Landmark Victory in the DHFL Chronicle: A New Ray of Hope for the Victims
Landmark Victory in the DHFL Chronicle: A New Ray of Hope for the Victims Posted on 15th August, 2025 (GMT 13:15 hrs) ABSTRACT On 31 July 2025, the Chandigarh State Consumer Commission delivered a landmark ruling in the DHFL scam, holding Catalyst Trusteeship, CARE Ratings, and Brickwork Ratings liable for negligence and ordering them to compensate an investor—marking the first time market gatekeepers, not just the defaulter, were held accountable. This breakthrough offers all DHFL victims a second path to justice beyond the Insolvency and Bankruptcy Code, empowering them to pursue trustees, rating agencies, and other enablers. Once in a Blue Moon Academia (OBMA) has long called for such accountability, urging victims to unite, gather evidence, sign petitions, and build a sustained public movement to turn this precedent into systemic change. What Happened? For years, DHFL’s collapse has been a bitter wound for lakhs of small investors. People who put their hard-earned saving...