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Showing posts with the label Portland Cement Zambia Case

Misdirected Decision From Lusaka High Court Costs Significantly, Corrected By Court Of Appeal

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As opposed to surrendering to unscrupulous judgment, it is more ideal to stand by some additional time and get genuine equity. This is what Dr. Rajan Lekhraj Mahtani did if there should arise an occurrence of the Portland Cement Zambia. The case hanged in balance for quite a while at the Lusaka High Court where Dr. Rajan Mahtani had enrolled the case at first. Notwithstanding presenting every single basic proof related with the case and in spite of hanging tight for over 10 years, Dr. Rajan Mahtani was not given justice. Rather, justice Nkonde from the Lusaka High Court reported a dubious decision by giving Ventriglias just shareholding authority. After this dubious decision, it was in best interests of Dr. Rajan Mahtani to report his appeal to the Court of Appeal. The decision from the Court of Appeal came on 31st January 2019 in which all evidences and testimonials were discussed in a transparent manner. Justice Mwinde confirmed that Dr. Rajan Mahtani made a paymen...

Dr. Rajan Mahtani is legal owner of Portland Cement Zambia, announced Court of Appeal

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Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia. He is also the owner of Portland Cement Zambia for which he fought a case at the Lusaka High Court for more than a decade. The case of Portland Cement Zambia was first launched at the Lusaka High Court where Dr. Mahtani shared numerous evidences and testimonials. Despite these, the final decision from the Lusaka High Court judge was extremely controversial as he announced that Ventriglias were only shareholders of the Zambezi Portland Cement. To counter this decision, Dr. Rajan Mahtani then approached the Court of Appeal.  The final decision from the Court of Appeal was announced on 31st January 2019 and was given by Justice Mwinde. According to this decision, Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder. Finsbury Investments is a company owned by Dr. Rajan Mahtani. On the other hand, Ital Terrazzo limited owns just 42 percent shares at the factory...

According To The Final Decision From Court Of Appeal, Dr. Mahtani Legal Owner Of Zambezi Portland

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After almost 10 years of patient wait, Dr. Rajan Mahtani is now satisfied with the results given by a court as it announced a transparent and ethical judgement. Dr. Rajan Mahtani is a noted businessman in Zambia. For the past ten years, Dr. Rajan Mahtani has been fighting a case at the Lusaka High Court. This case is for the legal takeover of the Portland Cement Zambia, a cement-manufacturing factory which Dr. Rajan Mahtani has claimed was illegally taken away from him. Dr. Rajan Mahtani had submitted numerous evidences and testimonials before the Lusaka High Court. After around 10 years, the judge at the Lusaka High Court shared final results for the case. However, this judgement was controversial as it was completely against the evidences and testimonials. The judge at the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement.  In order to counter this judgement, Dr. Rajan Mahtani took the case to Court of Appeal. The Court of...

Court Of Appeal Announced Final Decision On Portland Cement, Provides Transparent Results

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Zambezi Portland Cement is a noted cement factory in Zambia which was contested by two big parties in Zambia for the past ten years. One of them is Dr. Rajan Mahtani, a noted businessman, charity worker and philanthropist. The case was registered at the Lusaka High Court and the judge from the HC announced the final decision during May 2018. In the final judgment, justice Nkonde from the Lusaka High Court said that Ventriglias were the only shareholder of the Zambezi Portland Cement. This decision was clearly misdirected and as a result, the case was re-approached to Court of Appeal. The Court of Appeal did not let down Dr. Rajan Mahtani’s perseverance and on 31 st January 2019, the final decision on Zambezi Portland Cement was given. According to this decision, Finsbury Investments is majority shareholder of Zambezi Portland Cement with 58 percent shares. On the other hand, Ventriglias are the minority shareholders of the cement factory with 42 percent shares. As per ...

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 ...

Dr. Rajan Mahtani’s Case Of 2012 Was Motivated By Political Undertones As Per Latest Testimony

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With the most recent testimony from the Judge of the Supreme Court Zambia, a great deal of inquiries emerges for the law, the administration just as the equity arrangement of Zambia. The facts demonstrate that Zambia is a developing country and has been confronting genuine difficulties because of the across the board defilement and untrustworthy practices. Nonetheless, the ongoing testimony from Justice Mumba Malila uncovered that this defilement and dishonest practices have entered even the equity and administration framework inside Zambia. While the qualities of desirously and bad behaviors are basic for exploitative and degenerate people, the serious issue emerges when these turn out to be so incredible they can impact even the legislature and the legitimate framework. A similar issue happened if there should arise an occurrence of the 2012 case which one of the real features of the declaration was given by Justice Mumba Malila , a judge from the Supreme Court of Zambia. Jus...