Close X
Tuesday, November 26, 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

Former Teammate Says It's Hard To See Trevor Linden 'Under The Microscope' With Canucks

Brendan Morrison feels for his old teammate.

Former Teammate Says It's Hard To See Trevor Linden 'Under The Microscope' With Canucks

Wayne Gretzky, Oilers Alumni And Fans Bid Goodbye To Rexall Place

Wayne Gretzky, Oilers Alumni And Fans Bid Goodbye To Rexall Place
Wayne Gretzky stood at centre ice in the building he made famous Wednesday night and saluted the fans.

Wayne Gretzky, Oilers Alumni And Fans Bid Goodbye To Rexall Place

Austin Collie Informs B.C. Lions He Plans To Retire From Football

Austin Collie Informs B.C. Lions He Plans To Retire From Football
The 30-year-old receiver spent his only CFL season with the club in 2015, hauling in 43 receptions for 439 yards and seven touchdowns.

Austin Collie Informs B.C. Lions He Plans To Retire From Football

Hockey Analytics Conference Set To 'expand The Conversation' On Advanced Stats

Hockey Analytics Conference Set To 'expand The Conversation' On Advanced Stats
VANCOUVER — Peter Tingling say he's finally noticing a shift in how the hockey world views advanced statistics. That doesn't mean there isn't still a long way to go.

Hockey Analytics Conference Set To 'expand The Conversation' On Advanced Stats

Whitecaps' Pedro Morales out 'weeks' with injury after limping off against L.A.

VANCOUVER — The Vancouver Whitecaps will be without captain Pedro Morales for a while.

Whitecaps' Pedro Morales out 'weeks' with injury after limping off against L.A.

Thatcher Demko Says He Hasn't Had Contact With Canucks, Expects Discussions This Summer

Thatcher Demko Says He Hasn't Had Contact With Canucks, Expects Discussions This Summer
Thatcher Demko hasn't heard from the Vancouver Canucks during his impressive run to the NCAA's Frozen Four tournament.

Thatcher Demko Says He Hasn't Had Contact With Canucks, Expects Discussions This Summer