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.***

RELIEVING PHYSICALLY CHALLENGED CHILDREN, DHFL SCAM VICTIMS: A LETTER FROM SOUTH POINT, HOWRAH

To The Hon’ble President, Republic of India, Rashtrapati Bhavan, New Delhi- 110004 Sub:  Relieving physically challenged children, DHFL scam victims त्रयाः प्राजापत्याः प्रजापतौ पितरि ब्रह्मचर्यमूषुः—देवा मनुष्या असुराः; उषित्वा ब्रह्मचर्यं देवा ऊचुः, ब्रवीतु नो भवानिति; तेभ्यो हैतदक्शरमुवाच द इति; व्यज्ञासिष्टा3 इति; व्यज्ञासिष्मेति होचुः, दाम्यतेति न आत्थेति; ओमिति होवाच, व्यज्ञासिष्टेति ॥ १ ॥ अथ हैनं मनुष्या ऊचुः, ब्रवीतु नो भवानिति; तेभ्यो हैतदेवाक्शरमुवाच द इति; व्यज्ञासिष्टा3 इति; व्यज्ञासिष्मेति होचुः, दत्तेति न आत्थेति; ओमिति होवाच, व्यज्ञासिष्टेति ॥ ३ ॥ अथ हैनमसुरा ऊचुः, ब्रवीतु नो भवानिति; तेभ्यो हैतदेवाक्शरमुवाच द इति; व्यज्ञासिष्टा3 इति; व्यज्ञासिष्मेति होचुः, दयध्वमिति न आत्थेति; ओमिति होवाच, व्यज्ञासिष्टेति; तदेतदेवैषा दैवी वागनुवदति स्तनयित्नुर् द द द इति—दाम्यत दत्त दयध्वमिति; तदेतत्त्रयं शिक्शेत्—दमं दानं दयामिति ॥ ३ ॥ –The Bṛhadāraṇyaka Upaniṣad Three classes of Prajāpati’s sons lived a life of continence with their father, Prajāpati —the gods, men and Asuras. The gods, on the completion of their term, said, ‘Please instruct us.’Continue reading “RELIEVING PHYSICALLY CHALLENGED CHILDREN, DHFL SCAM VICTIMS: A LETTER FROM SOUTH POINT, HOWRAH”

Justice For The DHFL Fixed Deposit Holders: a letter to the President of India (06/12/2020)

ToShri Ram Nath KovindHon’ble President of IndiaRashtrapati Bhawan,New Delhi – 110004 Respected Sir, Subject: Sufferings of Fixed Deposit (FD) holders due to IBC Act in the Resolution Process of DHFL We are general public depositors who had invested our savings in Fixed Deposits (FD) of DHFL, a Housing Finance NBFC regulated by the National HousingContinue reading “Justice For The DHFL Fixed Deposit Holders: a letter to the President of India (06/12/2020)”

RELIEF FOR DHFL FD HOLDERS ON THE GROUNDS OF INTERNATIONAL HUMAN RIGHTS (15. 01. 2021)

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.

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”