Close X
Wednesday, November 27, 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

World Youth Chess Championship: India Start On A Bright Note

World Youth Chess Championship: Grandmaster R Praggnanandhaa, Woman Candidate Master Mrudul Dehankar and Woman International Master Divya Deshmukh scored emphatic victories in Round 1  

World Youth Chess Championship: India Start On A Bright Note

Sushil Kumar’s World Championship Return After Eight Years Lasts Just One Bout

Veteran Sushil Kumar’s return to the World Championship after eight years lasted just six minutes as he lost his opening bout to Khadzhimurad Gadzhiyev of Azerbaijan here on Friday.    

Sushil Kumar’s World Championship Return After Eight Years Lasts Just One Bout

Dhoni Should Be Going Without Being Pushed Out: Sunil Gavaskar

Dhoni Should Be Going Without Being Pushed Out: Sunil Gavaskar
Former captain and batting legend Sunil Gavaskar believes that time has come for Indian cricket to "look beyond Mahendra Singh Dhoni" and invest in youth going into next year's World T20 in Australia.    

Dhoni Should Be Going Without Being Pushed Out: Sunil Gavaskar

Boxing Worlds: Amit Panghal Becomes First Indian To Enter Final, Manish Kaushik Ends With Bronze

Second seeded Panghal prevailed 3-2 against Kazakhstan’s Saken Bibossinov in the last-four stage.    

Boxing Worlds: Amit Panghal Becomes First Indian To Enter Final, Manish Kaushik Ends With Bronze

This Day, That Year: When Yuvi Created Record

This Day, That Year: When Yuvi Created Record
September 19, 2007, a date which Indian cricket fans can never forget. It was on this very day back when former Indian all-rounder Yuvraj Singh set Kingsmead on fire hitting six sixes in an over bringing the world to its feet.

This Day, That Year: When Yuvi Created Record

Vinesh Phogat Wins Bronze At World C'ships, Secures Olympic Spot

Vinesh Phogat Wins Bronze At World C'ships, Secures Olympic Spot
After becoming the first Indian wrestler to secure an Olympic quota for the 2020 Tokyo Games, Asian Games gold medallist Vinesh Phogat on Wednesday ended her medal drought at Wrestling World Championships by winning a bronze here.

Vinesh Phogat Wins Bronze At World C'ships, Secures Olympic Spot