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

Canada Names Squad With Both Youth And Experience Ahead Of June Matches

Canada Names Squad With Both Youth And Experience Ahead Of June Matches
VANCOUVER — Mark Anscombe named a squad featuring both youth and experience for his first test matches as head coach of the Canadian men's rugby team.

Canada Names Squad With Both Youth And Experience Ahead Of June Matches

Canada Names Experienced Team To Chase First Paralympic Wheelchair Rugby Gold

Canada Names Experienced Team To Chase First Paralympic Wheelchair Rugby Gold
RICHMOND, B.C. — Canada's wheelchair rugby team will have valuable Paralympic experience to draw on when it competes in Rio de Janeiro this September.

Canada Names Experienced Team To Chase First Paralympic Wheelchair Rugby Gold

Don Cherry Agrees To Multi-year Deal To Return To 'Hockey Night In Canada'

Don Cherry Agrees To Multi-year Deal To Return To 'Hockey Night In Canada'
The 82-year-old star of "Coach's Corner" has agreed to a multi-year deal, Scott Moore, president of Sportsnet and NHL properties

Don Cherry Agrees To Multi-year Deal To Return To 'Hockey Night In Canada'

At His 12th Training Camp, Ryan Phillips Still Going Strong For B.C. Lions

At His 12th Training Camp, Ryan Phillips Still Going Strong For B.C. Lions
  Now a family man at 33, the veteran defensive back for the B.C. Lions embarked on a much different kind of trip with his wife and two young sons this past winter.

At His 12th Training Camp, Ryan Phillips Still Going Strong For B.C. Lions

The Secret To Leander Paes's Longevity At The Top

The Secret To Leander Paes's Longevity At The Top
  What is the secret to his longevity and his motivation for continuing to play at the highest level?

The Secret To Leander Paes's Longevity At The Top

Boxing Legend Muhammad Ali No More

Boxing Legend Muhammad Ali No More
Legendary former heavyweight boxing champion Muhammad Ali, who had been hospitalised following respiratory problems, has passed away

Boxing Legend Muhammad Ali No More