The DDCA, in its complaint, had said that the allegations regarding financial irregularities and corruption in selections at the junior level were "maligning the image" of the cricket body.
"Consequently, DDCA has suffered a loss of more than Rs 500 crore. However, DDCA is choosing to file the present suit for the damages arising out of the said defamation by the defendants, in the sum of Rs five crore (Rs 2.5 crore each).
"In addition to this, a public apology is also demanded by DDCA from Kejriwal and Azad," the complaint said.
Kejriwal and five others of his party have already been taken to the high court by Finance Minister Arun Jaitley for issuing allegedly false and defamatory statements against him and his family members.
Jaitley has sought damages of Rs 10 crore from them.
DDCA and its treasurer Ravinder Manchanda, who filed the suit, have alleged that Kejriwal, without having any justifiable, substantial and/or on cogent evidence in his possession, has made the statement which was reported across the country, tarnishing the image of the cricket body and its members.
They have asked why Azad chose to remain silent for almost eight years without initiating any concrete steps to bring to the knowledge of DDCA about the alleged incidents in order to bring end to such practices.
DDCA has said that "the action of defendants have severely damaged the credibility and reputation of the cricketing body in eyes of thousands of cricket lovers, citizen of India as well as internationally.
"It is matter of deep shame that unauthenticated, false, scandalous and defamatory allegations have been made against DDCA which has led to the sullying of the reputation of not only DDCA, its officials and staff associated with it, but have even tarnished the image of a cricket-worshipping nation by the casting of such false, baseless and motivated aspersions," the suit has said.
It has also said that Kejriwal and Azad have "flagrantly violated all principles of responsible behaviour and ethics".