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.***

Defending the Victims: Challenging the ‘Capital’ Punishment Imposed on DHFL Stakeholders

This collage of posters, slogans, and imagery encapsulates the ongoing narrative of the DHFL Scam (2019–present), allegedly orchestrated by the ruling BJP in collusion with corporate tycoon Ajay Piramal (secondary kin of Mukesh Ambani), elements of the shadow economy, and religious figures. Each poster highlights pivotal events, legal nuances, and systemic gaps that have surfaced over the last five years.

We hope that as the Supreme Court of India hears the DHFL Scam cases, these materials act as a catalyst for web-based advocacy, galvanizing mass mobilization against those responsible.

The Paramavaiṣṇava At Stake: Unwinding Piramal, “Thy Name is Controversy!”

The article exposes Ajay Piramal’s controversies, particularly his alleged misconduct during DHFL’s acquisition, insider trading accusations, environmental violations, and BJP-linked political shielding. It highlights whistleblower claims of financial harm from discounted loans post-DHFL acquisition and critiques SEBI’s impartiality, suggesting regulatory bias favoring crony capitalism. Broader issues, including the Adani-Hindenburg dispute and SEBI’s lack of transparency, underscore governance concerns. The piece questions the role of watchdogs and judiciary in India’s oligarchic system while advocating vigilance against corporate-political collusion.

The Gujarat Gavelkind: Being Parochial, Being Partisan?

This blog post from OBMA critiques the BJP’s alleged “Gujarat-centric” favouritism, discussing the state’s influence in judicial and economic matters, especially in cases like the DHFL scam involving prominent Gujaratis in positions of judicial authority. It points to instances of Gujarat singlehandedly predominating the list of superrich Wilful Defaulters, Gujarati Companies donating astronomical figures through the opaque electoral bonds, tax benefits specific to Gujarat’s Hindu Undivided Families (HUF) system, and recent investment redirections that seems to prioritize Gujarat at the expense of other states. The post argues that these practices uses politically filtered terminologies such as “Gujarat Model” and “Gujarat Pride” to favour Gujarat’s elites, thereby aligning with BJP’s broader Hindutva and crony corporatist agendas, raising concerns over equitable and inclusive governance in India.

Who’s Who: SGI Tushar Mehta and the DHFL Scam

The article explores Solicitor General Tushar Mehta’s alleged political bias and involvement in high-profile legal cases, including defending Ajay Piramal and the RBI-appointed CoC in the DHFL scam. It highlights Mehta’s longstanding connections with BJP figures, casting doubt on his impartiality. The DHFL case involved significant financial misconduct, and Mehta’s defense emphasizes creditor rights while ignoring alleged malpractices. The piece critiques Mehta’s selective justice approach, advocating for public pressure to uphold constitutional principles and unbiased judiciary practices.

Dear DHFL Scam Victims, Know Thy Judge: Hon. Justice S. C. Sharma

The article discusses Justice S.C. Sharma’s role in cases affecting DHFL scam victims. It highlights his recent rulings, such as denying bail to DHFL’s Wadhawan brothers and opposing Aligarh Muslim University’s minority status, suggesting this stance might overlook the context of minority protections. Sharma’s past judgments in favor of vulnerable groups, including the physically challenged and marginalized, offer some hope for fair treatment of DHFL victims. The piece questions if his rulings can stay unbiased amid potential political pressures.

Adios, Mr. Chandrachud!

The article bids farewell to Chief Justice D.Y. Chandrachud, critiquing his tenure and decisions. It argues that he used judicial power to align with the political establishment rather than uphold independence and democratic rights. The piece highlights controversial rulings, his handling of specific cases, and contrasts Chandrachud’s image of a progressive judge with decisions allegedly detrimental to free speech and public welfare. It concludes with concern over the court’s trajectory under his leadership, questioning his legacy and the judiciary’s role in upholding democratic principles.

DHFL Victims, Know Your Judge: Hon. Justice Bela M. Trivedi

The OBMA article provides an overview of Justice Bela M. Trivedi, currently presiding over the DHFL case in India’s Supreme Court. It highlights her judicial background, significant rulings, and perceived alignment with the ruling government, sparking concerns over her impartiality. The article details past controversial case assignments and suggests a pattern of favoring government interests, raising doubts about her stance on justice for DHFL victims amid allegations of corporate and political influence.

Human Rights in India and the DHFL Scam: Knowing through Negations

The article highlights the DHFL scam as a case study in India’s human rights landscape, focusing on the misuse of state mechanisms to silence victims and activists. By examining patterns of harassment, it reveals a troubling trend where dissent against financial misconduct meets state repression. The author argues that this tactic of “knowing through negations” helps illuminate power structures at work in stifling justice. Overall, it’s a critique of how human rights violations often intersect with financial scandals in India.

Do You Want Speedy Justice in Indian Judiciary? Ufff!

The article criticizes delays and inequalities in India’s judicial system, highlighting case backlogs, vacant judicial positions, and alleged biases favoring influential figures. Examples include stalled justice for financial fraud victims and the “culture of adjournments” that worsens case backlogs, with some dating back decades. There are allegations of political interference, judicial corruption, and manipulation in high-profile cases. The article calls for accountability, infrastructure improvements, and a reform of judicial appointments to restore public trust.

CJI Chandrachud: A “Legacy” Mired in Ambivalence(s)

The article critically assesses Chief Justice Chandrachud’s legacy, emphasizing its contradictions. While he is praised for apparently being “progressive”, his tenure is also marred by decisions that seem to align with the present ruling party of India, the BJP. It discusses his ambivalence in upholding the secular constitutional values versus religion-oriented actions that favor the crony oligarchical as well as religious extremist establishment. The piece highlights his complex role in balancing judicial independence with executive influence, casting doubt on the long-term impact of his legacy.