Close X
Wednesday, December 4, 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

Jays-Mania Strikes Toronto Sports Fans, Accustomed To Defeat But Now Dreaming Big

Jays-Mania Strikes Toronto Sports Fans, Accustomed To Defeat But Now Dreaming Big
he Toronto Blue Jays have clinched the American League East division title, making a post-season play for another World Series title while thrilling a city of terminally despondent sports fans and baseball enthusiasts nationwide.

Jays-Mania Strikes Toronto Sports Fans, Accustomed To Defeat But Now Dreaming Big

B.C. Lions QB Travis Lulay Removed From 6-game Injured List, Cleared To Practise

The B.C. Lions announced Tuesday that quarterback Travis Lulay has been removed from the team's six-game injured list, enabling him to practise this week.

B.C. Lions QB Travis Lulay Removed From 6-game Injured List, Cleared To Practise

Brendan Gaunce Giving His Coach Plenty To Think About

Brendan Gaunce Giving His Coach Plenty To Think About
Gaunce opened the scoring for the Canucks in a 4-3 pre-season loss to the Calgary Flames on Saturday.

Brendan Gaunce Giving His Coach Plenty To Think About

Penalty Drama: Villa Scores Winner In Stoppage Time As NYCFC Stuns Whitecaps 2-1

Penalty Drama: Villa Scores Winner In Stoppage Time As NYCFC Stuns Whitecaps 2-1
Villa scored a penalty deep in stoppage time after Vancouver captain Pedro Morales tied the game on another penalty in the 88th minute as New York City downed the Whitecaps 2-1 in an edge-of-your-seat encounter.

Penalty Drama: Villa Scores Winner In Stoppage Time As NYCFC Stuns Whitecaps 2-1

Minor hockey dynamo - Kabir Gill

Minor hockey dynamo - Kabir Gill

It is hard to believe that Kabir Gill is just 14 years old. The young ice hockey star,who was dra...

Minor hockey dynamo - Kabir Gill

'Guys That You've Watched Growing Up': Whitecaps Ready To Face NYCFC's Big 3

VANCOUVER — The Vancouver Whitecaps know they can't afford to get caught star-gazing this weekend.

'Guys That You've Watched Growing Up': Whitecaps Ready To Face NYCFC's Big 3