Once in a Blue Moon Academia (OBMA)

  The DHFL Scam: An Absence That Exists The DHFL Scam: An Absence That Exists Posted on 28th January, 2025 (GMT 10:02 hrs) ABSTRACT The article critiques the handling of the DHFL scam, highlighting how FD and NCD holders remain uncompensated despite the CBI clearing the Wadhawan brothers. It condemns the IBC process, RBI-led CoC, and BJP’s indifference, alleging that Ajay Piramal, now controlling DHFL, benefited through political ties. The merger of DHFL into PEL creates legal ambiguities, leaving victims in limbo. Key questions remain: Will Piramal sustain this paradox? Can Wadhawans reclaim DHFL? Will victims ever get justice? The saga reflects systemic failures and corporate overreach. Despite the CBI’s recent 2025 closure report clean chit to the Wadhawan brothers, the real victims of this saga—the FD and NCD holders—continue to endure their own “capital punishment.” The  Insolvency and Bankruptcy Code (IBC) 2016 , an ill-conceived, costly mechanism, punished not just...

 DHFL “Scam”? Unmasking Truths Behind BJP’s Political Vendettas DHFL “Scam”? Unmasking Truths Behind BJP’s Political Vendettas Posted on 25th January, 2025 (GMT 16:58 hrs) ABSTRACT The article examines the closure of the CBI case against DHFL and its erstwhile directors regarding fraudulent home loan accounts, highlighting insufficient evidence to prove criminal conspiracy. Despite allegations of money laundering through fake accounts, the CBI investigation didn’t uncover any conclusive proof. The article also questions the extant political motivations behind DHFL’s forced bankruptcy and explores the broader implications of corporate fraud investigations in India’s political landscape by bringing in parallel instances of consummating political vendetta through the manipulation of governmental agencies such as the CBI, ED and IT Department by the present ruling party of India. “उन्हें ये फ़िक्र है हर दम नई तर्ज़-ए-जफ़ा क्या है, हमें ये शौक़ है देखें सितम की इंतिहा क्या है!” “On...