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.***

Who is to be Defamed: Piramal CHFL or the DHFL Victims?

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.

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:

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”

HOW TO MAKE AN ONGOING SOLVENT COMPANY INSOLVENT: DECEPTIVE AUDITING (?) OF THE DHFL

Posted on 02/o6/2023 (GMT 14.20 hrs) Updated on 08/06/2023 (GMT 15:40 hrs) “If Wittgenstein is to be believed, mathematics is a practice, performance of a community. For Wittgenstein, communalism of mathematics is determined by the communities’ convenience and necessity.  In case of Economics, I can write “3 goats= 1 cow or “one apartment= $ 200000”Continue reading “HOW TO MAKE AN ONGOING SOLVENT COMPANY INSOLVENT: DECEPTIVE AUDITING (?) OF THE DHFL”

AN APPEAL TO THE DHFL FD & NCD HOLDERS FROM A CONDEMNED FAMILY

Posted on 30/05/2023 (GMT 18:16 hrs) Updated on 02/09/2023 (GMT 19:03 hrs) ॐ सह नाववतु ।सह नौ भुनक्तु ।सह वीर्यं करवावहै ।तेजस्वि नावधीतमस्तु मा विद्विषावहै ।ॐ शान्तिः शान्तिः शान्तिः ॥ Om, Together may we two Move Together may we two Relish,Together may we perform with VigourMay what has been Studied by us be filled with the Brilliance; May it Not give rise to Hostility.Om Peace, Peace, Peace. Me and my family are really disturbed by some rumours against us. A Bengali manContinue reading “AN APPEAL TO THE DHFL FD & NCD HOLDERS FROM A CONDEMNED FAMILY”

Urging for Justice for the DHFL Scam Victims: letters to the Non-Godi Media

Posted on 28/05/2023 (GMT 06:20 hrs) Sub: Urging for Justice for the DHFL Scam Victims Dear Friend,  The DHFL Scam⤡ ⤡ (the biggest financial scam before the Hindenburg Report on Adani Group) was never covered by the Godi media⤡. This is to kindly request you to pay your heed to this politico-economic issue, masterminded by the ruling party of IndiaContinue reading “Urging for Justice for the DHFL Scam Victims: letters to the Non-Godi Media”

Dear Mr. Piramal and DSK Legal Team, I wanna be a Defamer

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.

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”