Once in a Blue Moon Academia (OBMA)

  The “Clean Slate” That Was Engineered: How IBC’s Section 32A Enabled the DHFL–Piramal Takeover Posted on 24th February, 2026 (GMT 06:25 hrs) An Independent OBMA Investigative Exposé ABSTRACT The DHFL insolvency resolution, culminating in its acquisition by Piramal Capital and Housing Finance (now Piramal Finance) and the February 2, 2026, Mumbai PMLA Special Court discharge from a ₹5,050 crore money-laundering case under Section 32A of the Insolvency and Bankruptcy Code (IBC), exemplifies alleged systemic flaws in India’s insolvency framework. This “clean slate” immunity extinguished corporate criminal liability for pre-CIRP offences while preserving prosecution against former promoters like the Wadhawan brothers, despite their ignored full-repayment proposals. Critics portray the process—marked by retrospective Section 32A insertion in December 2019 just before DHFL’s CIRP admission, Ajay Piramal’s January 2019 “shock” prediction preceding the Cobrapost exposé, massive cred...

  Resist Fear, Defend Freedom: Stop SLAPPs, Stop Surveillance Posted on 16th August, 2025 (GMT 03:45 hrs) ABSTRACT This video exposes how India’s democracy is under siege through SLAPPs (Strategic Lawsuits Against Public Participation), draconian laws like UAPA, and unchecked digital surveillance. From the DHFL scam victims fighting corporate–state collusion, to students, journalists, and whistleblowers imprisoned or silenced, the message is clear: truth-telling has been criminalized. Drawing from Tagore’s vision of a fearless India, the video demands strong anti-SLAPP protections, accountability in surveillance, and safeguards for free speech — reminding us that defending dissent is defending the Constitution itself. “Where the mind is without fear and the head is held high… Where knowledge is free… Where words come out from the depth of truth…” — Rabindranath Tagore These words, written over a century ago, imagined an India where truth could be spoken without fear. Today, th...