Posts

The 23.08% Illusion? DHFL Scam and the IBC’s Presumed Finality

Image
  The 23.08% Illusion? DHFL Scam and the IBC’s Presumed Finality Posted on 10th April, 2026 (GMT 06:44 hrs) ABSTRACT This article examines a senior DHFL fixed deposit holder’s grievance against the 23.08% recovery under the Piramal resolution plan. In Purvapaksha, Mr. Ravindra Mahidhar, the senior citizen FD Holder in question, argues that using the December 2019 cut-off instead of the 29 September 2021 payment date shortchanged him, recalculating his claim at ₹3,28,117 (versus the admitted ₹2,79,137) and receiving only 19.64% instead of 23.08%. Uttarpaksha rebuts that under IBC rules, claims are fixed at the Insolvency Commencement Date, the payment matches the approved plan, and the Supreme Court (2025) upheld it as binding and final. Apoha then probes the deeper paradox: while the individual claim fails if IBC is accepted as legitimate, questioning the IBC’s core as an ill-conceived and incoherent law reveals structural contradictions — particularly between Section 32A’s cl...

Predetermined “Democracy”: Why the 2026 West Bengal Assembly Election Stands Rigged—and Must Be Boycotted!

Image
  Predetermined “Democracy”: Why the 2026 West Bengal Assembly Election Stands Rigged—and Must Be Boycotted! Posted on 8th April, 2026 (GMT 02:15 hrs) Compiled by  Partyless Society⤡ a group of “andolanjeevis”, “urban naxals”, “tukde tukde gang”, “sickular”, “liberandu”, “anti-national/deshdrohi” etc. etc. etc. : all the epithets stamped upon the democratic dissenters by the fascist BJP regime! ABSTRACT Ahead of the 2026 West Bengal Assembly elections, nearly 91 lakh voters — almost one in eight — have been deleted through the Special Intensive Revision (SIR), with independent reports showing Muslims disproportionately targeted in opposition strongholds, mirroring a nationwide BJP playbook of communal disenfranchisement. This purge is compounded by engineered bogus additions via bulk Form-6 applications, money-muscle power including pre-poll cash and freebies distribution, and opaque EVM vulnerabilities, all allegedly enabled by a captured Election Commission and passive ...