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The Times of India
The Times of India
Sport
TOI Sports Desk | TIMESOFINDIA.COM

MS Dhoni files criminal case against ex-business partners over alleged fraud of Rs 15 crore

NEW DELHI: Former India captain MS Dhoni has filed a criminal case against former business partners in Ranchi court, claiming Mihir Diwakar and Soumya Vishwash allegedly defrauded him of Rs 15 crore.

According to reports, Dhoni filed the case in Ranchi court regarding a 2017 business deal.

In 2017, Diwakar had reportedly signed a deal with the legendary cricketer to open cricket academies across the world in his name but the complaint said that the conditions of the agreement were not honoured.

Dhoni's lawyer Advocate Dayanand Singh of Vidhi Associates, alleged that Diwakar and Vishwash, representing Arka Sports and Management Limited, failed to adhere to the terms of the agreement, a report stated.

Arka Sports had obligations to pay franchise fees and share profits but violated all the terms and conditions of the agreement.

After the deal was not honoured, Dhoni withdrew the authorisation letter from Arka Sports on August 15, 2021.

Having already sent several legal notices, Dhoni's lawyer said they were left with no other option but to take legal action, citing deception and cheating.

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