MS Dhoni lodges complaints against Amrapali group at SC over Rs 39 crore pending dues
MS Dhoni has moved to the Supreme Court over the pending Rs 39 crore dues against Amrapali group, with whom he entered into various agreements in 2009 to promote the company as its brand ambassador. Along with his petition, the CSK captain attached copies of his agreements with the builder.
The former Indian skipper entered into agreements with the property and construction group Amrapali in 2009 to promote the company as its brand ambassador and also provided them the rights to use his picture in marketing and public relations activities. He remained associated with them for around six years but when duped homebuyers launched a social media campaign against him for promoting the company, which frauded them, Dhoni withdrew his services, but now he complained that the company is yet to pay his remaining dues.
“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,” Dhoni’s law firm stated, reported ToI.
While the Supreme Court is hearing the plea of around 46,000 homebuyers against the group for cheating them by not delivering the said flats, Dhoni also attached copies of his agreements with the builder along with his petition.
“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.”
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