M S Dhoni, co's Rs 6 cr cases hit for six

An arbitrator has rejected state-owned Karnataka Soaps and Detergents restricted demand of Rs vi.5 crore as damages from cricketer M S Dhoni for alleged breach of a contract with it.

While rejecting the Mysore Sandal Soap manufacturer KS&DL's claim, arbitrator R Gururjan conjointly dismissed Dhoni's counter-claim of Rs six crore as damages from the state PSU for alleged violation by a number of the terms of the contract with him.

The claim and counter-claim was rejected by the arbitrator here on July ten.

Dhoni had entered into a two-year contract with KS&DL for years 2007 and 2008, as per that he was to be paid Rs seventy lakh for a 10-day shooting of an endorsement for its product.

KS&DL, however, accused Dhoni of not fulfilling the wants of the contract owing to his busy schedule and claimed Rs vi.5 crore as loss of income.

In his rejoinder, Dhoni had alleged that KS&DL had violated clauses within the contract and he was paid solely Rs twenty one lakh and sought Rs six crore as compensation.More Details Click