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Showing posts with the label #Scrap_RBI_appointed_COC_for_DHFL

The House of Cards: The DHFL Debacle (MOVIE)

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  The House of Cards: The DHFL Debacle (MOVIE) The House of Cards: The DHFL Debacle (MOVIE) Posted on 3rd January, 2025 (GMT 12:00 hrs) OVERVIEW This agit-prop short film chronicles the origins of the DHFL scam, unraveling the layers of corruption and systemic failures that enabled one of India’s largest financial frauds. It delves into the root causes of the hardships endured by financially abused DHFL victims, exposing the exploitative mechanisms behind the so-called ‘bankruptcy’ and ‘insolvency’ narratives surrounding the AAA-rated NBFC DHFL. The film critically examines the unanswered questions that continue to haunt ordinary citizens, whose hard-earned savings were sacrificed at the altar of crony capitalism, facilitated by a regime deeply intertwined with the super-rich elite and their corporate allies. Yet, amidst the bleak revelations, the film concludes with a glimmer of hope. It envisions the power of collective struggle—a united front spanning both national and glob...

Challenging the IBC: No Shortcuts, No Surrenders! (DIGITAL POSTERS)

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 Challenging the IBC: No Shortcuts, No Surrenders! (DIGITAL POSTERS   Challenging the IBC: No Shortcuts, No Surrenders! (DIGITAL POSTERS) Posted on 29th December, 2024 (GMT 14:20 hrs) ABSTRACT This collage of posters emphasizes the need for unwavering determination in challenging the Insolvency and Bankruptcy Code (IBC) without resorting to compromises or half-measures. It highlights the DHFL case as a crucial battleground, where systemic flaws in the IBC must be exposed to prevent exploitation by powerful corporate players. The message is clear: true justice demands resilience, not convenient shortcuts. The posters are intended to inspire collective action and raise awareness about the broader implications of this struggle. ’Tis the final conflict, Let us unite and tomorrow, The International Solidarity Shall be the human race!  DHFL VICTIMS: THE FINAL BATTLE FOR JUSTICE BEGINS!  Lakhs of small investors of DHFL—FD holders, NCD holders, and ordinary citizens—st...

The “Great” Indian Heist: Exposing the Crony Bloodsuckers

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  The “Great” Indian Heist: Exposing the Crony Bloodsuckers The “Great” Indian Heist: Exposing the Crony Bloodsuckers Posted on 30th December, 2024 (GMT 09:35 hrs) ABSTRACT The article exposes systemic corruption and financial mismanagement in India’s banking sector, highlighting massive loan write-offs totaling ₹12.3 lakh crore over a decade, primarily benefiting corporate defaulters. Despite these write-offs, recoveries remain abysmally low, raising concerns about regulatory oversight and political complicity. The top wilful defaulters owe nearly ₹2 lakh crore, with key figures like Mehul Choksi escaping accountability. The report emphasizes the urgent need for transparency, accountability, and reform to protect public funds from systemic exploitation. This time, we will be starting off with a very recent report that has been released, which leads to certain significant repercussions when it comes to talk about the crumbling state of the present Indian economy under the cron...