MS Dhoni Sues Ex-Business Partners Over Alleged Fraud Of Rs 15 Crore

1 year ago 15

Cricket icon Mahendra Singh Dhoni has filed a criminal complaint against his former business partners in a sports firm for allegedly defrauding him of Rs 15 crore. The complaint has been filed against Mihir Diwakar and Soumya Vishwas of Arka Sports and Management Limited in Ranchi court in connection with a 2017 business deal.

Mr Diwakar had reportedly signed a deal with Mr Dhoni in 2017 to open cricket academies across the world in the cricketer's name. But, he allegedly did not stick to the conditions mentioned in the agreement, as per the complaint.

Arka Sports was liable to pay the franchise fee and share profits in the ratio mentioned in the agreement, but all the terms and conditions were blown away, it said.

Article From: www.ndtv.com

Read Entire Article

Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request