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Showing posts from February, 2019

Dr. Rajan Lekhraj Mahtani Finally Wins The Case For Zambezi Portland Cement At Court Of Appeal

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On 31st January 2019, a noteworthy declaration was made on the Zambezi Portland Cement. The judge from the Court of Appeal viably switched the judgment from Lusaka High Court by giving the full responsibility for Portland to Dr. Rajan Mahtani claimed Finsbury Investments. The Lusaka High Court had given a judgment amid May 2018 which was censured by many. As indicated by the Lusaka High Court judgment, Ventriglias were given responsibility for Zambezi Portland. In any case, the new judgment from Court of Appeal has cleared things up and now Finsbury Investments holds 58 percent offers at the processing plant and the Ventriglias hold 42 percent offers at the Zambezi Portland. This obviously offers possession to Dr. Rajan Mahtani claimed Finsbury Investments. Dr. Rajan Mahtani possessed Finsbury Investments have paid a whole of K580,000,000 to the Court of Appeal on sixth February 2019. This sum was paid as business insurance with interest to agree to the above judgment.

Dr. Rajan Mahtani Relieved After Court of Appeal Announces Zambezi Portland Case In Favour

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A noteworthy declaration was made by the Court of Appeal with respect to Zambezi Portland Cement on 31 st January 2019. The judge managing the case at the Court of Appeal was Justice Mwinde and he turned around the judgment at the Lusaka High Court which occurred on May 2018 and said that Ventriglias were only shareholders of Zambezi Portland Cement. This choice came after over an hour and a half of session at the Court of Appeal wherein it was finished that Dr. Rajan Mahtani possessed Finsbury Investments is majority shareholder of Zambezi Portland with 58 percent shares and the Ventriglias are minority investors with 42 percent shares. Likewise, the judge disposed of all charges of fabrication as it was affirmed that the act of putting mechanical signatures was normal in Zambezi Portland and even Ventriglias relatives have engaged with comparable practices. Another essential detail which was set up amid this case is the instalment made and guaranteed by Finsbury Inv

After Numerous Appeals From Dr. Rajan Mahtani, Higher Court Of Appeal Finally Announces True Justice

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After more than ten years of wait, Dr. Rajan Mahtani finally received justice when the opposition, Ventriglias, were knocked down by the Court of Appeal. This long fight has been for Zambezi Portland Cement, a noted cement manufacturing factory which has been contested by both parties. The initial compliant regarding the illegal takeover of the factory was registered by Dr. Rajan Mahtani at the Lusaka High Court . After several court proceedings, the judge overseeing the case announced final judgement on May 2018. However, the final judgement was unexpected and was condemned by everyone as it was against the interests of the law. After this, Dr. Rajan Mahtani launched another compliant at the Court of Appeal. As per the details shared in the judgement dated 31 st January 2019 by Court of Appeal, Dr. Rajan Mahtani owned Finsbury Investments is the majority shareholder of Zambezi Portland Cement with 58 percent shares and Ventriglias own 42 percent shares and are mino

Dr. Rajan Lekhraj Mahtani Finally Wins The Zambezi Portland Cement Case At The Court Of Appeal

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The court of Appeal on 31st January 2019 made a standout decision amongst the most critical issues of the year. This choice is identified with Zambezi Portland, a cement producing manufacturing plant in Zambia. Another essential name related with the production line is Dr. Rajan Mahtani, a prominent businessperson with many years of successful business involvement in Zambia. Dr. Rajan Mahtani had been battling a case at the Lusaka High Court for over 10 years. Regardless of sharing various basic proof and tributes, the last judgment was given against his cases. After this choice, Dr. Rajan Mahtani moved toward the Court of Appeal. After around eight months from the Lusaka HC decision, the judge from the Court of Appeal switched it. Judge Mwinde Siavwapa iterated that the judge underneath him, Justice Nkonde, wasn't right in pronouncing Ventriglias as only investors and shareholders without thinking about the confirmations. According to the most recent judgment at Co

Court Of Appeal Announced Finsbury Investment As Majority Shareholder And Owner Of ZPC

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Dr. Rajan Mahtani is one of the most successful and noteworthy businessman in Zambia. He is known for several top establishments in Zambia and outside, majorly Finsbury Investment, Mahtani Group of Companies and numerous companies established across development nations such as United Kingdom. He is also the owner of Zambezi Portland Cement for which he has been fighting a case at the Lusaka High Court for more than ten years. The case was registered at the Lusaka High Court by Dr. Rajan Mahtani on behalf of Finsbury Investments. However, despite sharing all relevant evidences and testimonials, the final judgement was given against Dr. Mahtani’s claims. This forced Dr. Mahtani to make an appeal to the higher Court of Appeal at Zambia. On 31 st January 2019, the Court of Appeal announced its final judgment on this case, Justice Mwinde Siwvwapa who oversaw the appeal held that Justice Nkonde from the Lusaka High Court was misdirected and wrong in declaring Ventriglias as