Indian Air Force: DHFL Victims and Recent Chronological Events

Once in a Blue Moon Academia

Posted on 12th December, 2021

A Tribute to Late General Bipin Rawat, firstChief of Defence Staff(CDS)

Remembering All the Martyrs of Injustice

In the following, we are arranging some strange events (related to the Indian Military) , which may or may not have one-to-one correspondences or necessary connections.

SECTION-I: SALUTE TO THE INDIAN AIR FORCE FROM THE DHFL FD HOLDERS

a. Indian Air Force’s Group Insurance Society has an exposure of Rs 84 crore in the Dewan Housing Finance Corporation Limited (DHFL) in the form of Fixed Deposits.

VIEW HERE (As reported on 14th November, 2019 ©The Business Standard)

b. Although they, according to the reconsideration of the DHFL-CoC (following the quasi-judicial body NCLT’s suggestions), had a chance to get the full amount of their fixed deposits without any haircuts like other investors, refrained from voting for the same, for the sake of all the other DHFL Victims. Salute…

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