Zambezi Portland Cement

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...

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...

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...

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...

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...

Dr. Rajan Lekhraj Mahtani is among the most respected and famous business personalities in Zambia. He is noted for his business acumen, successful business establishments, leadership as well as social and philanthropic activities. He is also among a respected businessman among citizens, government and business houses. Some of the top companies established and still run under Dr. Mahtani’s leadership are Finsbury Investment, Mahtani Group of Companies etc. However, Dr. Mahtani is also an avid charity and social work which very few people are aware of. This is due to the fact that Dr. Mahtani does not like to boast his charity works or philanthropic activities unlike other businesses wherein these activities are specially conducted to gain PR and attention from the media and the masses. Dr. Rajan Mahtani recently attended the 2017 African Forum Summit, an economic summit which is held in Zambia on an annual basis. Since its establishment, the summit has become a critical pa...

The case of Portland Cement Zambia can be described as among the most high-profile corporate cases which the nation has ever witnessed. One of the top businessmen in Zambia, Dr. Rajan Lekhraj Mahtani, is associated with the case. He is also a noted social worker and a philanthropist, with numerous charitable and social activities under his resume. Dr. Rajan Mahtani is also the owner of some of the most successful business ventures in Zambia. These include Finsbury Investment, Mahtani Group of Companies and Finance Bank Zambia. All of his companies have been extremely successful and have established their mark within the Zambian economy. He has also established numerous associations outside of Zambia, such as establishing a company in United Kingdom. Furthermore, these establishments and connections have been often utilised for bringing foreign investments within Zambia. As of now, Dr. Rajan Mahtani is fighting the case of Portland Cement Zambia for the past ten years. ...

Portland Cement Zambia factory is among the most notable cement-manufacturing factories in Zambia. This is partly due to the factory’s history as among the biggest producers of cement in Zambia. And the other reason is the long-trail of the cement factory at the Lusaka High Court without any final judgment. The case was registered by Dr. Rajan Mahtani after the factory was illegal taken from him. Since then, Dr. Rajan Mahtani has shared numerous evidences, testimonials as well as financial statements which sufficiently prove his legal owner over the factory Sadly, no amount of evidences or facts can support a judgment which is already clouded by personal greed or influence of others. The same situation was seen at the Lusaka High Court during the day final judgment was announced. As per the final judgement, Dr. Rajan Mahtani lost the case and his claims were rejected. It was a shocking event for everyone there as well as those who heard the news later. Within a matter of t...

Even though the final announcement for Portland Cement Zambia was made at the Lusaka High Court, the cement factory’s fate hangs in balance. The case was registered by Dr. Rajan Mahtani almost ten years back and since then the case has been dragged through the years with no proper forward direction. The judge handling the case made a positive announcement few months back when the case hearing was finally closed. This meant no more trials and arguments before the judge. Both parties were asked to submit their updated evidences in written and oral formal based on which, final judgment was to be announced. It was an extremely positive move from the court which has been dragging this case for so long. It was even better news for Dr. Mahtani and his lawyers as his evidences and testimonials were exactly what were required to win the case. For instance, this included signed shareholder’s agreement, testimonials from significant members of the cement factory as well as independent ...