You’re all caught up: RBI-appointed CoC for DHFL

#Seize_Cronies_Fairplay_for_DHFL_Victims #Boycott_Piramal #Stop_Piramal_From_Acquiring_DHFL

Once in a Blue Moon Academia

Posed on 04/12/2022

1. Addressed to: Mr. Shaktikanta Das, the Governor, the Reserve Bank of India

Now you are enjoying the advice of four unofficial directors⤡. However, when you were alone, you have blindly passed the Resolution Plan of CoC for the DHFL on 18/02/2021. At that time, why didn’t you see what had been seen by the NCLT first order ⤡ and the NCLAT second order⤡ on the DHFL Scam. We are rephrasing this question as follows:

a) You don’t see any irregularities and anything contrary to law as mentioned by NCLAT Second Order.

“…the said Resolution plan and the minutes of the 18th CoC meeting were contrary to law, illegal and are void…”

NCLAT Second Order (p. 7), 27/01/2022


b) Why didn’t you consider the old promoters’ (in this case, Mr. Kapil Wadhawan’s) right to invoke personal guarantees when his/her company goes insolvent?


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