The letter appeals to former Attorney General Mukul Rohatgi, urging him to support Dewan Housing Finance Corporation Limited (DHFL) fixed deposit (FD) holders. It highlights the violation of their human rights under the United Nations Guiding Principles on Business and Human Rights. The authors argue that DHFL investors, unlike willful defaulters, face unjust “capital punishment” by losing their investments and call for remedies. The letter draws on human rights principles and the need for regulatory accountability by India’s Reserve Bank.
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.***
AN URGENT APPEAL TO THE PRESIDENT OF INDIA: FIXED DEPOSIT HOLDERS OF DHFL (01. 04. 2020)
ToThe Honourable President,Republic of India,Rashtrapati Bhavan,New Delhi- 110004 Sub: an appeal from distressed Fixed Deposit Holders of Dewan Housing Finance Corporation Limited (DHFL) at the time of COVID-19 Pandemic Respected Sir, We, the FD holders as well as our relatives and friends, earnestly request you to help us recover the hard-earned money invested at theContinue reading “AN URGENT APPEAL TO THE PRESIDENT OF INDIA: FIXED DEPOSIT HOLDERS OF DHFL (01. 04. 2020)”
DHFL SCAM AT A GLANCE: FROM THE PERSPECTIVES OF AILING FD HOLDERS
Posted on February 4, 2021 updated on May 2o, 2024 (GMT 06.00) DHFL SCAM AT A GLANCE: FROM THE PERSPECTIVES OF AILING FD HOLDERS COMPILED BY DEBAPRASAD BANDYOPADHYAY (TO BE UPDATED) I. HISTORY OF THE DHFL SCAM Dewan Housing Finance Corporation Ltd. (henceforth DHFL, established on 11 April 1984) is a deposit-taking housing finance company, headquarteredContinue reading “DHFL SCAM AT A GLANCE: FROM THE PERSPECTIVES OF AILING FD HOLDERS”
Once in a Blue Moon Academia 