Once in a Blue Moon Academia (OBMA)

  We Love You SRK, But You Must Answer for DHFL! Posted on 19th August, 2025 (GMT 03:30 hrs) ABSTRACT This statement calls on Shah Rukh Khan to take accountability for endorsing DHFL between 2015 and 2018, a period when lakhs of small depositors were persuaded to trust the company before its collapse in 2019, which wiped out over thousands of crores of rupees. Citing the Consumer Protection Act, it argues that Khan failed in his duty as a celebrity endorser to exercise due diligence, and demands a public apology, disgorgement of his endorsement fees, penalties under law, and a temporary ban on financial product endorsements. Drawing on his iconic film roles, the appeal frames accountability not as hostility but as an act of love and justice, urging Khan to stand with victims as the true hero he portrays on screen. It ends with a call for public action—signatures, solidarity, and collective pressure for justice. Shah Rukh Khan… the Baazigar, the Badshah, the King of Bollywood, ...

  DHFL Scam and the Death of Public Trust: Time for a Truth and Accountability Commission! Posted on 15th August, 2025 (GMT 07:30 hrs) ABSTRACT This appeal calls for the creation of a Judicial Truth and Accountability Commission to investigate the Supreme Court’s April 1, 2025 verdict on the DHFL insolvency case, which allegedly legitimised a flawed resolution plan favouring corporate interests while wiping out the life savings of lakhs of small investors, including widows, senior citizens, and the differently abled. Citing alleged collusion between regulators, the RBI-appointed CoC, and corporate actors, as well as parallels with electoral manipulation, it frames the case as part of a broader pattern of financial authoritarianism under the NDA regime (2014–ongoing). The Commission is envisioned to audit judicial reasoning, regulatory conduct, and the IBC process, outlaw SLAPP suits, and ensure systemic reforms so that courts and institutions uphold constitutional accountabili...

  Landmark Victory in the DHFL Chronicle: A New Ray of Hope for the Victims Posted on 15th August, 2025 (GMT 13:15 hrs) ABSTRACT On 31 July 2025, the Chandigarh State Consumer Commission delivered a landmark ruling in the DHFL scam, holding Catalyst Trusteeship, CARE Ratings, and Brickwork Ratings liable for negligence and ordering them to compensate an investor—marking the first time market gatekeepers, not just the defaulter, were held accountable. This breakthrough offers all DHFL victims a second path to justice beyond the Insolvency and Bankruptcy Code, empowering them to pursue trustees, rating agencies, and other enablers. Once in a Blue Moon Academia (OBMA) has long called for such accountability, urging victims to unite, gather evidence, sign petitions, and build a sustained public movement to turn this precedent into systemic change. What Happened? For years, DHFL’s collapse has been a bitter wound for lakhs of small investors. People who put their hard-earned saving...

  Justice Beyond Courts: DHFL Scam and the Call to Organize Posted on 14th August, 2025 (GMT 06:48 hrs) ABSTRACT On India’s Political Independence Day, we discuss the strength of social movements and why DHFL scam victims need more than courtrooms to win justice. Learn how to educate, agitate, and organize for real change—and why united action is the only way to hold the “powerful” accountable.   Sign and share the petitions: PETITION 1– SIGN HERE:  https://chng.it/rndVPmFY8z&#8217 ; PETITION 2– SIGN HERE:  https://chng.it/dSwwM2pYNT  PETITION 3– SIGN HERE:  https://chng.it/DCxVVJz8bW  PETITION 4– SIGN HERE:  https://chng.it/9RwFbKMMFp    Read more on Once in a Blue Moon Academia (OBMA):  https://onceinabluemoon2021.in/ Hi everyone. Greetings on this significant day marking India’s political independence from unjust imperialist rule. Today, we’re discussing social movements—what they are, their critical role in achievi...