The article is an open letter addressed to Ajay Piramal, chairman of Piramal Capital and Housing Finance Limited (PCHFL), and his legal representatives at DSK Legal. Written with a tone of irony and defiance, it continues the authors’ ongoing dispute with PCHFL over legal notices issued in response to their online criticism of the company’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). The authors challenge the defamation claims made against them, asserting that their public statements are part of a broader “web-based non-violent civil disobedience movement” aimed at exposing alleged crony capitalism and corporate misconduct. They sarcastically express a desire to be “defamed” further, implying that PCHFL’s legal actions only amplify their platform and resolve. The letter questions the validity of claims that their content caused significant reputational or financial damage to PCHFL, framing the company’s legal strategy as an attempt to suppress legitimate dissent rather than address the underlying issues raised. The authors appear to welcome the prospect of a legal confrontation, viewing it as an opportunity to further their cause.
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.***
We Need Your Kind Magical Tricks: Save DHFL Victims: a letter to Mr. Ashok Gehlot
To Mr. Ashok Gehlot, The Honourable Chief Minister, The Government of Rajasthan Sub: We Need Your Kind Magical Tricks: Save DHFL Victims Dear Mr. Gehlot,This is to request you to kindly look this matter of grave concern related to the Dewan Housing Finance Corporation Limited (DHFL) Scam: We, the victims of this scam, are earnestly requestingContinue reading “We Need Your Kind Magical Tricks: Save DHFL Victims: a letter to Mr. Ashok Gehlot”
Praying for taking Suo Moto Cognizance for the DHFL Scam Victims: an online petition to the CJI of India
Posted on 15/05/2023 (GMT 08:32 hrs) Updated on 09/11/2023 (GMT 16:20 hrs) An Appeal To All The DHFL Victims उतिष्ठत जग्रत वरान् प्राप्य तत् निबोधत। निशिता क्षुरस्य धारा दुरत्यया दुर्गं तत् पथः इति कवयः वदन्ति ॥ Arise, awake, find out the great ones and learn of them; for sharp as a razor’s edge, hard toContinue reading “Praying for taking Suo Moto Cognizance for the DHFL Scam Victims: an online petition to the CJI of India”
Legality Of Ajay Piramal’s Actions: A Brief Resume
The article chronologically outlines key controversies involving Ajay Piramal, especially focusing on allegations of insider trading and political influence. In 2016, SEBI found Piramal and Piramal Enterprises guilty of insider trading and fined them ₹6 lakh, but this penalty was later overturned by the Securities Appellate Tribunal in 2019. The piece also highlights Piramal’s controversial acquisition of a firm linked to BJP minister Piyush Goyal in 2018, which raised concerns about a conflict of interest—despite his refusal to clarify the deal and issuing legal threats against journalists . The article implies that these regulatory and media pushbacks were neutralized through political connections, allowing Piramal to avoid substantive repercussions, even though critics likened his position to being “more equal than others.”
The Psychoanalysis of a Crony Billionaire: Ajay Piramal
Posted on 05/05/2023 (GMT 11:30 hrs) Updated on 21/05/2023 (GMT 15:50 hrs) I. Introduction In continuation to our previous article, WHO IS AJAY PIRAMAL?⤡, this article shows the psychoanalytic analysis of Mr. Ajay Piramal. We have consulted many psychiatrists without mentioning Mr.. Piramal’s name but with the following instances of his deeds. In the PartContinue reading “The Psychoanalysis of a Crony Billionaire: Ajay Piramal”
Oh Thou His Highness, Keep Your Promise Please! (Video)
This compilation of videos is an attempt to perform an act of subversion by pointing out the uncontradictory contradictions/aporia in the ruling party’s discursive formations by correlating them with their adjoining performance. There is a heaven and hell difference between what they speak and what they do in reality. An appeal is made to the ruling party: they must utilize their astronomical assets for the victims of bankruptcies (viz. DHFL) by following their leader, Hon. PM’s enunciation.
Āhlāda or Jouissance due to legal intimidation: follow-up letter to the PCHFL’s Legal Team
The blog post, is a passionate follow-up to earlier appeals regarding the plight of PCHFL (likely Piramal Capital and Housing Finance Limited) fixed deposit holders. It accuses PCHFL’s legal team of using intimidating tactics that cause distress rather than relief (“jouissance”) for small depositors, who are struggling due to the company’s apparent financial mismanagement or delays in addressing their grievances. The letter blends emotional pleas with a critique of corporate accountability, highlighting the ongoing suffering of depositors and the author’s persistent efforts to seek justice, while expressing frustration at the lack of progress despite previous communications.
None Kept One’s Words: Modiji’s Promises
The article critically examines the unfulfilled campaign promises of Indian Prime Minister Narendra Modi. It argues that Modi’s pledges, including creating 2 crore jobs annually, depositing 15 lakh rupees per citizen from recovered black money, doubling farmers’ income, and developing 100 smart cities, have largely failed to materialize, contributing to economic distress and social discontent. Drawing on statistical data and public sentiment, the author accuses the BJP government of relying on divisive Hindu nationalist rhetoric to distract from these failures. The article frames Modi’s leadership as a betrayal of public trust, employing a satirical tone to highlight the gap between grandiose promises and reality, and calls for accountability to address India’s pressing socio-economic challenges.
IBC Section 66 Overlooked by the DHFL-CoC: A Big Conspiracy?
Posted on 23/04/2023 (GMT 11:40 hrs) We think that the following texts speak for themselves. Hope is still not out of the Pandora’s Box for the DHFL Victims: I. 63 MOONS, NCLAT AND THE SECTION 66 OF THE IBC In the 63 Moons Technologies Case on the DHFL issue⤡, it stated the following: For moreContinue reading “IBC Section 66 Overlooked by the DHFL-CoC: A Big Conspiracy?”
Attack and Counter-attack: a letter to PCHFL’s Legal Team
The article serves as another open letter directed at Piramal Capital and Housing Finance Limited’s (PCHFL) legal representatives, specifically DSK Legal. Written in a confrontational and sarcastic tone, it continues the authors’ defiance against PCHFL’s legal efforts to suppress their online criticism of the company’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). The piece frames PCHFL’s legal notice as an “attack” on free speech and positions the authors’ response as a “counter-attack” in their ongoing “web-based non-violent civil disobedience movement” against alleged crony capitalism. They challenge the defamation claims, arguing that their public accusations—linking PCHFL and Ajay Piramal to misconduct—are grounded in a demand for accountability, not malice. The authors express eagerness for a legal battle, viewing it as a chance to escalate their dissent and expose what they see as corporate overreach, while dismissing the legal threats as an attempt to intimidate rather than address the substance of their critique.
