Once in a Blue Moon Academia (OBMA)

  ‘Educate, Agitate, Organize!’: OBMA Video Report-IV ‘Educate, Agitate, Organize!’: OBMA Video Report-IV Posted on 20th June, 2024 (GMT 13:54 hrs) ‘Educate, Agitate, Organize!’:#OBMAVideoReport Transcript Transcript An Appeal to the DHFL Victims Dear DHFL Victims, After going through this entire collage by deploying your  sravana, manana  and nididhyasana  (listening-internalizing-deeply contemplating),  we have a few things to say to you on which you must reflect upon. We, the DHFL victims, the helpless small depositors of the first NBFC to enter the problematic zone of the IBC, are now standing in front (or inside? The demarcating fine line has been obliterated) of the huge gates of the  Arun Jaitley Stadium , refurnished and refurbished using tax-payers’ money to suit the BJP’s dirty politics of spectacle. The stadium appears to our sufferers’ gaze as the huge metaphorical experimenting lab of the then Finance Minister, as part of a crony mach...

S Scrap Ill-conceived Insolvency and Bankruptcy Code (IBC), 2016! Scrap Ill-conceived Insolvency and Bankruptcy Code (IBC), 2016! Posted on 14th June, 2024 (GMT 21:06 hrs) Updated on 15th June, 2024 (GMT 17:17 hrs) Compiled by  Partyless Society⤡  &  Occupy Dalal Street⤡ I. Introduction This compilation concentrates on a special act introduced by the Modi Sarkar 1.0, viz., the  Insolvency and Bankruptcy Code (2016) or IBC, 2016 , a brainchild of the then Finance Minister, Mr. Arun Jaitley. Here, in this article, we are going to discuss the drawbacks, flaws, setbacks and amendments of this Code by analyzing its eight-year long history. The authors of this compilation or collage will try to understand the sufferers’ painstaking existence due to the elusive implementation of the said Code. India had numerous acts before the advent of the IBC, which are similar in character, all of which were aimed to punish the defaulters. Those acts include: the Indian Contrac...