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

James Neal scores winner late to lift Predators over Canucks 2-1

James Neal scores winner late to lift Predators over Canucks 2-1
Neal scored late in the third period to give the Predators a 2-1 win over the Vancouver Canucks on Tuesday.  

James Neal scores winner late to lift Predators over Canucks 2-1

Canucks Centre Brandon Sutter Set To Return After Missing 33 Games

Canucks Centre Brandon Sutter Set To Return After Missing 33 Games
The 26-year-old centre suffered the abdominal injury in November before undergoing surgery in early December.

Canucks Centre Brandon Sutter Set To Return After Missing 33 Games

Sticking Up For Young LGBTQ Players: Edmonton Oilers Use Rainbow Tape To Show Support

Sticking Up For Young LGBTQ Players: Edmonton Oilers Use Rainbow Tape To Show Support
Players hit the ice at Rexall Place on Sunday for a skills competition with their sticks wrapped in special rainbow-coloured hockey tape.

Sticking Up For Young LGBTQ Players: Edmonton Oilers Use Rainbow Tape To Show Support

Veteran Canadian Offensive Lineman Dean Valli Retires After 10 CFL Season

Veteran Canadian Offensive Lineman Dean Valli Retires After 10 CFL Season
VANCOUVER — Canadian offensive lineman Dean Valli retired Monday after 10 seasons with the B.C. Lions.

Veteran Canadian Offensive Lineman Dean Valli Retires After 10 CFL Season

South Korea Wins First World Cup Bobsled Gold After Tying Switzerland

South Korea Wins First World Cup Bobsled Gold After Tying Switzerland
Yunjong Won and Youngwoo Seo raced to South Korea's first-ever World Cup bobsled gold on Friday night, tying Switzerland's Rico Peter and Thomas Amrhein with a two-run time of one minute 43.41 seconds.

South Korea Wins First World Cup Bobsled Gold After Tying Switzerland

Canada's Kaillie Humphries Set To Compete Again On Track That Made Her Famous

Canada's Kaillie Humphries Set To Compete Again On Track That Made Her Famous
"This was where I set my dreams and goals," said Humphries. "This place has, and will always have, a special place in my heart."

Canada's Kaillie Humphries Set To Compete Again On Track That Made Her Famous