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Showing posts from October, 2024

Making the Case for DHFL Victims: A Living Instance of Crony Capitalism

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 Making the Case for DHFL Victims: A Living Instance of Crony Capitalism   Making the Case for DHFL Victims: A Living Instance of Crony Capitalism Posted on 17th October, 2024 (GMT 08:10 hrs) The PowerPoint titled “Making the Case for DHFL Victims” by Once in a Blue Moon Academia (OBMA) presents a compelling analysis of the DHFL scam and its impact on victims. It critically examines the role of Ajay Piramal, highlighting his controversies such as insider trading, environmental violations, and alleged political connections with the ruling BJP. The presentation argues that the victims of the DHFL resolution were treated as “guinea pigs” under India’s ill-conceived Insolvency and Bankruptcy Code, with the courts providing only partial support. Ultimately, it emphasizes that true justice for DHFL victims will depend on political will​ and mass mobilization. MAKING THE CASE FOR DHFL VICTIMS PPT Download Making the Case for DHFL Victims: A Living Instance of Crony Capitalism VIEW HERE ⤡

The Curious “Dangal” of Vinesh Phogat, Nita Ambani and Jay Shah

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 The Curious “Dangal” of Vinesh Phogat, Nita Ambani and Jay Shah The Curious “Dangal” of Vinesh Phogat, Nita Ambani and Jay Shah Posted on 14th October, 2024 (GMT 13:10 hrs) ABSTRACT The article critiques the contemporary influence of Nita Ambani and Jay Shah in Indian sports, highlighting Vinesh Phogat’s unjustified Olympic disqualification and accusing Ambani and Shah of benefiting from nepotism in their respective sports roles. It argues that Ambani and Shah’s powerful positions are unjustified, questioning their qualifications and linking their influence to political patronage from the ruling BJP. The piece also reflects on larger issues of crony capitalism and the state’s protection of oligarchs, framing Phogat’s struggle as part of a broader fight against corruption. VIEW HERE ⤡

Defending Piramal: Ethical Integrity in Peril? A Call for Clarification to Dr. A. M. Singhvi

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 Defending Piramal: Ethical Integrity in Peril? A Call for Clarification to Dr. A. M. Singhvi Defending Piramal: Ethical Integrity in Peril? A Call for Clarification to Dr. A. M. Singhvi Posted on 13th October, 2024 (GMT 14:20 hrs) ABSTRACT The article criticizes Dr. A. M. Singhvi for defending Ajay Piramal, a BJP-allied businessman linked to the DHFL scam, despite Singhvi’s public opposition to the BJP. The piece highlights ethical concerns, accusing Singhvi of compromising his principles for financial gain by defending Piramal, who is involved in insider trading and crony practices. The post urges DHFL victims to engage in civil disobedience on social media, targeting Singhvi and others for their roles in advocating for those who perpetuated the DHFL scandal. I. The Bewilderment: Dr. Singhvi and Mr. Piramal Dear Dr. A. M. Singhvi, We are truly bewildered by your role as the advocate for  Mr. Ajay Piramal⤡  since 2022, a known associate of the BJP—a party you have vocally opposed.  Is

RTI on RTIs: After the Autopsy…

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 RTI on RTIs: After the Autopsy… RTI on RTIs: After the Autopsy… RBI, CAG and IBBI Do Not Know Their Own Records Pertaining to the RBI-Appointed CoC for DHFL under the Ill-Conceived IBC! Posted on 14th October, 2024 (GMT 16:15 hrs) ABSTRACT The post discusses a Right to Information (RTI) application submitted to the Supreme Court of India regarding the accountability of various institutions like the Reserve Bank of India (RBI), Comptroller and Auditor General (CAG), and the Insolvency and Bankruptcy Board (IBBI) in the Dewan Housing Finance Corporation Limited (DHFL) case. It highlights the lack of transparency in RTI responses and issues with governmental portals, raising concerns about possible intentional obstructions and secrecy by the ruling party. The post also reflects on India’s political economy under increasing opacity. We have submitted an RTI Application to the Supreme Court of India on 14th October, 2024, in connection with our earlier series of appeals to be found in the