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Showing posts with the label Lusaka High Court

Supreme Court Zambia Announces Decision On Appeal By The Ventriglias

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  Dr. Rajan Lekhraj Mahtani can at last enormous farewell to long periods of deceitful and disputable case procedures and would now be able to zero in totally on the activities of his business ventures. This was made conceivable with the new audit and choice of the Supreme Court Zambia on an allure set up by the Ventriglias. The Ventriglias are a resolute rival of Dr. Rajan Mahtani , reasons being Dr. Mahtani's straightforward and moral strategic approaches and restricting the Ventriglias to just legitimate business manages them. The Ventriglias are infamous for their dishonest strategic approaches and are known to take part in untrustworthy campaigning and political moves to satisfy their own destinations. It was this individual goal of having both Portland Cement Zambia's possession and cash of dominant part shareholding which incited the Ventriglias to assume control over the industrial facility dishonestly. This untrustworthy takeover occurred in 2006-07 and from that point...

Lusaka High Court Judge Closes The Portland Cement Zambia Case With Ambiguous Results

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The final announcement of the results of Portland Cement Zambia was given a few weeks ago. The Lusaka High Court judge overseeing the case closed it on a very ambiguous note. The verdict announced by the judge surprised everyone and left a lot of head scratching and raised eyebrows. The case of Portland Cement Zambia was established at the Lusaka High Court after Dr. Rajan Lekhraj Mahtani claimed that the factory was illegally taken over from him. Thus, it started as one of the longest-running corporate cases in Zambia spanning over a decade. Various reasons have been attributed to the long trial of the case. One of the major attributes includes the frequent transfer of the judges handling the case at the Lusaka High Court. This resulted in new judge taking over and starting the process all over again. During other occasions, either the parties were not present or the evidence submitted was not enough to progress the case. On the other hand, Dr. Mahtani and his lawyers hav...

Unhappy With The Judgement, Dr. Mahtani Takes The Case To Higher Court

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The final verdict for the long-pending case of Portland Cement Zambia is finally out and it is not what expected. The judgment has shocked the real owner of the factory as well as numerous experts who have been following the case for years. The case of Portland Cement Zambia is decades old and has become one of the longest pending corporate cases across the nation. This case is also associated with one of the biggest industrialists in Zambia, Dr. Rajan Lekhraj Mahtani. Dr. Rajan Mahtani is a noted businessman, philanthropist, and charity worker. He is also the owner of numerous successful establishments both across Zambia as well as outside the nation. Some of his national investments include Mahtani Group of Companies, Finance Bank Zambia and Finsbury Investments. He is also the legal owner of Portland Cement Zambia but has been trying to prove the same to numerous judges at the Lusaka High Court where the case has remained pending for a long time. During this long trial, n...

Dr. Rajan Mahtani Shocked with Lusaka High Court Verdict, Moves to Higher Court of Appeal

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Portland Cement Zambia case is a noted case in Zambia. The factors were once among the biggest producers of cement in Zambia. It was also popular for his above-industry average wages, salaries as well as high-level of productivity. During this time, the factory was under the leadership of Dr. Rajan Mahtani, who is also the legal owner of the factory. However, he has been fighting for the legal takeover of the factory for the past ten years. This fight is at the Lusaka High Court in Zambia.  During the trial of this case, several ups and downs were observed. One of the major issues resulting in the long-term pendency of the case was the frequent transfer or unavailability of judges. While sometimes the judges were transferred, other times they were simply not available. The case also suffered due to issues such as unavailability of respondents or lack of evidence from their side. At the same time, Dr. Rajan Mahtani has been continuously submitting powerful and factual evidenc...

Dr. Rajan Lekhraj Mahtani Expecting Huge Win at the Lusaka High Court

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The case of Portland Cement Zambia is known to all. It is a cement manufacturing factory, which, once upon a time, was a leading producer of cement in Zambia. It was owned by Dr. Rajan Mahtani, noted businessmen, visionary and philanthropist. Dr. Rajan Mahtani is a proud citizen of Zambia and has been conducting businesses across the nation for more than three decades. While he has successfully established numerous businesses, factories and companies in the nation, he is also known for his charitable activities, including funding for events, sources and ensuring that the economic and social status of the country is increasing. Some of the top companies under his belt include Mahtani Group of Companies, Finsbury Investments, Finance Bank Zambia and Portland Cement Zambia.  The Portland Cement Zambia was illegally taken over by the Ventriglias, almost ten year back. After that, Dr. Rajan Mahtani registered a case at the Lusaka High Court for legal takeover of the factory....

New Judge at the Lusaka HC Makes New Announcement, Dr. Mahtani Rejoiced

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It seems like after more than ten years of long wait, Dr. Rajan Mahtani and his teams might get some relief. This is regarding the ongoing Portland Cement Zambia case between Dr. Rajan Lekhraj Mahtani and the Ventriglias. The case can be easily considered as among the longest running high-profile cases across the Zambian corporate environment. The case was first registered by Dr. Rajan Mahtani when the Ventriglias illegally took over the factory. The Ventriglias then defended themselves by saying that the shares owned by Dr. Rajan Mahtani are not paid for.  During the event, Dr. Mahtani and his lawyers have submitted sufficient evidences that establish Dr. Rajan Mahtani as the real and legal owner of the factory. Some of these evidences include signed shareholder’s agreement, financial exhibits and independent audit report. This independent audit report clearly states that the factory was established as joint venture with Dr. Mahtani as the sole joint venture owner and t...

Dr. Rajan Mahtani and Ventriglias have Different Reactions to Lusaka HC Announcement

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Since the latest announcement made by the judge at the Lusaka High Court handling the Portland Cement Zambia case, both parties have showed different reactions. Dr. Rajan Lekhraj Mahtani has been waiting for this announcement for a long time and his team is extremely rejoiced with the announcement. The Ventriglias, on the other hand, have no reason to rejoice. Over the course of 10 years during which several trails and turnarounds have occurred in the case, the Ventriglias have not been able to submit any strong evidence to support their claims. Their case is extremely weak and they are expected to lose.  The case started with Portland Cement Zambia , a noted cement factory was illegally taken over by the Ventriglias by using goons. The factory legally belongs to Dr. Mahtani and during his leadership, the factory products rose to great heights. It quickly became one of the biggest producers of cement in Zambia and also popular among workers and employees due to the above...

Condition of Portland Cement Zambia Worsens Further, Need Immediate Revival

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Portland Cement Zambia is a noted factory that has been in the news for a while. The first time this cement factory was in news was all for good reasons. It was under the leadership of Dr. Rajan Mahtani, a noted industrialist and businessman. During his leadership, Portland Cement Zambia quickly rose to prominence and became one of the leading cement producers across the nation. It is also constantly noted as one of the top employers in the manufacturing sector, providing above industry wages and ensuring that its workers have a good working environment. However, things changed quickly when the factory was illegally taken over by the Ventriglias. The Ventriglias are a notorious family rising in Zambia, and are known for their unethical and illegal practices as well as getting away with law. The Ventriglias took over the factory with force and after that left the factory in a destitute condition. After this illegal takeover, Dr. Rajan Mahtani registered a case at the Lusaka...