There is no law prohibiting owning a Company which happens to be in the same line activity.
If the same Logic is to be applied,many of us may not be to invest at all.
If Dhoni is wrong what about Sunil Gavaskar, who at one time a part of Professional Management Group,which manages’managed Cricket Players?
Dhoni is also Vice President of India Cements.
Even this is conflict of Interest as India Cements owns CSK.
This could not have been with out the knowledge of the BCCI.
Why did not BCCI object to it?
There is a consternation that Parthiv Patel, RP Singh have not been given adequate chances.
That’s a laugh.
No body had been given as many chances as these two.
The others to have not performed.
The long and short of it is,that Dhoni may be legally correct.