Once in a Blue Moon Academia (OBMA)

 You’re all caught up: RBI-appointed CoC for DHFL Posted on 04/12/2022 Updated on 09/12/2022 1 .  Addressed to:  Mr. Shaktikanta Das, the Governor, the Reserve Bank of India Now you are enjoying the  advice of four unofficial directors⤡ . However, when you were alone, you have blindly passed the Resolution Plan of CoC for the DHFL on 18/02/2021. At that time, why didn’t you see what had been seen by the  NCLT first order ⤡   and the  NCLAT second order⤡  on the DHFL Scam. We are rephrasing this question as follows: a)  You don’t see any irregularities and anything contrary to law as mentioned by NCLAT Second Order. “…the said Resolution plan and the minutes of the 18th CoC meeting were contrary to law, illegal and are void…” NCLAT Second Order (p. 7), 27/01/2022 Furthermore, b)  Why didn’t you consider the old promoters’ (in this case, Mr. Kapil Wadhawan’s) right to invoke personal guarantees when his/her company goes insolvent? Bankrupt...

 Complaint against the alleged frauds by the RBI-appointed CoC for DHFL: letters to the SFIO Posted on 08/03/2023 Updated on 09/03/2023  (IST 00:03 hrs) LETTER 1: To  The Director, The Serious Fraud Investigation Office (SFIO) Sub: Complaint against the alleged frauds by the RBI-appointed CoC for DHFL Dear Sir/Madam,  This is for your kind attention regarding the RBI-appointed Committee of Creditors (CoC) for the Dewan Housing Finance Corporation Limited (DHFL), which was constituted in November 2019. Throughout the time of 19 consecutive CoC meetings (by spoiling public money), we, the FD and NCD Holders of the DHFL, had felt uncomfortable about certain issues.  Those questions might be negligible but those points trigger a larger issue of fraudulent behaviour on the part of the CoC for DHFL. Therefore, we, the aggrieved DHFL victims, wrote our hunches to the concerned authorities.  The letters are given as follows: SMELLING THE RAT IN THE DHFL-C...