Once in a Blue Moon Academia (OBMA)

  A DHFL Victim’s Anonymous Letter — and the YouTube “Dislike” Campaign Posted on 23rd March, 2026 (GMT 03:18 hrs) ABSTRACT This post presents an anonymous testimony from a DHFL depositor, documenting the lived human cost of India’s crony-capitalist financial regime. Through a raw account of loss, dispossession, and psychological distress following the DHFL collapse and subsequent resolution process, the letter foregrounds how institutional decisions, regulatory opacity, and political–corporate entanglements translate into everyday suffering for ordinary citizens. At the same time, it traces a shift from despair to resistance, as the victim transforms personal trauma into acts of digital dissent and collective voice. By reproducing the testimony in both transliterated Hindi and English, this piece seeks not only to archive a voice often erased in financial discourse but also to situate it within broader critiques of the “money-signifier” as a structuring force that shapes visibilit...

  Expose IBC’s Dirty Secret, Resist the Structural Impunity for Cronies! Posted on 21st March, 2026 (GMT 01:55 hrs) ABSTRACT This dossier argues that the Insolvency and Bankruptcy Code, 2016 has evolved from a reform tool into a system of impunity, exemplified by the Dewan Housing Finance Corporation Ltd collapse, where depositors suffered massive losses while Section 32A IBC erased corporate liability for the “new owner” Mr. Ajay Piramal; highlighting repeated amendments and creditor dominance, it calls for repeal—especially of Section 32A in relation to its contradictory relationship to Section 66—and urges non-violent resistance inspired by Gandhiji to restore accountability. I. Executive Summary This dossier advances a rigorous, activist-oriented critique of the Insolvency and Bankruptcy Code, 2016 (IBC), arguing that what was once projected as a techno-solutionist solution to India’s non-performing asset crisis has, in practice, evolved into a juridical architecture of st...