Zambezi Portland Cement

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...

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 ...

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...

Dr. Rajan Mahtani has been battling for the lawful takeover of the Portland Cement Zambia for quite a while. The case was at first enrolled by Dr. Rajan Mahtani more than 10 years prior when the industrial facility was wrongfully assumed control from him. Notwithstanding, Dr. Mahtani took the street less voyaged and looks for help from the law and government to get back the production line which lawfully has a place with him. Dr. Rajan Mahtani is a prominent representative in Zambia with many years of business experience. He is additionally known for his straightforward and moral business rehearses. In the meantime, his business is always difficulties by the various impediments of the Zambian law and government, of which Portland Cement Zambia is the prime precedent. Amid the decade long preliminary of Portland Cement Zambia case at the Lusaka High Court, Dr. Mahtani and his group of legal counsellors presented various confirmations sufficiently adequate to demonstrate...

London, United Kingdom September 10, 2018 Dr. Rajan Lekhraj Mahtani (popularly known as Dr. Mahtani) is a Zambian businessman and philanthropist and Chairman of the Mahtani Group of Companies. He has business interests across Africa, Europe and Asia. The Mahtani group includes a large number of Companies and has been built into one of the largest conglomorate in Zambia, employing over 3500 personell and funding more than twenty development projects in Zambia, apart from countless charitable and philanthropic initiatives. However, his success has naturally been accompanied by a vicious smear campaign, aimed at maligning Dr. Mahtani’s reputation, by vested interests in Zambia, and supported by persons in America and Europe. It is noteworthy, that Dr. Mahtani filed defamation cases in the State of Arizona and State of Minnesota, USA against such publishers of defamatory articles, including Zambiareports.com. The case was resolved between both parties and Zambiareports rem...

The lawmaking bodies of any nation have the power to make or break a nation’s political and social-economic position. Quick, transparent and ethical regulations and law practices are necessary for swift resolutions across courts, further strengthening the progress and development of the nation. It is also necessary for performance enhancement of the government and public bodies within a nation, which are often role model as well as positive or negative inspiration for rest of the nation. Unfortunately, majority of the nations across the globe suffer from numerous limitations and challenges with respect to their legal system, regulations and effectiveness of court proceedings. The same situation is being faced by Zambia legal system . The case of Portland Cement Zambia is almost a decade old. It was registered by Dr. Rajan Lekhraj Mahtani, a noted businessman, entrepreneur, philanthropist and social worker. Since the establishment of the case, numerous proceedings have b...

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 ...