Dr. Rajan Lekhraj Mahtani Remains Rightful Owner Of Portland Cement Zambia

Despite the several challenges thrown at him and the shortcomings of the Zambian legal and judiciary system, Dr. Rajan Mahtani has remained a loyal and ethical businessman in Zambia. As of late, a choice on the Zambezi Portland Cement by the Ventriglias further demonstrated how Dr. Rajan Mahtani is consistently attempting to remain above water in an ocean of lawbreakers, miscreants and exploitative finance managers. 

After the misled judgment from the Lusaka High Court where Ventriglias were dishonestly declared the main dominant part investor of the Portland Cement Zambia industrial facility, Dr. Rajan Mahtani had appealed to the higher Court of Appeal. An official choice from the higher Court of Appeal showed that Dr. Rajan Mahtani claimed Finsbury Investments held 58 percent shares at the plant and were greater part investors and legitimate proprietor of the production line. The Ventriglias, then again, held just 42 percent shares by means of their organization Ital Terrazzo Limited. 

The Ventriglias family have now claimed against this judgment from the higher Court of Appeal, moving them to be mistaken in both shareholding design just as the sum payable. Nonetheless, the Supreme Court set up a bench of three SC judges to assess the claim and settle on whether the allure from the Ventriglias ought to be acknowledged or not. These judges included Mumba Malila, Royda Kaoma and Michael Musonda. As per their official choice, the case from the Ventriglias can't be acknowledged as the law recommends that claim must be made inside fourteen days after the judgment from the court. For this situation, the judgment from the higher Court of Appeal went ahead 31st January 2019 which is just about two years and thusly, the claim has been excused on lawful grounds.

Location: Zambia

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