The trial of Mr. Paramavaiṣṇava—known as Mr. “P,” a high-profile business tycoon with alleged government ties—begins on a foggy morning in a dimly lit New Delhi courtroom. Accused of insider trading, environmental violations, contempts of court in the DHFL scam, and political cronyism as a whole, he faces intense scrutiny. At the outset, Mr. P swears on the Bhagavad Gītā, portraying himself as a philanthropic figure. The prosecution challenges this, arguing that his religious rhetoric masks unethical practices. Citing multiple legal violations, the prosecutor even references the Gītā to question Mr. P’s credibility. The courtroom drama intensifies with allegations of political favouritism, corporate maneuvering to evade accountability, and undue political influence. As pressure mounts, Mr. P lashes out, declaring India’s justice system unfit and hinting at fleeing abroad. The session ends chaotically when he collapses, forcing an adjournment, while his defense lawyer mysteriously vanishes. Beyond the legal battle, the trial serves as a broader critique of systemic corruption, judicial bias, and the misuse of religious imagery to shield corporate misconduct.
Category Archives: Activities
Our current activities concentrate on the case of Dewan Housing Finance Corporation Limited (DHFL), India. While exploring and investigating this particular case, we have found that India’s crony ruling party, gangsters, banksters as well as religious gurus and institutions are involved in the same. Therefore, to break such collusion, we have decided to deploy an “all out attack” on the existing paradigm of neoliberal market economy as well as market fundamentalism. ***DISCLAIMER: We have collected all the data from available sources on the internet as given on the official portals of media houses, websites and institutions and organizations. We are not first-hand reporters and hence, we are not liable for any inadvertent error or value-loaded statements made on those portals. All propositions have to be viewed as descriptive assertions on the given point of concern.***
Piramal Bound: The DHFL Gordian Knot (Movie)
The Movie deals with CBI’s 2025 clean chit for the Wadhawans, which perhaps changes the ongoing trajectory of justice in favour of the DHFL victims, who are still suffering financial ruin under the IBC’s brutal promise for “reform.” The CoC, acting as judge, jury, and executioner, sacrificed lakhs while BJP backed crony corporate profiteers like Ajay Piramal, whose empire thrives amid a number of scandals. DHFL, through mergers, became a ghost—existing simultaneously as PCHFL, and/or PEL…. yet erased. Will Piramal’s illusion hold? Can justice prevail? The fight isn’t over—history proves ghosts never die.
The DHFL Scam: An Absence That Exists
The article critiques the handling of the DHFL scam, highlighting how FD and NCD holders remain uncompensated despite the CBI clearing the Wadhawan brothers. It condemns the IBC process, RBI-led CoC, and BJP’s indifference, alleging that Ajay Piramal, now controlling DHFL, benefited through political ties. The merger of DHFL into PEL creates legal ambiguities, leaving victims in limbo. Key questions remain: Will Piramal sustain this paradox? Can Wadhawans reclaim DHFL? Will victims ever get justice? The saga reflects systemic failures and corporate overreach.
DHFL “Scam”? Unmasking Truths Behind BJP’s Political Vendettas
The article examines the closure of the CBI case against DHFL and its erstwhile directors regarding fraudulent home loan accounts, highlighting insufficient evidence to prove criminal conspiracy. Despite allegations of money laundering through fake accounts, the CBI investigation didn’t uncover any conclusive proof. The article also questions the extant political motivations behind DHFL’s forced bankruptcy and explores the broader implications of corporate fraud investigations in India’s political landscape by bringing in parallel instances of consummating political vendetta through the manipulation of governmental agencies such as the CBI, ED and IT Department by the present ruling party of India.
Down the Memory Lane: Netaji Bose and the Condition of Contemporary Indian Armed Forces
The blog post titled “Down the Memory Lane: Netaji Bose and the Condition of Contemporary Indian Armed Forces” commemorates Netaji Subhas Chandra Bose’s relentless struggle for India’s independence, particularly through the Azad Hind Fauj (Indian National Army) and the Naval Revolt, which significantly contributed to India’s political liberation. It highlights Netaji’s vision of unifying the British and Indian armies by fostering a collective sense of belonging, supported by mass mobilization.
The article then reflects on current issues facing the Indian Armed Forces, including:
Simulated surgical strikes and the sacrifice of army personnel for political gains.
Failing cartographies along the Line of Control (LOC) and Line of Actual Control (LAC).
Lack of basic amenities for lower-ranked personnel, including the absence of pensions and long-term security.
Criticism of the Agnipath scheme, describing it as reducing the army to “utilizable war machines.”
Concerns over the Indian Air Force Group Insurance Society’s funds being affected by the DHFL Scam, leaving widows of retired officials in distress.
Drawing inspiration from Netaji Bose, the post envisions an Indian Republic progressing towards a secular socialist federation, free from the constraints of crony oligarchical fascism imposed by the current politico-economic regime.
For further reading, the post provides links to previous articles discussing discontent within the Indian Armed Forces, the government’s lack of concern for military personnel, and detailed accounts of the Indian Air Force’s financial issues related to the DHFL Scam.
A Reflexive Question-Answer Session on the DHFL Scam
The article “A Reflexive Question-Answer Session on the DHFL Scam” critically analyzes the events leading to DHFL’s bankruptcy proceedings. The Wadhawan brothers, DHFL’s leaders, maintained in mid-2019 that the company had sufficient cash flows and faced only temporary liquidity issues, despite credit rating agencies downgrading its AAA rating. It distinguishes between insolvency (inability to meet financial obligations) and bankruptcy (a legal declaration) and questions the legitimacy of invoking the Insolvency and Bankruptcy Code in late 2019. The proceedings, initiated by the Bombay High Court after Reliance Nippon Life Insurance’s petition, are portrayed as potentially unjustified, with undue blame placed on DHFL’s management and questionable roles played by the legal system and credit agencies. It further reflects on Mr. Ajay Piramal’s role in the alleged “adverse possession” of the DHFL by citing key verdicts and events in this connection. It also addresses a few miscellaneous questions that deal with debt capitalism and the installation of black sheep to disorganize or destabilize the DHFL movement.
Hitting the Economic Hitmen At the Time of Global Heating
The article discusses the role of economic hitmen, as outlined by John Perkins, Eric Toussaint and other theorists, in manipulating developing nations for financial gain. These individuals exploit countries through excessive loans, leading to debt traps and policies favoring multinational corporations. The piece connects these actions to global economic institutions like the World Bank, IMF, and WTO, highlighting their influence in shaping neo-colonial economic systems. It also examines India’s neoliberal policies since the 1990s, citing key figures who facilitated these strategies.
DHFL Scam: Who are Gaining from Such Surgical Strike?
The DHFL scam has caused massive financial losses for thousands of victims while benefiting select groups. Common citizens lost life savings, while influential business figures allegedly profited by acquiring assets cheaply by means of crony political connections. The healthcare sector and legal professionals gained from increased demand for services due to victims’ distress. Media outlets also capitalized on the scandal for coverage. The case raises concerns about systemic failures, lack of accountability, and the exploitation of financial crises for profit by powerful entities, calling for urgent reforms in regulatory oversight.
Frankly Speaking: An Informal Letter to Hon. CJI Sanjiv Khanna Regarding the DHFL Cases
The letter addresses Justice Sanjiv Khanna, urging the Supreme Court to take suo motu cognizance of the DHFL scam. It highlights the suffering of DHFL victims, calling attention to the failures in the resolution process under the Insolvency and Bankruptcy Code (IBC) and the disregard for their human rights. The authors, representing affected families, appeal for justice under Articles 14 and 32 of the Indian Constitution, stressing the need for distributive justice to resolve the ongoing crisis.
Haircuts: The Most Unkindest Cut of All! (A Satirical Skit)
The skit humorously explores the absurdity of two different “haircuts”—a financial disaster and a physical one. Y’s father loses his savings due to a bad investment as he narrates the episode to X, while Y follows his guru’s advice to donate all his hair to Lord Venkateswara at Tirupati. The skit critiques crony capitalism, government corruption, and the societal fixation on rituals, blending satire with social commentary as observed through X’s statements. It ends with Y realizing the futility of both haircuts and the systemic failures of the Indian state.
Once in a Blue Moon Academia 