Tag Archives: dhflfdholders

Is there any one-to-one correspondence between Bharatiya Janata Party’s increasing assets and abrupt bankruptcies in India?

Posted on 16/10/2023 (GMT 11:10 hrs) I.            INTRODUCTION The article cum compilation introduces a hypothesis standing for a supposed correlation in the political economy of India: rising assets of the current ruling party and the rampant bankruptcies witnessed in the past nine years, i.e., during the regime of the BJP. In order to extend the hypothesis,Continue reading “Is there any one-to-one correspondence between Bharatiya Janata Party’s increasing assets and abrupt bankruptcies in India?”

Get Well Soon: Greetings to Mr. Piramal, DHFL-CoC, DSK Legal and the BJP

The blog post is a sarcastic open letter wishing a speedy recovery to Ajay Piramal, the DHFL Committee of Creditors (CoC), DSK Legal, and the Bharatiya Janata Party (BJP), mocking their alleged roles in a financial scam tied to the acquisition of Dewan Housing Finance Corporation Limited (DHFL) by Piramal Capital and Housing Finance Limited (PCHFL) through what the author claims was an unjust Insolvency and Bankruptcy Code resolution process. It accuses them of colluding in a politically backed scheme that favored Piramal, devastating fixed deposit and NCD holders, and uses biting humor to highlight their supposed moral and legal failings while sarcastically hoping they “heal” from public scrutiny and legal challenges. Referencing the author’s activism against this perceived crony capitalism, it frames their actions as causing widespread distress among DHFL victims, blending irony with a call for accountability and restitution for those affected by the allegedly fraudulent and exploitative resolution.

Stray Thoughts on The Biggest Financial Scam in India: DHFL

Posted on 04/07/2023 (GMT 08:05 hrs) Updated on 04/07/2023 (GMT 15:10 hrs) INTRODUCTION: Has anyone ever heard of the incident of losing FD-holders’ money in the post-independent India? Especially after the nationalization of banks in 1969? However, in the Mo-Shah (Phonetically equivalent to non-vertebrate mosquitoes) regime, we have seen this unprecedented case of non-risky investmentsContinue reading “Stray Thoughts on The Biggest Financial Scam in India: 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”

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”

Legality Of Ajay Piramal’s Actions: A Brief Resume

The article chronologically outlines key controversies involving Ajay Piramal, especially focusing on allegations of insider trading and political influence. In 2016, SEBI found Piramal and Piramal Enterprises guilty of insider trading and fined them ₹6 lakh, but this penalty was later overturned by the Securities Appellate Tribunal in 2019. The piece also highlights Piramal’s controversial acquisition of a firm linked to BJP minister Piyush Goyal in 2018, which raised concerns about a conflict of interest—despite his refusal to clarify the deal and issuing legal threats against journalists . The article implies that these regulatory and media pushbacks were neutralized through political connections, allowing Piramal to avoid substantive repercussions, even though critics likened his position to being “more equal than others.”

Oh Thou His Highness, Keep Your Promise Please! (Video)

This compilation of videos is an attempt to perform an act of subversion by pointing out the uncontradictory contradictions/aporia in the ruling party’s discursive formations by correlating them with their adjoining performance. There is a heaven and hell difference between what they speak and what they do in reality. An appeal is made to the ruling party: they must utilize their astronomical assets for the victims of bankruptcies (viz. DHFL) by following their leader, Hon. PM’s enunciation.