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

Wrestler Vinesh Phogat To Miss World Championships Due To Elbow Injury

In a big blow to India, Asian Games gold medallist Vinesh Phogat was on Sunday ruled out of the World Championship after suffering an elbow injury during practice in Lucknow.

Wrestler Vinesh Phogat To Miss World Championships Due To Elbow Injury

Arjuna Award Is Recognition Of My Hard Work: Paddler Manika Batra

Arjuna Award Is Recognition Of My Hard Work: Paddler Manika Batra
Elated after being among those selected for this year's prestigious Arjuna Award, star paddler Manika Batra on Thursday said it was a recognition to her hard work over the years.

Arjuna Award Is Recognition Of My Hard Work: Paddler Manika Batra

Arpinder Singh, Asian Games Gold Medallist, Eyes Podium Finish At Tokyo Olympics

Arpinder Singh, Asian Games Gold Medallist, Eyes Podium Finish At Tokyo Olympics
Triple jumper and Asian Games gold medallist Arpinder Singh aims for a podium finish at the 2020 Tokyo Olympics after becoming the first Indian to clinch a medal in the IAAF Continental Cup. 

Arpinder Singh, Asian Games Gold Medallist, Eyes Podium Finish At Tokyo Olympics

Arpinder Singh Becomes First Indian To Win A Medal In IAAF Continental Cup

Arpinder Singh Becomes First Indian To Win A Medal In IAAF Continental Cup
Triple jumper Arpinder Singh took home the bronze medal with a modest effort of 16.59m in the IAAF Continental Cup.

Arpinder Singh Becomes First Indian To Win A Medal In IAAF Continental Cup

Sensational Saurabh Smashes Junior Record For Gold At ISSF World Championship

Sensational Saurabh Smashes Junior Record For Gold At ISSF World Championship
Saurabh Chaudhary claimed a record-shattering gold in the junior 10m air pistol event but Abhishek Verma missed out on an Olympic quota after finishing eighth in the senior competition of the  ISSF World Championship here on Thursday.

Sensational Saurabh Smashes Junior Record For Gold At ISSF World Championship

Hima Das Downplays Controversial Statement

Star sprinter Hima Das on Tuesday backtracked from her statements against two individuals from Assam whom she had accused of exerting "tremendous pressure" ahead of her flunked 200 metre semi-final at the 2018 Asian Games in Indonesia.

Hima Das Downplays Controversial Statement