This im/passioned collage of posters from many of the Indian citizens highlights the systemic corruption and financial abuse exemplified by the Dewan Housing Finance Corporation Limited (DHFL) scam, portraying it as a symptom of a broader BJP-headed autocratic regime’s collusion with crony capitalists like Ajay Piramal and others like Ambani and Adani. India’s low score of 38 on the 2024 Corruption Perceptions Index underscores the pervasive corruption that enables such financial heists. The misuse of the Insolvency and Bankruptcy Code (IBC) of 2016, coupled with the Reserve Bank of India’s (RBI) appointment of a complicit Committee of Creditors (CoC), facilitated the orchestrated plundering of DHFL depositors’ savings. Against this backdrop, sarcastic book covers and posters serve as powerful tools of resistance, exposing the roles of the RBI Governor and CoC members in alleged bribery, audit fraud, and data manipulation. These creative expressions are not only a critique of financial misconduct but also a broader condemnation of human rights violations, where systemic greed strips citizens of all senses of dignity and security. The narrative calls for justice through satire, urging accountability in a nation suffocated by regulatory apathy and political patronage.
Author Archives: Once In A Blue Moon Academia
We are concentrating on two problems:
1. Devastating financial ecosystem
2. Catastrophic natural ecosystem
OUR OBJECTIVES
The objects of the Society shall be :
1. to promote and to protect human and animal rights in all parts of the world, study and dissemination of promotion knowledge of International Human Right related issues along with convergences of different disciplinary studies in accordance with the Philosophy of Science(s), to solve the problems related to anthropogenic global heating, to develop theory and methods, and their utilities in research and practical applications (e.g., in case of litigation related to financial abuse; psychiatric problems due to unemployment neurosis and financial abuses etc.; problems of climate change-related issues) generally, with special reference to natural and social welfare through non-violent means.
2. to undertake research in various fields of legal and psycho-social sciences, with a goal to the reduce human suffering as far as possible in a non-violent manner with a special emphasis on the United Nations Guiding Principles on Business and Human Rights, especially on the third pillar in this context, “Access to remedy for victims of business-related abuses”. That is, “Protect, Respect and Remedy” (one of the 31 principles implemented by the United Nations) for all on the issues of human rights and transnational corporations and other business enterprises.
3. to provide for, and undertake, the collection of information, investigations, projects and operational researches for purposes of planning and the improvement of efficient legislature as well as humane societal norms for the welfare of suffering human and non-human beings.
Mr. Ajay Piramal: Grand Philanthropism or Profiteering Facade?
The article critically examines the philanthropic image of Ajay Piramal, chairman of the Piramal Group. While reflecting on his supposedly projected contributions through the Piramal Foundation in areas like healthcare, education, and clean water initiatives, the article raises concerns about alleged financial misconduct and environmental extortion issues associated with his business practices over the years that seem to posit a crony collusion. It questions whether his philanthropic endeavours serve as a genuine commitment to social welfare or as a means to obscure less ethical corporate activities. The piece encourages readers to scrutinize the alignment between Piramal’s professed values and his business operations, suggesting a need for greater genunity in viewing a philanthro-capitalist!
The Shadow of Quora: Why Once in a Blue Moon Academia Faces a Singular Blockade?
Once in a Blue Moon Academia (OBMA), a digital movement advocating for justice and transparency, thrives across platforms like WordPress, Google Sites, and YouTube, yet faces a unique blockade from Quora. This article explores Quora’s darker side—its inconsistent moderation, echo chambers, data breaches, and censorship—revealing how these flaws mirror OBMA’s broader fight against systemic oppression, including the Piramal Group’s influence in the #DHFL_Scam. From https://onceinabluemoon2021.in/ to its global digital presence, OBMA’s struggle underscores the tension between digital gatekeeping and the quest for free expression, urging readers to join the battle for a more open internet. #Seize_Cronies_Fairplay_for_DHFL_Victims #Restore_Freedom_of_Speech_and_Expression
Unveiling the Venom: A Lament Against Orchestrated Hate and Simulated “Truths” about Pahalgam and Abhaya
In a fiery lament dripping with anguish and defiance following the Abhaya incident in West Bengal and the Pehelgam Massacre in Kashmir, Unveiling the Venom shreds apart the orchestrated hatred and manufactured truths nurtured by India’s ruling regime. The author mourns martyrs of free thought, blasts the cynical use of religious fundamentalism to mask corporate greed, and calls out the leaders’ war-mongering hypocrisy, corruption, and simulated hyper-nationalism. Wielding history, philosophy, and satire like a blade, the piece demands accountability, exposes state-sponsored deceit, and reminds readers that real resistance is forged in questioning, not blind allegiance. A stormy anthem against an empire of lies.
Bringing Back from Oblivion: Key NCLT and NCLAT Verdicts in the DHFL “Scam” Cases
The article strongly commends the NCLT (May 19, 2021) and NCLAT (January 27, 2022) for their bold rulings in the DHFL insolvency case, which criticized the exclusion of ex-promoters, exposed irregularities in the resolution plan by Ajay Piramal, and questioned the opaque conduct of the RBI-appointed Committee of Creditors (CoC). It highlights the lack of transparency in auditing, denied access to CoC audits under RTI, and systemic disregard for small depositors. The authors critique the Supreme Court’s April 1, 2025, judgment for upholding the resolution plan without adequately addressing these issues, while remanding the matter of avoidance transaction recoveries to the NCLT. Emphasizing a pro-people, constitutional ethos, the piece appeals to NCLT and NCLAT to uphold their earlier stances and protect public interest, calling for justice and restitution for DHFL’s small depositors.
EVMs and/or Ballots: Binary Dead-Ends?
The article critiques the polarized debate in India surrounding electronic voting machines (EVMs) versus paper ballots. It contends that framing the issue as a binary choice oversimplifies the complexities of electoral integrity. The authors highlight that both EVMs and paper ballots possess their unique vulnerabilities, urging the need for robust, transparent, and verifiable electoral processes rather than a fixation on the medium of voting. The piece advocates for a more nuanced discussion that transcends partisan positions to confront the genuine challenges of ensuring free and fair elections in a more decentralized, participatory, and partyless manner.
Urgent Plea for Suo Motu Action in DHFL Crisis to Restore Justice and Equity: An Open Letter to The Hon. CJI Sanjiv Khanna
This open-letter by a family of DHFL victims appeal to Chief Justice Sanjiv Khanna to take suo motu cognizance of the DHFL crisis, invoking Article 142 to protect the rights of lakhs of affected FD/NCD holders—mostly senior citizens, widows, and public institutions—who lost life savings due to alleged fraud and crony capitalism. They criticize the Supreme Court’s April 1, 2025, judgment, led by Justice Bela M. Trivedi, which upheld Piramal’s resolution plan, giving victims only 23% recovery while ignoring a full-repayment offer by DHFL ex-promoter Wadhawan. They allege bias in the RBI-appointed CoC and question the judiciary’s increasing proximity to political and corporate powers, citing broader concerns about judicial independence, integrity, and public faith. Citing past appeals and OHCHR recognition, the authors urge Justice Khanna to restore the judiciary’s credibility and ensure justice for victims, warning that inaction will deepen legitimacy crises and public despair.
“Stop Allergic Piramal”: A Self-Reflexive Note from a Ruptured Self
In this narrative, the author intertwines personal anguish with systemic critique, portraying how financial betrayal manifests as physical ailment. After losing life savings in the DHFL crisis, the narrator experiences psychosomatic symptoms—itching skin, rashes, anxiety—symbolizing the deep scars left by economic injustice. The piece uses the metaphor of medication, specifically “StopAllerg,” to highlight how treatments may numb symptoms but fail to address underlying causes. This narrative serves as a poignant commentary on how corporate greed and institutional failures inflict both psychological and physiological harm on victimized individuals.
The “Waqf” Controversy and the Silence on “Debutter” Property: A Case of Majoritarianism?
The article critiques the asymmetrical treatment of religious endowments in India, highlighting how Waqf properties—Muslim charitable endowments used for mosques, madrasas, graveyards, and other community purposes—have faced intense scrutiny, legal reforms, and public debates, while Hindu Debutter (or Devottara) properties, which serve similar religious functions and are fraught with similar disputes as Waqf, remain largely untouched. The article discusses the recent Waqf (Amendment) Act of 2025, renamed as the Unified Waqf Management, Empowerment, Efficiency, and Development (UWMEED) Act, which supposedly seeks to modernize and centralize the administration of over 870,000 Waqf properties under state-level Waqf Boards. Although issues like mismanagement, encroachments, and undervaluation plague both Waqf and Debutter assets, legislative attention has been disproportionately focused on Waqf properties. This selective focus raises concerns about majoritarian bias, as it appears to shield Hindu institutions from equivalent scrutiny. The article ultimately argues for equitable and secular governance that holds all religious endowments to the same standards of transparency, accountability, and reform, warning that the current approach may be influenced more by communal politics than by genuine administrative concerns.
If CoC-under-IBC is the King, is Justice Just a Ritual?
The article critically examines the Indian judiciary’s handling of the DHFL insolvency case under the Insolvency and Bankruptcy Code (IBC), questioning whether justice is becoming a mere formality. It highlights the overarching dominance of the Committee of Creditors (CoC) in the insolvency resolution process, where their decisions are treated as final with minimal judicial scrutiny. This unchecked supremacy, the article argues, has allegedly led courts—including the Supreme Court—to endorse CoC decisions without thorough examination, thereby reducing judicial oversight to a ritualistic procedure. A major concern is the exclusion of the Wadhawan family from the Corporate Insolvency Resolution Process (CIRP), despite their offer to repay the entire debt, and the opaque handling of their final settlement proposal, which was not shared with Fixed Deposit and Non-Convertible Debenture holders who held considerable voting power. The piece further raises serious questions about potential biases within the CoC, particularly the preference shown toward a specific bidder, and criticizes the judiciary for failing to probe these allegations effectively. Ultimately, it calls for greater judicial accountability and intervention to uphold justice, transparency, and fairness, especially in high-stakes financial cases affecting a wide spectrum of stakeholders.
Once in a Blue Moon Academia 