27/06/2025), a suspicious parcel is en route from Mumbai to the residence of an OBMA founder member. What might it contain? A summons? A legal notice? On what grounds? We have consistently used terms like “reported,” “alleged,” “possible,” “supposed,” and “apparently” before making any statements regarding Mr. Piramal, his company, or the BJP oligarchy as a whole. We have upheld the principle of legal integrity, maintaining the stance of “innocent until proven guilty.” Our fight centers on the rights of impoverished citizens, who are suffering from a state of seemingly manufactured financial abuse attributed to the current political regime’s crony capitalist tendencies. Nevertheless, OBMA will not rest until justice is served for the lakhs of innocent Indian citizens, including NRIs, senior citizens, widows of retired Indian army personnel, physically challenged individuals, and charitable or philanthropic institutions.

Here is the official court record as of now, which includes a misspelling of our OBMA founder-member’s name and also resurrects the defamation case previously filed by Mr. Piramal’s legal firm:

The court’s directives dated 11th June 2025 are given as follows:

ordjud Download

~###~

Given below is the comprehensive series/list of posts we have made on this scenario of (en)raging correspondence, bordering on the notion of “legality”—emails, replies, counter-replies, case-details, case-files, arguments, and rebuttals—between Piramal’s legal representative, DSK Legal, and the DHFL victims they’ve accused, chronicling the ongoing struggle of a few zoon politikon against the unjustified onslaughts of the version of neoliberal capitalism represented by the BJP and Co.

(TO BE UPDATED AS THIS PERPETUAL FIGHT PROGRESSES TO EMBRACE WIDER HORIZONS OF ANTI-AUTHORITARIANISM….)

The OBMA Activists, along with some of the digitally engaged DHFL victims, are resolutely committed to revealing or unmasking the true nature of the deceptive Indian Crony Oligarchy run by the BJP with the help of its crony corporate magnates, clearly demonstrated through the protracted laboratory experiment of the challenging DHFL debacle spanning five long years.

Piramal’s Legal Firm vs DHFL Victims: A Chronological Collage

37 Comments

Leave a Comment Cancel reply

Share this:

37 Comments

Leave a Comment Cancel reply