Posted on 06/04/2023 (GMT o4:20 hrs) The optimist (O) and the pessimist (P)– both of them are victims of financial abuse caused by huge haircut as prescribed by the resolution plan presented by Mr. Ajay Piramal in the case of the DHFL Scam. Let’s hear their conversation on this issue. P: We will never getContinue reading “A Conversation between a Pessimist and an Optimist on the DHFL Scam”
Pleasure of “The Trial”: a letter to PCHFL’s Legal Advocates
The article is framed as an open letter addressed to the legal advocates of Piramal Capital and Housing Finance Limited (PCHFL), specifically targeting DSK Legal, who issued a legal notice to the authors. Written in a satirical and defiant tone, it responds to PCHFL’s attempts to silence the authors’ online criticism regarding the company’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). The authors mock the legal threats, expressing “pleasure” at the prospect of a trial, which they see as an opportunity to expose alleged misconduct by PCHFL and its chairman, Ajay Piramal, in court. They challenge the accusations of defamation, arguing that their dissent—part of a broader “web-based civil disobedience movement”—is a legitimate exercise of free speech against crony capitalism. The letter also critiques the legal notice’s claims of reputational and financial damage as exaggerated, suggesting that PCHFL’s actions reflect a fear of transparency rather than a genuine grievance.
Loud Voices Made the Deaf Hear: Piramal CHFL’s legal action against the cyber-dissenters
The article discusses Piramal Capital and Housing Finance Limited’s (PCHFL) legal actions against online critics, particularly in response to dissent over the Dewan Housing Finance Corporation Limited (DHFL) acquisition. It highlights how PCHFL, under Ajay Piramal’s leadership, issued legal notices to silence “cyber-dissenters” who accused the company of misconduct in the DHFL resolution process. The piece frames this as part of a broader “web-based non-violent civil disobedience movement” against crony capitalism in India, led by the authors who had previously added “Controversies” sections to Wikipedia pages about Ajay Piramal and his companies. These additions were removed, which the authors attribute to suppression efforts. The article also references a specific legal notice from DSK Legal, Piramal’s counsel, targeting the authors for alleged defamation, claiming their online content caused reputational and financial harm. The authors argue that such legal moves reflect an attempt to stifle free speech and dissent, drawing parallels to historical resistance against oppression.
Revealing the controversies about the Piramal Group: Additions on Wikipedia
Posted on 26/03/2023 (IST 22:15 hrs) Updated on 23rd November, 2025 (GMT 06:26 hrs) We have added a new section, “Controversies” on the Wikipedia pages of (a) Ajay Piramal, (b)Piramal Realty and (c)Piramal Capital and Housing Finance Limited. It is part of our web-based non-violent civil disobedience movement against the plutocratic, crony-capitalist regime in contemporaryContinue reading “Revealing the controversies about the Piramal Group: Additions on Wikipedia”
Mritkaal (Hindi)
Posted on 23/03/2023 (IST 21:25 hrs) Translated version of English agitprop Mritkaal (The Era of Pharmakon) Translated by: Atreyee Dutta Roy A skit/Agitprop Dedicated to the DHFL victims Naatkiye paatr Ek auraat: Ek bharatiya sena ke shaheed ki muslim vidva aur DHFL ghotaley ki shikaar. Chaddi: Sattaroodh Bhagwa Party/Hindutvavadin ke sadasye ya karyakarta. Liberandu: EkContinue reading “Mritkaal (Hindi)”
Why is Mr. Ajay Piramal hiding himself from the socialization process?
Posted on 15/03/2023 (IST 23:40 hrs) Updated on 17/03/2023 (IST 00:20 hrs)
Topsy-Turvy Indian Governmentality: The Curious Case of the DHFL Scam
Posted on 12/03/2023 (IST 23:58 hrs) Updated on 18/03/2023 (IST 12:40 hrs) Here are some posters on the DHFL scam that throw light on its ambiguities, ambivalences, contradictions, irregularities, illegalities, void spaces and above all, the tale of politically motivated transformation of an ongoing, solvent, profitable company to an insolvent, bankrupt company. Though the formerContinue reading “Topsy-Turvy Indian Governmentality: The Curious Case of the DHFL Scam”
BJP’s Match fixing: helping Piramal CHFL to win the game at the cost of FD and NCD Holders of the DHFL: a letter to Mr. Tejashwi Prasad Yadav
Posted on 11/03/2023 To Mr. Tejashwi Prasad Yadav, The Honourable Deputy Chief Minister, The Government of Bihar And The Honourable Chairperson, Rashtriya Janata Dal (RJD) Sub: BJP’s Match fixing: helping Piramal CHFL to win the game at the cost of FD and NCD Holders of the DHFL Dear Mr. Yadav, At the onset, before goingContinue reading “BJP’s Match fixing: helping Piramal CHFL to win the game at the cost of FD and NCD Holders of the DHFL: a letter to Mr. Tejashwi Prasad Yadav”
If SARFAESI (2002) is there, why fluid IBC (2016) is applied to the DHFL?
Posted on 10/03/2023 (IST 01:46) Updated on 14/03/2023 (IST 00:55) When we first viewed the acronym “SARFAESI”, we mistook it as “Sarfaroshi”, i.e., revolution. We may have to take recourse to Freudian psychoanalysis in order to interpret our (mis-)perception. In association to this, We recall the song written by Bismil Azimabadi and immortalized by theContinue reading “If SARFAESI (2002) is there, why fluid IBC (2016) is applied to the DHFL?”
DO WE NEED A ROBIN HOOD TO ENRICH THE INDIAN HAVE-NOTS?
Posted on 09/03/2023 One fine morning, an idea came into our minds that the loots of Indian wealth can be stopped by following a peculiar “Robin Hood approach” (henceforth RHA). Before revealing the RHA, we have to point out the money-laundering cases by the fugitives, the burden of external plus internal debt, political donations, terror-fundingContinue reading “DO WE NEED A ROBIN HOOD TO ENRICH THE INDIAN HAVE-NOTS?”
