MS Dhoni Takes Amrapali Group to Supreme Court over 40 Crore Dues

IPL 2019 Chennai Super Kings skipper, Mahendra Singh Dhoni has reportedly approached the Supreme Court of India. His grievance was that he is owed at least Rs 40 crore in dues from?real estate company, Amrapali Group. MS Dhoni, and his wife Sakshi, have both been associated with the firm since 2009.

However, the company has fallen on hard times financially, over the years. According to the Hindustan Times, as many as 46,000 complaints have been filed against Amrapali. Their grouse with the real estate company is that their properties have not been delivered inspite of payments being made. Now, MS Dhoni has also joined in among the complainants.

In response to the earlier complaints,?the apex court ordered Amrapali group to attach all of its properties besides those of its associate companies and their directors.

Meanwhile, MS Dhoni had entered into a number of agreements with the group to promote various future projects. His wife Sakshi was part of the charitable department. However, the association did not last long as MS Dhoni left the company in 2016.

That was reportedly when the trouble began for MS Dhoni.??The builder, Amrapali Group, owes an amount in excess of Rs 38.95 crore of which Rs 22.53 crore is towards the principal amount and Rs 16.42 crore towards interest calculated at 18% simple interest per annum,? claimed the Chennai Super Kings captain.

?It was agreed that the firm will provide Amrapali Group with exclusive right to use his (Dhoni?s) endorsement in connection with the advertisements, marketing and PR activities. Also it was categorically agreed that all the payments under the agreement was to be paid to the applicant (Dhoni) only.?

Last month,?Amrapali Group chairman and managing director Anil Sharma and its two directors Shiv Priya and Ajay Kumar, were remanded in custody.

With all this going on during the IPL 2019 season, hopefully the issue sorts itself out. MS Dhoni likely does not need any headaches as he focuses on a 4th IPL title.