The article examines the ongoing conflict between Piramal Capital and Housing Finance Limited (PCHFL) and critics, including the authors, who oppose the company’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). Written in a serious and analytical tone, it questions the legitimacy of PCHFL’s defamation claims against the authors for their online criticism, which highlights alleged misconduct in the DHFL resolution process. The authors argue that the true victims are the DHFL stakeholders—creditors, depositors, and investors—who suffered financial losses, rather than PCHFL or its chairman, Ajay Piramal, who they accuse of benefiting from an opaque and unfair takeover. The piece positions the authors’ dissent as part of a “web-based civil disobedience movement” against crony capitalism, asserting that PCHFL’s legal notices, issued via DSK Legal, aim to silence accountability rather than address the grievances of those affected. It challenges the narrative of reputational harm to PCHFL, suggesting that the company’s actions, not the critics’, warrant scrutiny, and frames the legal battle as a distraction from the broader injustice faced by DHFL victims.
Stifling the Freedom of Expression: the Fourth and Fifth Pillars of Indian Demo(n)crazy
Posted on 15/06/2023 (GMT 06:00 hrs) With the proliferation of hyper-sexuality, anyone who views pornographic content know the word “VPN”, i.e., Virtual Private Network, along with the “Incognito” Tab on every browser. One can see or access anything by means of these. Even they can use expensive apps or software to view these so-called “banned/blocked”Continue reading “Stifling the Freedom of Expression: the Fourth and Fifth Pillars of Indian Demo(n)crazy”
Ajay Piramal: How Many Times Are You Seeking “Blanket” Stay Orders?
This article critically examines Ajay Piramal, portraying him as a hypocritical “Paramavaiṣṇava” (a non-violent Vaishnava devotee) who acts as an “Eco-Terrorist” by exploiting and damaging natural and financial ecosystems. It highlights his alleged dual personality, contrasting his philanthropic image with violent environmental violations and financial manipulations. Two key instances are discussed: (1) Piramal Enterprises’ pollution of groundwater in Telangana, fined by the National Green Tribunal (NGT), where a partial stay order was misinterpreted as a “blanket” one; and (2) his Supreme Court stay on the NCLAT’s 2022 ruling invalidating his acquisition of DHFL as illegal and irregular. The piece accuses Piramal of repeatedly seeking stay orders to evade accountability, links his actions to cronyism with figures like Mukesh Ambani, and references his wife’s alleged illegal tree chopping. It positions these as part of broader critiques in prior articles, emphasizing the suffering of human and non-human victims while questioning the ethics of wealth concentration in India.
Piramal’s “(Il)legal” Operations Not Found On Wiki
Posted on 13/06/2023 (GMT 10:00 hrs) Updated on 23rd November, 2025 (GMT 06:30 hrs) An account of Mr. Ajay Piramal’s (il)legal possession of the DHFL with reference to his previous (mis-)deeds: https://www.slideshare.net/AkharBandyopadhyay/piramals-illegal-operationspptx-258395496 For a comprehensive overview and analysis of Ajay Piramal’s purported controversies and shortcomings throughout his business career, please refer to the following:
HELP PROTECT DHFL FD & NCD HOLDERS : An Avaaz Petition to the CJI, India
Posted on 12/06/2023 (GMT 03:29 hrs) PLEASE SIGN BELOW: HELP PROTECT DHFL FD & NCD HOLDERS: An Avaaz Petition to the CJI, India VIEW HERE ⤡ PETITION TEXT 1. Billionaire cum alleged insider trader Ajay Piramal (CBE), the secondary kin of Mr. Mukesh Ambani, declared: Prepare for two major shocks in the NBFCContinue reading “HELP PROTECT DHFL FD & NCD HOLDERS : An Avaaz Petition to the CJI, India”
The Lightning Should Have Fallen on Me: the Story of an Insignificant Indian
Posted on 10/06/2023 (GMT 10:30 hrs) ## PLACE: INDIA, A WOUNDED CIVILIZATION ⤡ DATE: xx/xx/2023 AUTHOR: A moribund intellectual of a decadent society ## As I flipped through the worn-out pages of Ghalib’s shayaris, I stumbled upon this particular piece: Alternative Translation of the Shayari: In the cage, telling me the events of the garden,Continue reading “The Lightning Should Have Fallen on Me: the Story of an Insignificant Indian”
An Old Sinner? the deeds of a paramavaiṣṇava, Ajay Piramal
Posted on 06/06/2023 (GMT 16:45 hrs) DISCLAIMER: The allegations and claims outlined in this article are subject to ongoing judicial review and investigation, with many issues remaining sub judice. Readers should refrain from forming definitive conclusions due to the absence of conclusive evidence. OBMA has always mindfully used cautious and legally accurate language, employing terms suchContinue reading “An Old Sinner? the deeds of a paramavaiṣṇava, Ajay Piramal”
The Marathon of Tragedies: whose onus is it?
RECALLING THE MULTIFARIOUS DISASTERS DURING THE MODI REGIME Posted on 05/06/2023 (GMT 17:01 hrs) OBMA deeply mourns the extremely tragic loss of human lives in the catastrophic and horrifying Balasore Train Incident. We do not have enough words to express our deepest grief at this darkest hour in India’s history. Odisha Train Accident Highlights: 288Continue reading “The Marathon of Tragedies: whose onus is it?”
Be Aware of Divisive Forces: UNITY IS STRENGTH
Posted on 03/06/2023 (GMT 02:25 hrs) Updated on 20/09/2023 (GMT 17:20 hrs) VIEW THE VIDEO AS FOLLOWS: संगच्छध्वं संवदध्वंसं वो मनांसि जानताम्देवा भागं यथा पूर्वेसञ्जानाना उपासते || saṃgacchadhwaṃ saṃvadadhwaṃsaṃ vo manāṃsi jānatāmdevā bhāgaṃ yathā pūrvesañjānānā upāsate || May you move in harmony, speak in one voice; let your minds be in agreement; just as theContinue reading “Be Aware of Divisive Forces: UNITY IS STRENGTH”
Adverse Possession of the DHFL by Mr. Ajay Piramal
Posted on 02/06/2023 (GMT 16:52 hrs) Updated on 9th July, 2025 (GMT 18:51 hrs) VIEW THE VIDEO AS FOLLOWS: NEWS TRANSCRIPT Dear Friends, None has noticed a crucial factor in the context of the DHFL scam: the possession of the DHFL by Mr. Ajay Piramal. On the basis of which verdict did Piramal occupy orContinue reading “Adverse Possession of the DHFL by Mr. Ajay Piramal”
