Close X
Friday, November 22, 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

Hockey legend Charanjit Singh passes away at 92

Hockey legend Charanjit Singh passes away at 92
The Arjuna Award winner was part of India's glorious days. A charismatic halfback, Charanjit Singh had led the Indian team to a historic gold medal in the 1964 Tokyo Olympics, beating Pakistan in the final and was also part of the Indian team that won silver in the 1960 Olympic Games in Rome.

Hockey legend Charanjit Singh passes away at 92

Superfan Nav Bhatia forced to miss first ever Toronto Raptors home game tonight

Superfan Nav Bhatia forced to miss first ever Toronto Raptors home game tonight
For the first time ever after 26 years The Toronto Raptors SuperFan Nav Bhatia is missing his favorite team's game. He won't be seen on the sidelines of the court cheering them on at tonight's home game. He expressed how heartbroken he is in a Instagram post. 

Superfan Nav Bhatia forced to miss first ever Toronto Raptors home game tonight

Beyond the Field: Are our youth safe in sports organizations?

Beyond the Field: Are our youth safe in sports organizations?
While the organization has reiterated "deepest apologies" for its failure to promptly respond in 2010, justice delayed is justice denied. With such news gracing the headlines, the fate of our youth in our community sports organizations comes to mind.

Beyond the Field: Are our youth safe in sports organizations?

Students teaming up with BC Lions to end racism in schools

Students teaming up with BC Lions to end racism in schools
The BC Lions Football Club has partnered with the Provincial Government, alongside presenting sponsors Beedie and RBC, and supporting sponsors Westland Insurance and Snowcrest to implement a program built around four pillars.    

Students teaming up with BC Lions to end racism in schools

T20 World Cup: The return of Ashwin was a real positive, says Virat Kohli

T20 World Cup: The return of Ashwin was a real positive, says Virat Kohli
Ashwin scalped two wickets on his return to the side. He got his first T20I wicket since 2016 by trapping Naib plumb lbw in front and then he dismissed Najibullah Zadran.

T20 World Cup: The return of Ashwin was a real positive, says Virat Kohli

Parents can help hold sports organizations accountable on sexual abuse, say experts

Parents can help hold sports organizations accountable on sexual abuse, say experts
North Vancouver native Kyle Beach has come forward as one of the accusers at the centre of an investigation into how senior leaders of the NHL team mishandled sexual assault allegations against an assistant coach.

Parents can help hold sports organizations accountable on sexual abuse, say experts