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Showing posts with the label #DHFL_SCAM

From Hungry “Thieves” (?) to Quora’s Ban: Victims Fight Crony Capitalism

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From Hungry “Thieves” (?) to Quora’s Ban: Victims Fight Crony Capitalism From Hungry “Thieves” (?) to Quora’s Ban: Victims Fight Crony Capitalism Posted on 22nd May, 2025 (GMT 11:20 hrs) ABSTRACT The article critiques the systemic exploitation of small investors in India through the DHFL scam, alleging that Ajay Piramal acquired DHFL at a major undervaluation via a flawed IBC process that favoured corporate interests over the rights of vulnerable small investors. It accuses political and financial elite, including the BJP and RBI, of enabling this injustice. The piece especially brings to light the recent event of censorship of certain DHFL victims’ voices on Quora, where certain OBMA members were suspended for criticizing the RBI-appointed CoC-led resolution process. Framing the issue as a case of crony capitalism and “financial genocide” (finacide), it calls for justice and accountability. “We ain’t thieves! Just hungry!” The title card, an inscription, reads  “We ain’t thie...

Thanking SCBA and SCAORA for Skipping Justice Bela M. Trivedi’s Farewell: A Stand for Judicial Integrity

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Thanking SCBA and SCAORA for Skipping Justice Bela M. Trivedi’s Farewell: A Stand for Judicial Integrity  Thanking SCBA and SCAORA for Skipping Justice Bela M. Trivedi’s Farewell: A Stand for Judicial Integrity Posted on 18th May, 2025 (GMT 21:26 hrs) ABSTRACT The article expresses gratitude to the Supreme Court Bar Association (SCBA) and the Supreme Court Advocates-on-Record Association (SCAORA) for their decision to forgo the farewell ceremony for Justice Bela M. Trivedi on May 16, 2025, viewing it as a principled stance for judicial integrity. It critiques Justice Trivedi for her rulings perceived to favor the ruling BJP and the executive branch, with particular emphasis on her involvement in the DHFL case. While Chief Justice of India B.R. Gavai conveyed disappointment over the lack of a formal farewell, the article lauds the boycott as a courageous protest against the increasing politicization (or rather, Saffronization) of the judiciary over the past few years and a vita...