Zambezi Portland Cement

After the higher Court of Appeal, it was Supreme Court Zambia which guaranteed that the thriving and development at long last accomplished by the Portland Cement Zambia is not stopped. As of now, the responsibility for Portland Cement Zambia plant is with Dr. Rajan Lekhraj Mahtani, proprietor of the Finsbury Investment. Dr. Rajan Mahtani got the responsibility for Cement Zambia following quite a while of patient pause, difficult work and legitimate standing. The instance of Portland Cement Zambia is incredibly impossible to miss and it began once again 10 years prior during the time of 2006-2007. In this period, a significant offer rebuilding occurred and Dr. Rajan Mahtani possessed Finsbury Investments got 58% share portions of the Portland Cement through a unique shareholding understanding. In spite of at first consenting to this understanding, the Ventriglia family tested the lawfulness of the shareholding arrangement. This brought about a case at the Lusaka High Court which hauled...

On 31st January 2019 , judge Mwinde effectively reversed the decision from the Lusaka High Court on Portland Cement and concluded that the factory belonged to Dr. Rajan Mahtani owned Finsbury Investment. For this situation, Antonio Ventriglia and Manuela Ventriglia battled that the Court of Appeal's judgment was adjusted when justice Mwinde detailed that financial backers' register of Portland Cement should reflect 42% offers ownership by Ventriglias guaranteed Ital Terrazzo Limited. Justice Mwinde furthermore broadcasted that the aggregate payable to Ventriglias is K580,000 . In any case, the Ventriglias in their case ensured that the certifiable entirety payable to them was K580 million. A seat of three Supreme Court bench was set up to survey this case. These included Judge Michael Musonda, Judge Royda Kaoma and Judge Mumba Malila. After evaluation, the Supreme Court bench reliably agreed that the Ventriglias fail to report their case inside fourteen days after judgment of...

The fight for the Portland Cement Zambia was over when the higher Court of Appeal announced its decision on 31st January 2019. Dr. Rajan Mahtani fought for the legal takeover of the factory for more than a decade and this was a critical decision given by a higher court judgement. However, it seems like the Ventriglia family did not take their losing of the case very well, despite the fact that it was a transparent and authentic judgement. Be that as may, the Ventriglia family chose to disturb the smooth tasks of Portland Cement by and by testing the Zambezi Portland decision of higher Court of Appeal at the Supreme Court. Notwithstanding, the Ventriglia family didn't direct their due perseverance. It was discovered that a basic legitimate prerequisite for enlisting claims against other court decisions is that the cases should be enrolled inside 14 days of the actual decision. Since the choice from higher Court of Appeal went ahead 31st January 2019 , the appropriate time for mak...

Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia. He is the owner of several successful companies in Zambia, including Finsbury Investments, Mahtani Group of Companies and several others. At the same time, Dr. Rajan Mahtani is also known for his philanthropic and charitable activities. His companies follow the same code of conduct as Dr. Rajan Mahtani, following his principles and policies. However, his company Finsbury Investments suffered significant losses due to the mismanagement of shares of Portland Cement in which Finsbury Investments had majority shares. In the original shareholders agreement, ownership of Portland Cement Zambia was given to Finsbury Investments with the objectives of getting loans from banks, completing the construction process and getting better growth prospects. However, all these plans were halted when the Ventriglias unethically took over ownership of the factory by influencing the decision of the Lusaka High Court in their ...

Dr. Rajan Mahtani’s contributions towards philosophical and charitable arenas are known not only by the business fraternity but also by locals. At the same time, promotions and advertisement of Dr. Mahtani’s charitable and social contributions are rarely seen. Dr. Rajan Mahtani infrequently offers or features his own humanitarian and beneficent exercises and these are known to general individuals just when his commitments are shared by free papers and authors. As of late, Dr. Rajan Mahtani was lauded for his magnanimous commitments for the educational industry of Zambia. Dr. Rajan Mahtani through his organization Finance Bank Zambia h ad instituted an educational award 2013. This award is named as Steven Malama Award and it is given each year to the best graduating student from the ZIALE (Zambia Institute of Advanced Legal Education). The best graduating understudy additionally clears Bar in his/her first endeavour and this decent award praises the energy and commitment of the underst...

In a bizarre incident, the Ventriglias decided to challenge the decision made by the higher Court of Appeal on the Portland Cement Zambia case. The case of Portland Cement Zambia is age old and was first registered at the Lusaka High Court by Dr. Rajan Mahtani himself. A significant political meddling and unethical corporate practices took over and Dr. Rajan Mahtani was not given justice despite having all evidences and testimonials to show for it. The judgement by Lusaka High Court judge Nkonde went in favour of the Ventriglias and Dr. Rajan Mahtani took the right decision to approach the higher Court of Appeal. The judge at the higher Court of Appeal was justice Mwinde who gave the final decision on the case on 31st January 2019. In this decision, the previous judgement from the Lusaka High Court was reversed as the majority ownership of the Portland Cement Zambia went to Dr. Rajan Mahtani only. This decision from the higher Court of Appeal was considered final until the Ventriglias...

Dr. Rajan Lekhraj Mahtani has established a distinct name for himself within the Zambian corporate sector. His organizations, for example, Mahtani Group of Companies, Finsbury Investments and Portland Cement Zambia are totally known to have solid moral strategic approaches. Aside from his organizations, Dr. Rajan Mahtani is additionally known for his beneficent and generous commitments across various fields. One of his most pivotal altruistic commitments in the field of education has been the establishment of the Steven Malama grant in the year 2012. The honour was established in memory of late Steven Malama, a visionary in the law field and a dear companion of Dr. Rajan Mahtani .  Since its commencement, the Steven Malama grant has been viewed as one of the most esteemed educational awards in Zambia. It was introduced in the year 2013 and from that point forward it is being introduced each year to the meriting students from Zambia Institute of Advance Legal Education. The honour...

On 31 st January 2019, Dr. Rajan Lekhraj Mahtani finally won the long-pending Portland Cement Zambia case. This case was registered at the Lusaka High Court first and after a decade of critical case proceedings, final decision was given by justice Nkonde. However, it was a controversial decision as it was announced that Ventriglias were only shareholders of Portland Cement. Dr.Rajan Mahtani successfully reversed this misdirected decision by approaching the higher Court of Appeal. The judge at the higher Court of Appeal was justice Mwinde who announced Dr. Rajan Mahtani paid one billion kwachas or USD 250,000 to the Portland Cement Zambia limited for taking over 58 percent shares or majority shareholding of the factory. This transaction was accepted and signed by all stakeholders associated with the factory with the evidence being the original shareholders’ agreement established in the year 2007. Based on these evidences, justice Mwinde successfully reversed the decision f...

Even though Dr. Rajan Mahtani finally received justice at the end, this was after years of patient wait, perseverance and undeniable faith in the legal system of Zambia. Dr. Rajan Mahtani has established itself as one of the most successful businessmen in Zambia. He has deep roots within the Zambian economy and society and almost all of his business and entrepreneurial contributions are aimed at improving the economic and social conditions of the Zambian society. Despite these critical contributions, it is really problematic to observe that Dr. Rajan Lekhraj Mahtani is constantly fighting for his right. The political, ethical and legal challenges faced in the developing nation like Zambia is understandable. However, there are only few businesses who keep the grit and confidence of maintaining an ethical, honest and transparent business venture. After Dr. Rajan Mahtani faced misfortune at the Lusaka High Court, he turned to higher Court of Appeal for help. At this situatio...

Dr. Rajan Lekhraj Mahtani is known for his ethical and honest business standings. He is likewise known for his straightforward and clear strategic policies which has brought about the advancement of a few top organizations like Mahtani Group of Companies and Finsbury Investments. He is likewise the proprietor and larger part investor of the Portland Cement Zambia processing plant for which he battled a lawful battle for over 10 years. Soon after Dr. Rajan Mahtani effectively settled Portland Cement Zambia as one of the head Portland concrete assembling production lines, it was dishonestly dominated. For a time of ten years, Dr. Rajan Mahtani occupied with court procedures, legitimate interests and legal disputes at the Lusaka High Court with the expectation of recovering responsibility for manufacturing plant. Notwithstanding, Dr. Rajan Mahtani was met with mistrust when the conclusive outcomes for Portland Cement Zambia was reported. Justice Nkonde in the interest of the Lusaka Hi...

Dr. Rajan Lekhraj Mahtani is one of the most celebrated businessmen in Zambia. His respect and authenticity comes from the fact that he is among the few businessmen across Zambia still following a path of absolute transparent, honesty and ethics. Despite the challenges an honest businessman faces in a nation like Zambia, Dr. Rajan Mahtani came out at the top with numerous successful businesses. Some of these businesses were Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. After the final decision from the higher Court of Appeal in the Portland Cement Zambia case, the entire nation saw the reality of the cement-manufacturing factory and its real ownership. In this final verdict presented on 31st January 2019, justice Mwinde declared that Dr. Rajan Mahtani is the actual owner of the Portland Cement Zambia factory. This verdict was given based on the available evidences such as transfer of one billion kwachas from Dr. Rajan Mahtani owned Finsbury Investmen...

Being the top legal and judiciary courts in Zambia, the decision from the Court of Appeal is final. This decision follows the controversial verdict at the Lusaka High Court on the Portland Cement Zambia that had announced Ventriglias as the only shareholders of the Portland Cement factory. This verdict was against the claims made by Dr. Rajan Lekhraj Mahtani, one of the most successful businessmen in Zambia. Dr. Mahtani had claimed that Zambezi Portland Cement factory belonged to him and he was the actual owner. To support his claim, several documents and evidences were shared to the Lusaka High Court judge but were ignored. Dr. Rajan Lekhraj Mahtani was then rightly prompted to approach the higher Court of Appeal.  The final verdict from the higher Court of Appeal came on 31st January 2019, around nine months after the case was registered. This quick judgement clearly indicate that the case was not that complicated and the evidences were enough to establish a final verd...

The peculiar case of the Zambezi Portland Cement is exactly what the government of any nation must avoid. This case and its long pendency along with complications highlights the rampant corruption and unethical practices which has penetrated even the legal system of Zambia. Dr. Rajan Lekhraj Mahtani is a noted businessman, philanthropist as well as charity worker. His unique trait or characteristics while working within the Zambian nation is his track record. Dr. Rajan Mahtani is among the most honest, transparent and ethical businessmen in Zambia and with this transparency and honesty, he has established numerous successful businesses in Zambia. He fought for the Zambezi Portland Cement case for more than ten years and after several roadblocks and challenges, finally won the case.  This decision on the Portland Cement Zambia case was given on 31st January 2019 by higher Court of Appeal. It was a significant decision as it was completely against the decision given by...

The Zambezi Portland Cement case results was finally announced and Dr. Rajan Mahtani wins case after more than a decade. After Lusaka High Court failed to provide judgement despite Dr. Mahtani having all related documents and evidences, higher Court of Appeal was approached. The Court of Appeal judge then gave the final statement on 31st January 2019. While giving this judgement, Justice Mwinde also shared some interesting details about the case.  Finsbury Investments is the appellant here and has paid USD 250,000 to the ZPC limited. This payment was completed in the year 2005 for taking of entire share capital valued at that price. The price paid was equivalent to 1 million kwachas and covered the entire share capital value. The details were established on the shareholders agreement originally established in 2007. Furthermore, the details were found in the page 663 of ‘record of appeal’ volume of the agreement. The agreement also confirmed that Dr. Rajan Mahtani was ...

On 31st January 2019, the Court of Appeal gave the final judgement on the Portland Cement Zambia case. The case was previously pending at the Lusaka High Court for more than a decade. It was Dr. Rajan Mahtani, a noted businessman, philanthropist and charity worker who first registered the case at the Lusaka High Court. After sharing numerous evidences and testimonials, the final judgement from the Lusaka High Court was announced during the month of May, 2018, almost a decade after the case registration. Justice Nkonde was the judge giving the final announcement on the case. However, the final decision was extremely controversial as justice Nkonde announced that Ventriglias were only shareholders of the Zambezi Portland Cement .   This decision was further countered by Dr. Rajan Mahtani at the Court of Appeal. The judge at the Court of Appeal was justice Mwinde who announced the final decision on 31st January 2019. After looking into the evidences, testimonials and other ...

A critical decision was made by the Court of Appeal on 31 st January 2019. It was related to Zambezi Portland Cement factory, a cement manufacturing factory in Zambia. The factory was contested by two business parties for the past ten years during which, the case was transferred from one court to another and from one judge to another. Dr. Rajan Mahtani has claimed that the factory was illegally taken over from him and he is the legal owner of the factory. To prove his claim, he has been sharing numerous evidences and testimonials before several judges at the Lusaka High Court but to no avail. The final decision from the Lusaka High Court came almost a decade later and it was disappointing. According to the judge Nkonde from Lusaka High Court, Ventriglias were the only shareholders of Zambezi Portland Cement. Notwithstanding this misdirected judgement, Dr. Rajan Mahtani then approached the Court of Appeal. The Court of Appeal announced its final judgement on 31 st Jan...

Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia. He has numerous successful businesses under his name, including Finance Bank Zambia, Mahtani Group of Companies and Finsbury Investments . He is also known for his charitable activities and his philanthropic works. For the past ten years, Dr. Rajan Mahtani has been fighting for the legal takeover of Zambezi Portland Cement. The case was registered at the Lusaka High Court and despite several evidences and testimonials; the judge announced a shocking judgement. As per the decision of the Lusaka High Court judge, Ventriglias are the only shareholders of the Zambezi Portland Cement. As a result, Dr. Rajan Mahtani then approached Court of Appeal to make a final request. The Court of Appeal did not disappoint and on 31 st January 2019, it announced its final decision on Zambezi Portland Cement. According to this decision, Dr. Rajan Mahtani owned Finsbury Investments is the majority shareholder o...

The recent judgement from the Court of Appeal was a historic judgement across the Zambian corporate world. The judgment was related to Portland Cement Zambia, a noted cement-manufacturing factory which was being contested by two big business houses in Zambia. The factory was first contested at the Lusaka High Court almost ten years back when Dr. Rajan Mahtani, the owner of Finsbury Investments registered a complaint. Since then, numerous proceedings and court hearings took place and even after submitting strong evidences, the final judgement from Lusaka High Court was disappointing . As such, Dr. Rajan Mahtani took proper action and registered an appeal to the Court of Appeal at Zambia. On 31 st January 2019, the judge overseeing the case of Zambezi Portland at the Court of Appeal announced that Dr. Rajan Mahtani is Zambezi Portland Cement’s majority shareholder. By giving this decision, the Court of Appeal effectively reversed the judgement from High Court given on Ma...

On 31 st January 2019, the final and ultimate truth regarding the fate of Portland Cement Zambia was announced. The Court of Appeal finally made the significant decision to reverse the judgment from the High Court delivered by Justice Nkonde during May 2018. Last year, the Lusaka High Court made a final announcement on Portland Cement Zambia after more than ten years of proceedings and court hearings. During this time, Dr. Rajan Mahtani had submitted numerous evidences and testimonials in his defense. Some of the critical evidences included signed shareholders’ agreement, financial reports, investment reports which proved that Dr. Mahtani and his company Finsbury Investment had invested more than USD 12 million on the growth and development of the factory. One of the most critical evidence submitted by Dr. Mahtani was the independent audit report conducted by an independent auditor. As per the audit report, the Portland Cement Zambia factory was established as joint venture...

Portland Cement Zambia case is known to for all. It is a concrete assembling manufacturing plant which had its greatness days amid the authority of Dr. Rajan Lekhraj Mahtani, a prominent businessman. Dr. Mahtani has been working in Zambia for over three decades and amid this time; he has possessed the capacity to effectively build up various best class foundations. A portion of these foundations included Mahtani Group of Companies and Finsbury Investments. He is likewise the genuine proprietor of Portland Cement Zambia which was unlawfully taken from him just about ten years prior. From that point forward, Dr. Rajan Mahtani has been battling a case at the Lusaka High Court for recovery of the processing plant. Amid the case procedures which crossed for a time span of over ten years, Dr. Rajan Mahtani displayed various confirmations and tributes to help his cases. A few vital individuals related to the manufacturing plant foundation approached and affirmed in regards to the leg...