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

Mary Kom Influenced Us, Say Pakistani Women Boxers On The Verge Of Scripting History

Mary Kom Influenced Us, Say Pakistani Women Boxers On The Verge Of Scripting History
The three pugilists credited the biographical sports film on five-time world champion and Indian boxing icon Mary Kom as the biggest influence which has inspired them to take up a career in boxing.

Mary Kom Influenced Us, Say Pakistani Women Boxers On The Verge Of Scripting History

Canucks Recall Defenceman Yannick Weber, Centre Alex Friesen From AHL Comets

Canucks Recall Defenceman Yannick Weber, Centre Alex Friesen From AHL Comets
  The team announced the moves Wednesday night.

Canucks Recall Defenceman Yannick Weber, Centre Alex Friesen From AHL Comets

Travis Lulay Ok With Playing Second Fiddle To Jonathon Jennings For B.C. Lions

Travis Lulay Ok With Playing Second Fiddle To Jonathon Jennings For B.C. Lions
After five years as the B.C. Lions' undisputed No. 1 quarterback, there was no doubt the torch had been passed to Jonathon Jennings.

Travis Lulay Ok With Playing Second Fiddle To Jonathon Jennings For B.C. Lions

Whitecaps Head Coach Carl Robinson Not Afraid To Make Difficult Choices

VANCOUVER — Carl Robinson showed early in his head coaching career that he won't shy away from tough decisions.

Whitecaps Head Coach Carl Robinson Not Afraid To Make Difficult Choices

B.C. Lions Re-Sign Kick-Returner Chris Rainey To Two-year Contract

B.C. Lions Re-Sign Kick-Returner Chris Rainey To Two-year Contract
The Lions announced the deal prior to the CFL free agent deadline of noon ET.

B.C. Lions Re-Sign Kick-Returner Chris Rainey To Two-year Contract

Vancouver Whitecaps Sign 2016 First-Round Pick Cole Seiler

Vancouver Whitecaps Sign 2016 First-Round Pick Cole Seiler
Vancouver took the centre back with the 16th selection in last month's MLS SuperDraft.

Vancouver Whitecaps Sign 2016 First-Round Pick Cole Seiler