Close X
Friday, November 29, 2024
ADVT 
Sports

Dhoni files lawsuit against former business partner company, alleges Rs 15 crore fraud

Darpan News Desk IANS, 05 Jan, 2024 12:24 PM
  • Dhoni files lawsuit against former business partner company, alleges Rs 15 crore fraud

Ranchi, Jan 5 (IANS) Cricketer Mahendra Singh Dhoni has filed a lawsuit in the Ranchi court against two officials of Aarka Sports and Management Limited, accusing them of fraud amounting to over Rs 15 crore.

The case has been filed against Mihir Diwakar and Soumya Vishwas.

Dhoni had entered into an agreement with this company in 2017 regarding the establishment of a global-level cricket academy.

When the company failed to adhere to the terms of the agreement, Dhoni issued several notices, but receiving no response, he terminated the rights granted to the company from his side.

As per the agreement made between both the parties in 2017 for running the cricket academy, Aarka Sports was obligated to pay a franchise fee and share profits with Dhoni as per the agreement's terms, which were allegedly not honoured.

According to Dayanand Singh, representing Dhoni through Vidhi Associates, Aarka Sports did not adhere to these terms, causing significant financial loss to Dhoni.

Due to the non-compliance with the terms, Dhoni had sent a notice to Aarka Sports on August 15, 2021, and subsequently, the rights granted to the company were revoked.

Dhoni also sent several legal notices, but to no avail.

Meanwhile, Dhoni's friend Simant Lohani a.k.a Chittu, has also filed a complaint, alleging that he was threatened by Mihir Diwakar after they took legal action against Aarka Sports.

Photo courtesy of Instagram (@M S Dhoni)

MORE Sports ARTICLES

India Demolish Pakistan 5-1, Move To Second Spot In Azlan Shah Cup, Move To Second Spot

India Demolish Pakistan 5-1, Move To Second Spot In Azlan Shah Cup, Move To Second Spot
Forward S.V. Sunil scored two crucial goals as India's hockey team outclassed traditional rivals Pakistan 5-1 to move to the second spot in the Sultan Azlan Shah Cup here on Tuesday.

India Demolish Pakistan 5-1, Move To Second Spot In Azlan Shah Cup, Move To Second Spot

EU To Weigh Visa Measures Against Canada, U.S., Brunei

BRUSSELS — European Union nations and lawmakers have been told to hold urgent talks on how to respond to the failure of Canada, the U.S. and Brunei to extend visa rights to citizens of all 28 member states.

EU To Weigh Visa Measures Against Canada, U.S., Brunei

Canucks Captain Henrik Sedin: Club Needs 'To Get Younger Before We Get Better'

Canucks Captain Henrik Sedin: Club Needs 'To Get Younger Before We Get Better'
This disappointment feels different to Henrik Sedin.

Canucks Captain Henrik Sedin: Club Needs 'To Get Younger Before We Get Better'

Vancouver Canucks Beat Edmonton Oilers 4-3 In A Shootout To Close Out Season

Vancouver Canucks Beat Edmonton Oilers 4-3 In A Shootout To Close Out Season
VANCOUVER — If this was Alexandre Burrows' last game for the Vancouver Canucks, he went out on his own terms.

Vancouver Canucks Beat Edmonton Oilers 4-3 In A Shootout To Close Out Season

India Seek To Reignite Azlan Shah Campaign Against Canada

India Seek To Reignite Azlan Shah Campaign Against Canada
India will need to step up their performance by a couple of notches as they seek to reignite their campaign when they meet Canada in their third match of the Sultan Azlan Shah Cup hockey tournament here on Sunday.

India Seek To Reignite Azlan Shah Campaign Against Canada

Three B.C. First Nations Buy Parcel Of Prime Vancouver Real Estate

Three B.C. First Nations Buy Parcel Of Prime Vancouver Real Estate
The Musqueam, Squamish and Tsleil-Waututh nations bought the 15.7-hectare parcel known as the Jericho lands for $480 million.

Three B.C. First Nations Buy Parcel Of Prime Vancouver Real Estate