The article refutes allegations of collusion between the BJP, Dawood Ibrahim, Iqbal Mirchi, and DHFL, claiming they are politically motivated and intended to tarnish the BJP’s image. It argues that these accusations are unfounded and part of a smear campaign. The author defends the BJP, suggesting that the party has no links to these figures or the alleged financial scandal.
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.***
Smelling the rat in the DHFL-COC Resolution Process: a letter to the President of India
The article titled Smelling the Rat in the DHFL CoC Resolution Process: A Letter to the President of India, published on @Once in a Blue Moon Academia, raises serious concerns about the resolution process of Dewan Housing Finance Corporation Limited (DHFL) under India’s Insolvency and Bankruptcy Code (IBC). The letter criticizes the actions of the Reserve Bank of India (RBI)-appointed Committee of Creditors (CoC) and expresses fears of corruption and mismanagement.
Key issues highlighted include:
Conflict of Interest: The involvement of entities like Piramal Group in the resolution process is questioned, suggesting possible bias due to previous business relationships with DHFL and political connections. There are allegations that the process might have been manipulated to favor certain bidders over others, potentially harming the interests of the common creditors.
Lack of Transparency: The article underscores a lack of transparency and accountability in the actions of the CoC, with allegations of a “transparently opaque” process that could lead to the unjust treatment of stakeholders, especially the small depositors and public sector banks.
The letter calls for an intervention by the President of India to ensure a fair and transparent resolution process, protecting the rights and interests of all affected parties. The concerns raised reflect broader apprehensions about the integrity of the insolvency resolution framework in India, particularly in high-profile cases like DHFL.
AN OPEN LETTER TO HIS HOLINESS, POPE FRANCIS, SERVUS SERVORUM DEI, REGARDING HALTING OF PHILANTHROPIC ACTIVITIES OF SOME OF THE CATHOLIC MISSIONS DUE TO THE DHFL SCAM
Posted on 17/03/2021 To His Holiness Pope Francis, Apostolic Palace, 00120 Vatican City This open letter is Dedicated to Graham Stuart Staines, a revered Christian Missionary, who along with his two sons, Philip (aged 10) and Timothy (aged 6), was burnt to death (23rd January, 1999) in India by members of a Hindu fundamentalist group namedContinue reading “AN OPEN LETTER TO HIS HOLINESS, POPE FRANCIS, SERVUS SERVORUM DEI, REGARDING HALTING OF PHILANTHROPIC ACTIVITIES OF SOME OF THE CATHOLIC MISSIONS DUE TO THE DHFL SCAM”
Reliance On The Sanctity Of Audited Balance Sheet And Safeguarding The Country’s Financial Ecosystem: A Letter To The President, ICAI
Posted on 14/03/2021 To The President, Institute of Chartered Accountants, India ICAI Bhawan, Indraprastha Marg Post Box no: 7100 New Delhi – 110 002 Sub: Reliance on the Sanctity of Audited Balance Sheet and safeguarding the Country’s Financial Ecosystem Dear Sir/Madam, It is redundant to state to you that the sections 224, 225 and 226 of theContinue reading “Reliance On The Sanctity Of Audited Balance Sheet And Safeguarding The Country’s Financial Ecosystem: A Letter To The President, ICAI”
An Appeal For Intervention For Some Of The Charitable Institutes Hit By The DHFL Scam: Letters To The Ambassadors Of France, Germany, Great Britain And Switzerland To India
Posted on 14/03/2021 Sub: An appeal for intervention for the charitable institutes hit by the DHFL Scam Dear Sir/Madam, This is to request you to kindly look into the following matter: DHFL SCAM AT A GLANCE VIEW HERE ⤡ Due to this scam, the following societies are deprived of their financial dues and they cannot tithe to theContinue reading “An Appeal For Intervention For Some Of The Charitable Institutes Hit By The DHFL Scam: Letters To The Ambassadors Of France, Germany, Great Britain And Switzerland To India”
THE CONDITION OF THE DHFL FD and NCD HOLDERS: PART I
Sufferings of the DHFL FD and NCD Holders due to simulated (?) scam
Releasing of FDs stuck at DHFL on the basis of humanitarian Corporate Social Responsibility (03.04.2020)
Last year, in April 2020, we wrote to all the bidders about our miserable condition. Did they lend their ears to our concerns??? Is it a ruthless world of profit, profit, profit………??? To Ajay Piramal, Chairman, Piramal Group, 4th Floor, Piramal Tower Annexe, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013 Sub: Releasing of FDs stuck at DHFL on the basis of humanitarianContinue reading “Releasing of FDs stuck at DHFL on the basis of humanitarian Corporate Social Responsibility (03.04.2020)”
ATTACK ALL-OUT BY MAINTAINING अहिंसा
This article, published by Once in a Blue Moon Academia (OBMA), advocates for a non-violent, all-out resistance against systemic financial and ecological injustices, drawing inspiration from Gandhian principles of ahimsa (non-violence). It critiques the devastating impact of crony capitalism, specifically focusing on the Dewan Housing Finance Corporation Limited (DHFL) scam, which defrauded small investors through alleged corporate and political collusion. The article calls for collective action to challenge regulatory failures and corporate greed, emphasizing OBMA’s commitment to interdisciplinary activism and civil disobedience. By invoking ahimsa as a strategic tool, it parallels historical non-violent movements like those led by Mahatma Gandhi, urging stakeholders to resist oppression while upholding ethical integrity. The piece also outlines OBMA’s broader mission to address ecological crises and promote social equity, positioning non-violence as a powerful means to achieve systemic reform.
Requesting for achieving पुरुषार्थ for the deprived DHFL FD Holders by releasing the अर्थ: a letter to the Hon’ble President of India
Posted on 25/02/2021 To The Honourable President, Republic of India, Rashtrapati Bhavan, New Delhi- 110004 Sub: Requesting for achieving पुरुषार्थ for the deprived Dewan Housing Finance Corporation Limited (DHFL) FD Holders by releasing the अर्थ Respected Ācarya, We, the DHFL FD-holders, wish to humbly put you, the revered Ācarya, two questions in connection with our two earlier letters addressedContinue reading “Requesting for achieving पुरुषार्थ for the deprived DHFL FD Holders by releasing the अर्थ: a letter to the Hon’ble President of India”
A plea to Mr. Parakala Prabhakar and Mrs. Nirmala Sitharaman for a free and just society on behalf of the DHFL FD Holders
To Mr. Parakala Prabhakar, Former Communications Adviser, Government of Andhra Pradesh Sub: A plea for a free and just society on behalf of the DHFL FD Holders Dear Mr. పరకాల ప్రభాకర్ Parakala Prabhakar, Hope you and your family are maintaining good health in the midst of (a) anthropogenic glocal (=global+local) heating and (b) worldwide proliferation of fascist forces clubbed with market fundamentalism,Continue reading “A plea to Mr. Parakala Prabhakar and Mrs. Nirmala Sitharaman for a free and just society on behalf of the DHFL FD Holders”
Once in a Blue Moon Academia 