Close X
Monday, November 25, 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

Mohammad Hafeez Highest Earning Pakistan Cricketer in 2015-16

Mohammad Hafeez Highest Earning Pakistan Cricketer in 2015-16
Pakistan Cricket Board paid some 46 cricketers around 550 million rupees as their fees and bonuses for all formats of the game. Azhar Ali, Younis Khan and Misbah-ul-Haq were the other top earning players

Mohammad Hafeez Highest Earning Pakistan Cricketer in 2015-16

Australian Streaker Jailed In Sri Lanka For 'Indecent Exposur' In Kandy Test

Australian Streaker Jailed In Sri Lanka For 'Indecent Exposur' In Kandy Test
Naked ground invader was put behind bars for ‘indecent exposure’ and was also handed a fine of 3,000 Sri Lankan rupees for being intoxicated.

Australian Streaker Jailed In Sri Lanka For 'Indecent Exposur' In Kandy Test

Coyotes Young Star Becomes Advocate For Diabetes Awareness In Canada

Coyotes Young Star Becomes Advocate For Diabetes Awareness In Canada
Max Domi remembers the day he met Philadelphia Flyers legend Bobby Clarke as "one of the cooler moments of my life". It was the day he realized he could still live his childhood dream.

Coyotes Young Star Becomes Advocate For Diabetes Awareness In Canada

Narsingh Wanted To Kill Himself After Dope Test Fiasco, Says Friend

Narsingh Wanted To Kill Himself After Dope Test Fiasco, Says Friend
The Sports Authority of India (SAI) regional centre at Bahalgarh here was unusually quiet on Tuesday morning. The main entrance, manned by security guards, was closed.

Narsingh Wanted To Kill Himself After Dope Test Fiasco, Says Friend

India Women's Hockey Team Thrashes Canada 5-2

India Women's Hockey Team Thrashes Canada 5-2
India's women’s hockey team thrashed Canada 5-2 to record their second victory in their United States tour here.

India Women's Hockey Team Thrashes Canada 5-2

Vancouver Whitecaps Acquire Striker Fabian Espindola From D.C. United

Vancouver Whitecaps Acquire Striker Fabian Espindola From D.C. United
Espindola ranks seventh overall in active goal scorers in MLS regular-season games with 64 goals over 10 seasons in the league. He has 73 goals and 42 assists in 252 appearances in all competitions.

Vancouver Whitecaps Acquire Striker Fabian Espindola From D.C. United