Posted on 11/09/2023 (GMT 07:20 hrs)
This third live video in the #OBMA_Talks series focuses on the role of the RBI-appointed Committee of Creditors (CoC) for DHFL in the context of the DHFL scam, the biggest financial scam of India. It highlights the transparently opaque nature of the CoC-led resolution process by citing multiple evidence, including the NCLT order (19/05/2021) and NCLAT order (27/01/2022). It questions the efficacy of the RBI, the IBC and the bias of the CoC in favour of Mr. Ajay Piramal.
Related material on the DHFL-CoC can be found here:
Smelling the rat in the DHFL-COC Resolution Process: a letter to the President of India
Please Compose An Obituary For The RBI-Appointed Committee Of Creditors (COC) For The DHFL: A Letter To The President Of India
IBC Section 66 Overlooked by the DHFL-CoC: A Big Conspiracy?
You’re all caught up: RBI-appointed CoC for DHFL
An Open Letter to Two Public Servants: Mr. R Subramaniakumar and Mrs. Charu Sandeep Desai
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