Close X
Saturday, November 23, 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

Punjab hockey players to get Rs 2.25 cr each on winning Oly gold

Punjab hockey players to get Rs 2.25 cr each on winning Oly gold
India have finished second in Group A behind Australia in Tokyo and will take on Great Britain in the quarterfinal to be played on Sunday.

Punjab hockey players to get Rs 2.25 cr each on winning Oly gold

Mirabai returns, 'happy to be back amidst so much love'

Mirabai returns, 'happy to be back amidst so much love'
Mirabai was greeted at the Indira Gandhi International Airport, surrounded by security forces. The 26-year-old, with a face shield and mask on her face, was felicitated by the Sports Authority of India (SAI) officials.

Mirabai returns, 'happy to be back amidst so much love'

Olympics: A day when 57 and 13-year-old stood tall on podium

Olympics: A day when 57 and 13-year-old stood tall on podium
While Kuwait's Abdullah Al-Rashidi, who is 57, won a bronze medal in men's skeet event in the shooting competition, 13-year-old Momiji Nishiya became Japan's youngest gold medal winner when she won the women's street skateboarding competition.

Olympics: A day when 57 and 13-year-old stood tall on podium

Olympics: Profligate India lose 2-0 to Germany in women's hockey

Olympics: Profligate India lose 2-0 to Germany in women's hockey
Nike Lorenz (12th minute) scored off a penalty corner in the first quarter and Anne Katarina Schroder (35th minute) scored in the third quarter as Germany won their second successive match after beating Great Britain 2-1 on Sunday.

Olympics: Profligate India lose 2-0 to Germany in women's hockey

Blue Jays approved to play in Canada

Blue Jays approved to play in Canada
The team said in a statement that it will begin playing home games at Rogers Centre again starting July 30 after receiving a so-called National Interest Exemption from the federal government. 

Blue Jays approved to play in Canada

3rd ODI: England beat Pak for 3-0 sweep

3rd ODI: England beat Pak for 3-0 sweep
Vince raced to 102 off 95 deliveries and Gregory struck his 77 of 69 balls as hosts England, chasing Pakistan's challenging score of 331 for seven wickets, reached 332 for seven with two overs to spare.

3rd ODI: England beat Pak for 3-0 sweep