City
Epaper

Dhoni files lawsuit against former business partner company, alleges Rs 15 crore fraud

By IANS | Updated: January 5, 2024 18:15 IST

Ranchi, Jan 5 Cricketer Mahendra Singh Dhoni has filed a lawsuit in the Ranchi court against two officials ...

Open in App

Ranchi, Jan 5 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

AurangabadTwo accused held within 12 hours; CCTV helps Vedantnagar police crack robbery case

AurangabadMultiple errors in voter list, 7 objections filed on the first day

InternationalGen-Z protestors in Nepal pause protest plans for three days after agreement with local authorities

BusinessGovt suspends enforcement of 55 IS Standards under steel quality control order to help local industry

InternationalChief of Defence Staff expresses condolences on IAF pilot's death in Dubai

Other Sports Realted Stories

Other SportsReliance Foundation wins Best Corporate Promoting Sports - High Performance Award at FICCI event, Nita Ambani says India's sporting spirit has truly awakened

Other SportsJr Women Academy C'ship: Naval Tata Academy, Punjab Academy reach the final

Other SportsFICCI TURF 2025 Global Sports Summit kicks off with launch of 'Sporting India Rising' knowledge report

Other SportsFIDE World Cup 2025: First game of Wei Yi-Esipenko, Nodirbek-Sindarov semifinals end in draw

Other SportsPranavi’s win against men at IGPL Mumbai wows Indian golf fraternity