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Zambezi Portland Cement’s Real Owner Final From Court Of Appeal, Dr. Rajan Mahtani Winner

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The Zambian Court of Appeal viably turned around the judgment given by Lusaka High Court of the Zambezi Portland Cement. The Lusaka High Court was drawn closer with the instance of Zambezi Portland by Dr. Rajan Mahtani, a prominent businessman and noted philanthropist. The case extended for over ten years and regardless of the adequate of confirmations shared by specialist Dr. Mahtani, an official choice by the Lusaka High Court judge was frightening. The judgment was given by Justice Nkonde who said that the Ventriglias were greater part investors of the Zambezi Portland. Rather than being crushed by the judgment and losing confidence on the unfair judgement, Dr. Rajan Mahtani took another change and enrolled an intrigue to the Higher Court of Zambia. This time, genuine justice was given to Dr. Mahtani as the judgment from the Higher Court of Appeal. The judge at the Court of Appeal was justice Mwinde who said that the judge beneath him wasn't right in proclaiming...

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 ...

Final Decision From Court Of Appeal Announced, Finsbury Investments Wins Zambezi Portland Case

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Dr. Rajan Mahtani is a noted businessman and charity worker in Zambia with numerous successful business ventures. For this past ten years, he has been fighting for the ownership of Zambezi Portland Cement, a cement-manufacturing factory. While Dr. Rajan Mahtani had all evidences and testimonials to sufficiently prove his legal ownership over the factory, he was failed by the shortcomings of the Zambian judicial system. The case dragged for more than ten years at the Lusaka High Court and even after that, the final decision was flawed. The judge from the Lusaka High Court announced that the Ventriglias were majority shareholders of the Zambezi Portland Cement . However, hopes on the legal and judicial system of Zambia were restored after the decision from the Court of Appeal. Dr. Rajan Mahtani took the case further to the Court of Appeal which announced its final decision on 31 st January 2019. As per this decision, Finsbury Investments which is owned by Dr. Rajan Mahta...

The Court of Appeal Declared Its Final Judgment On Zambezi Portland Cement, Dr. Mahtani Relieved

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Portland Cement Zambia is a noted cement manufacturing factory in Zambia. This cement factory is being contested by Dr. Rajan Mahtani and the Ventriglias at the Lusaka High Court. In the month of May 2018, the judge from the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement. After this, the case was taken to the Court of Appeal wherein the final judgment and the fate of the Zambezi Portland Cement were announced. As per this judgment, Finsbury Investments is majority shareholder of Zambezi Portland with 58 percent shares and Ventriglias are minority shareholders with 42 percent shares. With this decision, Dr. Rajan Mahtani owned Finsbury Investments automatically becomes the legal owner of the Zambezi Portland Cement. Also, this decision aligns with the original Shareholders Agreement which was established in the year 2005 between the original members. Unlike Lusaka High Court, the judgment by the Court of Appeal was abs...

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...