Adverse Possession of the DHFL by Mr. Ajay Piramal
Adverse Possession of the DHFL by Mr. Ajay Piramal Posted on 02/06/2023 (GMT 16:52 hrs) VIEW THE VIDEO AS FOLLOWS: NEWS TRANSCRIPT Dear Friends, None has noticed a crucial factor in the context of the DHFL scam: the possession of the DHFL by Mr. Ajay Piramal. On the basis of which verdict did Piramal occupy or acquire such a company? Is it on the basis of the NCLT’s verdict on the 7th of June, 2021? But NCLT is the lowest quasi-judicial body? How can Piramal forcefully take hold of the profitable concern without moving through the legal trajectory gradually by crossing the hierarchical gatekeepers one by one? Is this not a case of adverse possession since the DHFL case is still under adjudication in the court of law? Furthermore, the NCLT’s first verdict on 19 th May, 2021, for reconsidering the ex-promoters’ rights was not heeded at all by the DHFL-CoC and by Piramal. He rushed off to the NCLAT without answering the NCLT to get the previous order revoked within a few days. Is this n