We have approached the Honourable President of, appealing for the release of all our FDs stuck at DHFL due to the ongoing resolution process under the IBC.
As many of us are pensioners, senior citizens, and persons with medical emergencies as well as ordinary citizens, it is very difficult for us to survive without our savings.
Therefore, we earnestly request the Indian Government to relieve us from such “capital” punishment and repay all our lifetime of hard-earned savings in full by making provision over and above the resolution plan to make good the shortfall.
FD-Holders are not like those super-rich willful defaulters, whose 68k Crore loans were simply waived by the PSU banks(2020). In the case of DHFL, FD-Holders are proposed to be “extinguished” after repaying part of their investments. Is it not a discriminatory decision? FD-holders are not the persons with legal conflict(“criminals”)!
We demand,
• De-club the FD holders from the lenders and financial creditors in the resolution process of the DHFL.
• Repay full amount with interest till date to all the matured FDs.
• Make provision of full repayment to FDs which are yet to be matured.
That is, without being “extinguished”, FD-Holders’ dues are to be treated as “ongoing” concern.
Pl. refer to the following URL for further information: https://onceinabluemoon726729221.wordpress.com/2021/02/04/dhflscam/