BRIEF SITUATIONAL ANALYSIS OF THE DHFL SCAM (PART II)

Once in a Blue Moon Academia

Posted on 19/05/2022

In continuation with

A Brief Situational Analysis of the DHFL Scam: Proposed Remedies VIEW HERE ⤡

ATTACK ALL-OUT BY MAINTAINING अहिंसा VIEW HERE ⤡

A WHITE PAPER ON THE DEWAN HOUSING FINANCE CORPORATION LTD. (DHFL) VIEW HERE ⤡

we are presenting the following for the benefit of the DHFL victims:

Section-1: Recent Situational Analysis

This is to inform you that the situation is positive and optimistic enough because of the following reasons:

1. NCLAT Second Order (given on 27/01/2022) clearly declared the activities of the DHFL-CoC as being “contrary to law”. This is also at par with the rejected NCLT First order.

2. The Parliamentary Standing Committee has already questioned the legitimacy of the conduct of the CoCs in general. Though promised by the Hon’ble FM, no action has been taken till date to review the conduct of the CoCs.

Standing Committee on Finance raps…

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