Once in a Blue Moon Academia (OBMA)

 FAQ: Why is the Supreme Court Delaying its Final Verdict on the DHFL “Scam” (?) Cases? FAQ: Why is the Supreme Court Delaying its Final Verdict on the DHFL “Scam” (?) Cases? Posted on 25th February, 2025 (GMT 17:00 hrs) ABSTRACT The Supreme Court’s delay in delivering a final verdict on the DHFL scam cases stems from multiple complications. These include legal confusion due to the merger of PCHFL with Piramal, and concerns over judicial bias favoring the BJP and its alleged connections to the scam. Additionally, the CBI’s closure report, absolving the Wadhawan brothers of criminal charges, further complicates the matter. The victims of the scam are left waiting, with accusations of cronyism impacting the delay in justice.  In this post, we will focus on a significant concern echoed by nearly all the DHFL victims regarding the current “legal” status of the DHFL “scam” cases.  Frequently Asked Question (FAQ):  What is causing the apex court to take so long to del...

  The DHFL “Scam”: A Simulated Hoax? The DHFL “Scam”: A Simulated Hoax? Posted on 23rd February, 2025 (GMT 12:55 hrs) ABSTRACT The article critiques the DHFL “scam,” suggesting it was a fabricated or simulated hoax. It argues that the DHFL resolution process pre-figuratively favoured Mr. Ajay Piramal as the winning bidder, excluded the Wadhawan brothers from participating in the CIRP presenting their settlement proposals, and neglected FD and NCD holders’ interests. The piece highlights a CBI closure report from January 2025 that found lack of conclusive evidence of wrongdoing by the Wadhawans, questioning the legitimacy of the Insolvency and Bankruptcy Code (IBC) application in the context of the DHFL and implying crony political motives behind the “cooking up” of the scandal. Ultimately, it portrays the situation as financially devastating to innocent common stakeholders to enrich the superrich. Who hasn’t heard about “hoaxes”? Who hasn’t heard of nation-states, corporate gr...

  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...