Once in a Blue Moon Academia (OBMA)

  Why Cannot DHFL FD and NCD Holders Approach the International Forum, OHCHR? When Financial Injustice Masquerades as Law: The Piramal–DHFL Case and India’s Constitutional Abdication Published on 10/10.2025 (GMT 21.47) ABSTRACT This article examines the legal and moral impasse faced by Fixed Deposit (FD) and Non-Convertible Debenture (NCD) holders of Dewan Housing Finance Corporation Ltd. (DHFL) in seeking justice through international mechanisms such as the Office of the United Nations High Commissioner for Human Rights (OHCHR). It argues that under Article 5(2)(b) of the Optional Protocol to the International Covenant on Civil and Political Rights (ICCPR) and Rule 96(b) of the OHCHR’s procedural framework, individuals may only appeal to the OHCHR once all domestic remedies have been exhausted. However, in the DHFL–Piramal case, where India’s Supreme Court upheld Ajay Piramal’s contentious resolution plan despite ongoing review petitions, this exhaustion clause becomes a site...

  Occupation Before Finality: How Piramal’s Takeover of DHFL Allegedly Subverted Due Process with BJP’s Institutional Enablement Posted on 15th September, 2025 (GMT 03:10 hrs) ABSTRACT The DHFL insolvency reveals how India’s ill-conceived IBC framework enabled “occupation before finality,” letting Ajay Piramal allegedly seize control despite pending appeals—turning depositors into guinea pigs in a neoliberal lab. Cobrapost exposed DHFL’s links to Dawood Ibrahim and Iqbal Mirchi networks, funnelling BJP donations as terror-financing in the name of political donations, while Piramal’s own Electoral Bonds, PM CARES, and Flashnet ties deepened the crony nexus with the BJP. What emerged was not resolution but reportedly an oligarchic lawfare, where judicial pliancy, executive patronage, and opaque financing converged into a paradigm of selective justice and political capture. DISCLAIMER: This article is intended solely for informational, academic, and public interest purposes. It i...