Hold Shah Rukh Khan Accountable for DHFL Endorsement! (An Online Mass Petition)

This petition seeks urgent legal and ethical accountability from Bollywood actor Shah Rukh Khan for his role in endorsing Dewan Housing Finance Corporation Ltd. (DHFL), a company whose collapse in 2019 devastated lakhs of small investors. As brand ambassador during DHFL’s fraudulent operations, Khan’s public image bolstered investor trust in a failing institution. Under the Consumer Protection Act, 2019, celebrity endorsers are legally obligated to conduct due diligence—an obligation Khan appears to have ignored. OBMA thereby demands a formal CCPA inquiry, public apology, disgorgement of endorsement fees, and penalties to set a precedent for responsible celebrity conduct in financial advertising.