Posted on 27/11/2023 (GMT It is surprised to note that the name of Dawood Ibrahim is tagged with the name of Mahua Moitra, a Trinamool Congress MP, by the BJP MP Nishikant Dubey in the context of “Cash for query”⤡ issue. As reported by the Telegraph Online⤡ (As reported on 25.11.23), that Mr. Dubey “…Continue reading “Physician Heal Thyself: BJP-Dawood-DHFL Collusion and Mahua Moitra”
Author Archives: Once In A Blue Moon Academia
Ajay Piramal: The Owner of The Erstwhile DHFL: Really So?
The article “Ajay Piramal: The Owner of The Erstwhile DHFL: Really So?” critically examines the legitimacy of Ajay Piramal’s claim to ownership of Dewan Housing Finance Corporation Limited (DHFL). Despite approvals from the Reserve Bank of India, the Committee of Creditors, the National Company Law Tribunal, and the Competition Commission of India, the article argues that these endorsements are contingent upon the accuracy of information provided by the acquirer. The author contends that the acquisition remains sub judice, with several legal challenges pending in higher courts, rendering Piramal’s claim to ownership legally questionable. The piece draws an analogy to a hypothetical scenario where an individual acquires property through contested approvals, emphasizing the legal uncertainties surrounding Piramal’s acquisition of DHFL. Furthermore, the article questions the legitimacy of Piramal’s actions, suggesting potential violations of tort law and contempt of court.
Requesting for Reconsidering the Decision of Readmission by includig prārabdha and sañcita Credits
Posted on 25/11/2023 (GMT 07:00 hrs) To The Honourable Chairman, University Grants Commission (UGC) To The Honourable Vice Chancellor, Indira Gandhi National Open University (IGNOU) Sub: Requesting for Reconsidering the Decision of Readmission by Reconsidering prārabdha and sañcita Credits Dear Sirs, As a wilful prodigal person in academiocracy (market-based academic bureaucracy) and a veteran researchContinue reading “Requesting for Reconsidering the Decision of Readmission by includig prārabdha and sañcita Credits”
Fixed Deposits: Insecurely Secure? A Letter to the Finance Minister and RBI Governor
The article is a letter to the Finance Minister and RBI Governor, urging them to issue a statutory warning for Fixed Deposits (FDs), Recurring Deposits (RDs), and Non-Convertible Debentures (NCDs) due to their “unsecured” nature, which many investors are unaware of. The letter highlights the risks, citing the Dewan Housing Finance Corporation Limited (DHFL) case where many investors lost significant amounts. It calls for greater transparency and public awareness regarding the true risks associated with these financial products.
Was DHFL the NBFC under the RBI?
Posted on 20/11/2023 (GMT 07:52 hrs) I. RETROPECTION Long ago in 2021, OBMA had approached the National Housing Bank (NHB) by asking about the future fate of the public depositors after the corporate insolvency resolution process (CIRP) of the DHFL. NHB replied the following: II. RTI ON THE REGULATORY BODY OF THE DHFL On 21stContinue reading “Was DHFL the NBFC under the RBI?”
Begging to Mr. Ajay Piramal for Free Nixit Lozenges to Quit Smoking: a request from a Chain Smoker DHFL Victim
The article “Begging to Mr. Ajay Piramal for Free Nixit Lozenges to Quit Smoking: A Request from a Chain Smoking DHFL Victim” (15 November 2023) employs satirical irony to critique the systemic injustices faced by small investors in the Dewan Housing Finance Corporation Limited (DHFL) case. Addressed to Ajay Piramal, the letter portrays the author’s transformation into a chain smoker and substance abuser as a direct consequence of the financial distress caused by the DHFL resolution process. The author requests free Nixit lozenges, a smoking cessation product manufactured by Piramal Pharma, highlighting the absurdity of seeking aid from the very entity responsible for their plight. This rhetorical strategy underscores the perceived hypocrisy and moral bankruptcy of the corporate and regulatory systems involved. The piece serves as a poignant commentary on the human cost of corporate malfeasance and the failure of institutions to protect vulnerable investors.
Mass Appeals To The Hon’ble CJI Through Snail Mail and Email
Posted on 14/11/2023 (GMT 07:45 hrs) Updated on 16/11/2023 (GMT 08:50 hrs) THIS IS TO REQUEST ALL THE DHFL FD AND NCD HOLDERS TO SEND THE FOLLOWING LETTER TO THE HONOURABLE CHIEF JUSTICE OF INDIA, JUSTICE DY CHANDRACHUD, WITH NECESSARY MODIFICATIONS/EXTENSIONS AS PER YOUR CHOICE. THIS LETTER COULD BE SENT VIA EMAIL, VIA SNAIL MAILContinue reading “Mass Appeals To The Hon’ble CJI Through Snail Mail and Email”
“SmoKING Kills”: The Paradoxes of Contemporaneity
Posted on 13/11/2023 (GMT 17:35 hrs) Abstract The narrative follows the format of stream of consciousness or internal dialogic reflectivity in order to present an existentialist theme of a chain smoker’s world-construction, specifically in relation to the business of politics as well as the politics of business in the realm of burnout society. The storyContinue reading ““SmoKING Kills”: The Paradoxes of Contemporaneity”
Urging for the Hastened Resolution of the Cases Related to the DHFL: a Letter to the Hon’ble CJI
Posted on 10/11/2023 (GMT 09:02 hrs) To The Honourable Chief Justice of India, Supreme Court of India Tilak Marg, New Delhi – 110001 Sub: Urging for the Hastened Resolution of the Cases related to the Dewan Housing Finance Corporation Limited (DHFL) Dear Sir, First of all, I am much obliged to you for playing aContinue reading “Urging for the Hastened Resolution of the Cases Related to the DHFL: a Letter to the Hon’ble CJI”
Tale of a Guinea Pig Colony
Posted on 03/11/2023 (GMT 08:40 hrs) Once upon a time there was a king named Mr. Bovine, who was assisted by his minister Bovine (we will call him Bovine 2) to run the Kingdom of “Walden”. Their group was further aided by two rich merchants: Mr. Ass with another Mr. Ass (we will call himContinue reading “Tale of a Guinea Pig Colony”
