Posted on 25/10/2022 Updated on 15/02/2023 On 24/10/2022, a complaint (Diary No. 17826/IN/2022; Reg. No. 5399/90/0/2022) was filed before the National Human Rights Commission (NHRC), India, by pointing out the curtailment or gross violation of business-related human rights (as guaranteed by the United Nations Guiding Principles under the purview of international law) in the contextContinue reading “FINANCIAL ABUSE OF THE DHFL VICTIMS: A COMPLAINT TO THE NHRC”
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.***
THE CHRONOLOGY OF THE DHFL SCAM
The article outlines the timeline of the DHFL scam, one of India’s largest financial frauds, involving the Wadhawan brothers who allegedly diverted over ₹30,000 crore through shell companies and fraudulent loans, some linked to criminal entities. Despite repeated allegations and forensic audits uncovering fake accounts under government housing schemes, DHFL maintained high credit ratings until it defaulted in 2019. The RBI intervened, and insolvency proceedings followed. Eventually, the Piramal Group acquired DHFL under questionable circumstances, even though competing bids offered more value. Courts upheld the resolution plan, the Wadhawans were given a clean chit in early 2025, but lakhs of depositors remain uncompensated, raising concerns about regulatory lapses, political shielding, and systemic injustice.
An RTI to the Department of Legal Affairs regarding the disputed ownership status of the DHFL
Posted on 20/09/22 Updated on 19/12/2022 We have filed another RTI Application, addressing it to the Department of Legal Affairs, Government of India, by asking the following two questions: 1. Are there any legal cases related to the Dewan Housing Finance Corporation Limited (DHFL) that are still under adjudication or sub judice or are pending?2.Continue reading “An RTI to the Department of Legal Affairs regarding the disputed ownership status of the DHFL”
Requesting for filing a defamation case against the anti-national newspapers regarding the nexus between the underworld and the BJP
The article discusses a request for filing a defamation case against newspapers that published reports alleging a nexus between the BJP and the underworld, including figures like Dawood Ibrahim. The author criticizes the lack of legal action from BJP against these claims, suggesting either truth in the allegations or a failure to protect the party’s reputation. The post also reflects concerns about media freedom and the political landscape in India.
MR. SHAH RUKH KHAN, THE BRAND AMBASSADOR OF DHFL, HAS DECEIVED THE VICTIMS OF THE DHFL SCAM
Posted on 6th August, 2022 Dear All, we have got the following letter from an anonymous person, demanding the arrest and boycott of Mr. Shah Rukh Khan and his films for his passive role in the DHFL Scam. The anonymous person has mentioned our previous letter to the Don, the former Brand Ambassador of theContinue reading “MR. SHAH RUKH KHAN, THE BRAND AMBASSADOR OF DHFL, HAS DECEIVED THE VICTIMS OF THE DHFL SCAM”
EXPOSING PIRAMAL REALTY: KRISHNARAJ RAO
The article “Exposing Piramal Realty: Krishnaraj Rao” highlights several concerns regarding Piramal Realty’s business practices:
One-Sided Agreements: The draft agreements for projects like Piramal Revanta Towers are criticized for being heavily skewed in favor of the developer. These contracts grant PRL Developers Private Limited extensive rights over land development, limiting flat-buyers’ ability to raise objections. Exit clauses are also noted to favor the developer, undermining buyers’ rights.
Environmental Impact: The article labels Mr. Ajay Piramal as an “eco-terrorist,” accusing him of exploiting nature without regard for biodiversity. It references environmental concerns associated with Piramal’s pharmaceutical plant in Digwal, Telangana, and criticizes real estate developments in ecologically sensitive coastal areas like Mumbai, which face risks from climate change and rising sea levels.
Legal and Ethical Issues: The piece suggests that law enforcement and the judiciary may not always protect flat-buyers from exploitation by builders. It mentions that when police mediate between defrauded buyers and builders, resulting agreements often contain loopholes allowing builders to evade accountability. Builders, including Piramal Realty, are accused of proposing out-of-court settlements to avoid civil litigation, which may be ineffective or detrimental to buyers’ interests.
The article includes videos by Krishnaraj Rao and a press conference by Siddarth Jaaju to support these claims.
Why is the Interpol not taking steps against the Indian super-rich willful defaulters listed under the red notice?
Posted on 21/07/2022 Updated on 25/06/2024 (GMT 15:20 hrs) Suppose, hypothetically speaking, I have taken a loan of 2 lakh rupees from a PSU or Private Bank and I have cut a sorry figure to repay the loan. My mortgages would be seized almost immediately and I, a willful defaulter, would be incarcerated. However, inContinue reading “Why is the Interpol not taking steps against the Indian super-rich willful defaulters listed under the red notice?”
Are you pāpayoni or the nimitta kāraṇa for creating carceral society? A Letter to Mr. Ajay Piramal and Mrs. Swati Piramal
Posted on 17th July, 2022 Updated on 18th December, 2022 To Mr. Ajay Piramal, Mrs. Swati Piramal Sub: Are you pāpayoni or the nimitta kāraṇa for creating carceral society? Dear Ajay and Swati Piramal, You are the nimitta kāraṇa (instrumental cause) of the miseries and sufferings of crores of innocent DHFL Victims. You know that it will increase the sale ofContinue reading “Are you pāpayoni or the nimitta kāraṇa for creating carceral society? A Letter to Mr. Ajay Piramal and Mrs. Swati Piramal”
AN OPEN LETTER TO MODIJI: THE HORNS OF THE DEMONETIZATION DILEMMA
Posted on 02/07/2022 Updated on 08/10/22 DEDICATED TO THE HUNDRED+ MARTYRS OF THE DEMONETIZATION INITIATIVE OF THE GOI: THE COLLATERAL DAMAGE FOR A BETTER TOMORROW (?) Dear Modiji, Please tackle the horns of the following dilemmas: 1. Either the demonetization is successful or abrupt bankruptcies have increased post-demonetization; 8 Biggest Bankruptcies in India in theContinue reading “AN OPEN LETTER TO MODIJI: THE HORNS OF THE DEMONETIZATION DILEMMA”
WHO IS RESPONSIBLE FOR THE DECEPTIVE AUDITING OF THE DHFL? AN RTI TO THE CAG OF INDIA
Posted on 29/06/2022 Updated on 29/07/2022 An RTI has been lodged on 29th June, 2022, to the COMPTROLLER AND AUDITOR GENERAL OF INDIA (CAG), the text of which is given as follows: We sent a letter (PDF copy attached as supporting document) addressed to the President of the Institute of Chartered Accountants, India (ICAI), onContinue reading “WHO IS RESPONSIBLE FOR THE DECEPTIVE AUDITING OF THE DHFL? AN RTI TO THE CAG OF INDIA”
Once in a Blue Moon Academia 