Close X
Friday, November 29, 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

Toronto Raptors Feel The Love Despite Playoff Exit At The Hands Of The Cavaliers

Toronto Raptors Feel The Love Despite Playoff Exit At The Hands Of The Cavaliers
"What a run, @Raptors. You gave it everything and made us proud. #WeTheNorth," tweeted Prime Minister Justin Trudeau.

Toronto Raptors Feel The Love Despite Playoff Exit At The Hands Of The Cavaliers

Canucks Send Jared McCann, Picks To Panthers For Erik Gudbranson And Pick

Canucks Send Jared McCann, Picks To Panthers For Erik Gudbranson And Pick
  Vancouver also got Florida's 2016 fifth round pick (NYI) and the Canucks sent their second and fourth round picks in the upcoming draft to Florida.

Canucks Send Jared McCann, Picks To Panthers For Erik Gudbranson And Pick

Canadian Soldier Dies While Training Outside Base In New Brunswick

Canadian Soldier Dies While Training Outside Base In New Brunswick
The Canadian Armed Forces issued a statement saying the soldier collapsed while taking part in physical training outside 5th Canadian Division Support Base Gagetown.

Canadian Soldier Dies While Training Outside Base In New Brunswick

Medical Regulators In Every Province Impose Safeguards For Assisted Dying

Medical Regulators In Every Province Impose Safeguards For Assisted Dying
Medical regulators in every province have issued detailed guidelines doctors must follow to help suffering patients end their lives once Canada's ban on medically assisted dying is formally lifted next month.

Medical Regulators In Every Province Impose Safeguards For Assisted Dying

'It's Shocking': Whitecaps Defender Fraser Aird On Scottish Cup Final Chaos

VANCOUVER — Fraser Aird knew plenty of people on the field and in the stands as he opened his laptop to watch Saturday's Scottish Cup final.

'It's Shocking': Whitecaps Defender Fraser Aird On Scottish Cup Final Chaos

Vancouver Whitecaps To Play England's Crystal Palace In July Friendly

The game at B.C. Place Stadium comes in the middle of Vancouver's Major League Soccer schedule, while Palace will be in its final preparations ahead of the 2016-17 season.

Vancouver Whitecaps To Play England's Crystal Palace In July Friendly