Once in a Blue Moon Academia (OBMA)

  Mr. Kapil Sibal: Defending the Indefensible? Mr. Kapil Sibal: Defending the Indefensible? Posted on 28th September, 2024 (GMT 19:20 hrs) ABSTRACT The article criticizes Kapil Sibal for defending controversial figures like Ajay Piramal in the DHFL scam and the West Bengal government in the R.G. Kar case. It questions Sibal’s ethical stance, given his multiple roles as a politician and lawyer, highlighting contradictions in his actions, which seem to favor the powerful over justice. The piece laments the perceived shift from his earlier values to opportunism, leaving DHFL victims and others disillusioned by his alignment with the rich and politically connected. Dear Mr. Kapil Sibal, We, as long-time admirers and appreciators of your multitasking work, stand today at a peculiar juncture of disturbing reflection and doubt. We had  previously written to you regarding our concerns and sufferings⤡ , but you turned a blind’s eye to our state of  financial abuse⤡   ⤡ , which is truly unbecomi

  Have the RBI and IBBI Lost Their Accountability? An RTI to the CAG, India Have the RBI and IBBI Lost Their Accountability? An RTI to the CAG, India Posted on 24th August, 2024 (GMT 13.30 hrs) ABSTRACT The article discusses an RTI application filed with the Comptroller and Auditor General (CAG) of India, questioning the accountability of the Reserve Bank of India (RBI) and the Insolvency and Bankruptcy Board of India (IBBI). The RTI seeks detailed information on the expenditure and funds reserved for litigation by the Committee of Creditors (CoC) in the Dewan Housing Finance Corporation Limited (DHFL) case. It criticizes the RBI and IBBI for their inability to provide this information, raising concerns about transparency. We filed an RTI application (CAGIN/R/E/24/02309) to the Comptroller and Auditor General (CAG) of India on 24th August, 2024. Given below is the text of the same: Kindly inform me regarding the total expenditure (with break up) in the RBI-appointed Committee of Credit