Final Decision From The Court Of Appeal Announced, Dr. Mahtani Wins Big With Court Decision

Dr. Rajan Lekhraj Mahtani is a noted businessman in Zambia. He is also one of the few remaining businessmen in Zambia still following a fully transparent and ethical pathway. He is also responsible for some of the most successful businesses in Zambia such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. Despite these achievements, Dr. Rajan Mahtani is often preyed upon by unethical individuals and groups and has to face several roadblocks due to the ongoing corruption within the Zambian government. One of the prime examples is the Portland Cement Zambia case, which was launched by Dr. Rajan Mahtani more than a decade ago. Dr. Rajan Mahtani had registered the case at the Lusaka High Court claiming that his factory was illegally taken over from him. Despite several case proceedings and sharing of relevant evidences and testimonials, the case stretched for more than a decade. The judge who ultimately gave the final decision was justice Nkonde and this final decision came during the month of May, 2018. According to this decision, Ventriglias were given the majority shareholder of the Portland Cement Zambia case.

It was clear that this decision was misdirected and as a result, Dr. Rajan Mahtani took the right decision and approached the Court of Appeal. The judge at the Court of Appeal was justice Mwinde who gave the final judgement on 31st January 2019. According to this decision, Finsbury Investments owned by Dr. Rajan Mahtani holds 58 percent shares at the factory and is the majority shareholder of the factory. On the other hand, Ital Terrazzo Limited owned by the Ventriglias holds only 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. The Court of Appeal judge also said that this decision aligned with the original shareholders agreement established in the year 2007. Based on this decision, it is clear that Dr. Rajan Mahtani is the actual owner of the Portland Cement Zambia factory.

Dr. Rajan Mahtani Majority Shareholder And Owner Of Portland Cement Zambia, Court Confirms

On 31st January 2019, the final results for the Portland Cement Zambia case were announced. This announcement came from Court of Appeal, the second court to take on the case. The case of Portland Cement Zambia is age old and was established first at the Lusaka High Court by Dr. Rajan Mahtani, a noted businessman and philanthropist with more than three decades of business experience in Zambia. After the registration of the case, Dr. Mahtani shares numerous evidences and testimonials to the Lusaka High Court and it is suggested that these evidences were more than enough to prove legal ownership and claim by Dr. Rajan Mahtani. However, various shortcomings of the court resulted in the case stretching for more than a decade. The final judgement from the case came during May, 2018 and was given by justice Nkonde. According to his final decision, Ventriglias were announced as only shareholders of the Portland Cement Zambia factory. It is clear that this decision was misdirected and as a result, Dr. Rajan Mahtani approached the Court of Appeal.

The judge at the Court of Appeal was justice Mwinde who gave the final judgement on 31st January 2019. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the Portland Cement Zambia. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. Based on this decision, it is clear that Dr. Rajan Mahtani is the actual owner of the factory. This decision from the Court of Appeal judge aligned with the original shareholders agreement established in 2007.

While giving this decision, the judge from the Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as only shareholders of the Portland Cement Zambia as this decision was misdirected and without any basis.

Dr. Rajan Lekhraj Mahtani Announced Majority Shareholder And Owner Of Portland Cement Zambia Factory

For a long time, Dr. Rajan Mahtani fought for transparency, ethics and justice from different courts in Zambia. First it was Lusaka High Court wherein the case was registered by Dr. Rajan Mahtani claiming that his factory was illegally taken over from him. Despite sharing numerous evidences and testimonials, the court took more than a decade to announce the final judgement for the case. After that too, the final judgement from the Lusaka High Court was extremely controversial. The judge at the Lusaka High Court was justice Nkonde according to whom, Ventriglias were announced as only shareholders of the Zambezi Portland Cement. To counter this misdirected judgement, Dr. Rajan Mahtani then approached the Court of Appeal.

On 31st January 2019, the final judgement for the Portland Cement Zambia case was announced at the Court of Appeal. According to this judgement, Dr. Rajan Mahtani is the majority shareholder of the Portland Cement Zambia factory as his company; Finsbury Investments holds 58 percent shares. On the other hand, Ventriglias were declared as minority shareholders as their entity, Ital Terrazzo Limited held only 42 percent shares at the factory and were considered as minority shareholders without any legal ownership. With this judgement, justice Mwinde from the Court of Appeal effectively reversed the judgement from the Lusaka High Court which held that Ventriglias were only shareholders of the Zambezi Portland Cement.

With respect to forgery related allegations, all such allegations were discarded by the judge. It was found that the process of mechanically placing signatures was a common practice at Zambezi Portland Cement. It was also found that critical member of the Ventriglia family, Claudio Ventriglia, engaged in similar practice when conducting business transactions. As a result, all forgery allegations were dismissed by the Court of Appeal judge. Furthermore, all parties were directed by the Court of Appeal judge to complete their share sale and regularization process within three months from the date of the judgement.

Portland Cement Zambia Legal Ownership Goes Back To Dr. Rajan Mahtani, Confirms Court Of Appeal

The final results for the long-pending Portland Cement Zambia case were announced on 31st January 2019. This announcement came from Court of Appeal, one of the highest legal systems in Zambia. Before Court of Appeal, the case of Portland Cement Zambia was pending at the Lusaka High Court for more than a decade. The case was initially registered by Dr. Rajan Mahtani himself after claiming that the factory was illegally taken over from him. After sharing numerous evidences and testimonials, the judge at the Lusaka High Court shared the final decision. However, this decision was extremely controversial as according to this, Ventriglias were announced as only shareholders of the Zambezi Portland Cement.

To counter this controversial and misdirected decision, Dr. Mahtani then approached the Court of Appeal. The judge at the Court of Appeal was justice Mwinde who gave the final decision on 31st January 2019 during the morning session. Compared to the one decade wait at the Lusaka High Court, this was a speedy decision as justice Mwinde gave the final judgement within nine months of registering the case at the Lusaka High Court. Also, the decision was given only after looking into all evidences and testimonials which were somehow ignored by the previous judge. According to the final decision from the Court of Appeal, Dr. Rajan Mahtani owned Finsbury Investments is majority shareholder of the Zambezi Portland Cement with 58 percent shares. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. Based on this decision, it is clear that Dr. Rajan Mahtani is the legal owner of the factory. Justice Mwinde, while giving this decision, also said that the judge below him was wrong in declaring Ventriglias as only shareholders as this decision was without any basis and was against the interest of the public policies.

Dr. Rajan Mahtani Announced As Majority Shareholder And Legal Owner Of Portland Cement Zambia

After more than ten years of wait and two different court judgements, Dr. Rajan Mahtani can finally say that justice has been served. This wait pertains to Portland Cement Zambia case, for which Dr. Mahtani has been fighting for a long time. Time case was first registered at the Lusaka High Court where it went for more than a decade as a result of the various challenges and shortcomings of the Zambian legal system. During this time, Dr. Rajan Mahtani who complained to the Lusaka High Court shared numerous evidences, testimonials as well as factual data to prove his claim over the factory. Few months before the final announcement, the judge at the Lusaka High Court gave a positive hope to Dr. Mahtani by announcing that the final decision will be given after looking into the evidences, written and oral testimonials only and no further case proceedings will be entertained. This was major positive news for Dr. Rajan Mahtani as his evidences and testimonials were more than enough to prove Dr. Mahtani’s legal ownership over the factory. However, everyone received a shock when the judge at the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement.

Knowing that this decision was biased, Dr. Rajan Mahtani then approached the Court of Appeal. The final decision from Court of Appeal came on 31st January 2019. According to this decision, Dr. Rajan Mahtani owned Finsbury Investments is majority shareholder of the Zambezi Portland Cement with 58 percent shares at the factory. On the other hand, the Ventriglias owned Ital Terrazzo Limited holds 42 percent shares at the factory and is the minority shareholder. By giving this judgement, justice Mwinde from Court of Appeal effectively reversed the judgement from the Lusaka High Court judge. Based on this decision, Dr. Rajan Mahtani is the legal owner of the Zambezi Portland Cement factory.

Court Of Appeal Delivers True Justice For The Zambezi Portland Cement With Its Decision

For the past one decade, Zambezi Portland Cement has been at the centre of the corporate scandals. It is a noted cement-manufacturing company which was founded under the leadership of Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist in Zambia. In a span of three decades, Dr. Mahtani has established a string empire of successful businesses along with reputation of being one of the most transparent, ethical and honest businessman in Zambia. Some of his top companies are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. For the past ten years, Dr. Rajan Mahtani has been fighting for the legal takeover of the Zambezi Portland Cement. During this long tenure, he shared numerous evidences and testimonials which experts suggested were more than enough to prove his legal ownership over the factory. As a result, it was shocking for everyone when the judge at the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement. Dr. Mahtani was left with no choice but to approach the Court of Appeal.

Portland Cement Zambia

The Court of Appeal announced its final judgment on 31st January 2019. According to this final judgment, Finsbury Investments is majority shareholder of Zambezi Portland Cement with 58 percent shares. On the other hand, Ital Terrazzo Limited which is owned by the Ventriglias family holds 42 percent shares and is the minority shareholder. Accordingly, the legal ownership of the factory goes to Dr. Mahtani who is the owner of the Finsbury Investments. This decision is in line with the original Shareholders Agreement established in the year 2007. Furthermore, the judge at the Court of Appeal also condemned the decision by the Lusaka High Court by saying the judgment was morally wrong.

As of now, all parties are required to regularize the process of sales of shares as per the decision by the Court of Appeal and the process must be completed within three months.

Testimony From Supreme Court Justice Reveals Unjustified 2012 Case Related To Dr. Rajan Mahtani

Dr. Rajan Mahtani has been working tirelessly in Zambia for more than three decades. During this time, he has been able to build his empire based on transparent business practices. This characteristic is extremely common among businessmen in a developing nation such as Zambia. At the same time, Dr. Mahtani is also a charity worker and has contributed to numerous philanthropic activities over the years. As a result, it can be seen that he has acquired numerous enemies and conspirators who are constantly looking to profit from him or damage his reputation and businesses for personal gains.

Dr. Rajan Mahtani

Mumba Malila is a respectable judge at the Supreme Court of Zambia. Previously he was an Attorney General. Few weeks earlier, Justice Mumba Malila testified in front of the court revealing some of the grave details related to the widespread corruption ad unethical practices in Zambia. Among numerous of the incidents described in the testimony, one of the critical incident was the 2012 case associated with Dr. Rajan Lekhraj Mahtani, who is a noted businessman and respectable individual in Zambia. In this testimony, Justice Malila revealed that the case of 2012 against Dr. Mahtani was motivated by political undertones and was against the interests of the public policies. This testimony also revealed that despite several requests made by him and other individuals to make the case null and void, no such actions were taken. It was clear during that point that the decision making was influenced by external factors, including corrupt yet powerful politicians and businessmen having vested interests from the decision by the Tribunal. This revelation from the testimony has certainly shocked the entire nation.

The testimony from Supreme Court Justice is a clear example of the support from honest individuals towards making this nation transparent and its practices ethical. However, the nation has a long way to go.

‘Higher Court of Appeal’ To Hear Dr. Mahtani’s Case After Lusaka High Court Judgement Goes Haywire

One of the most notable and transparent businessman in Zambia, Dr. Rajan Mahtani, has been battling the case of one of the most notable business establishments. This business establishment is Portland Cement Zambia, which was founded by Dr. Rajan Mahtani with high aspirations. The objective behind this establishment was not only to create a profitable cement manufacturing factory in Zambia, but also to provide high-quality and affordable cement to the citizens and as well as small businesses in Zambia. At the same time, the factory was a huge boon for the surrounding community as it provided employment opportunities for the people across the town and nearby places. During the initial years of the factory’s growth and development, it became one of the biggest producers of cement within Zambia. Also, the factory became popular due to its above-industry wages and salaries attracting employees and workers from faraway places. However, things changed when the factory was illegally taken over from Dr. Rajan Mahtani.

Dr. Mahtani

However, everything changed after the factory’s illegal takeover. Since then, Dr. Rajan Mahtani registered a case at the Lusaka High Court and has been fighting for the case ever since. Sometime back, the latest judge overlooking the case made a positive announcement by closing the case hearing and announcing final judgment based on the evidences submitted. This announcement was positive for Dr. Rajan Mahtani as his evidences were much stronger compared to the other party. However, the final decision from the judge shook everyone as it was given against Dr. Rajan Mahtani’s claims. It was clearly evident that the judgment was misdirected and influenced by external forces.

Not faltering by this misled judgment; Dr. Rajan Mahtani took the right step and launched another appeal to the higher court of appeal. In his appeal, he shared is grievances of unethical judgment and has requested the higher court to look into the matter.

Supreme Court Justice Shares Testimony Revealing 2012 Case Against Dr. Mahtani To Be Unjustified

Supreme Court Chief Justice Mumba Malila recently gave a shocking testimony regarding a case from the past. The case was related to Dr. Rajan Mahtani in the year 2012 wherein Dr. Mahtani was prosecuted by the Tribunal. However, this testimony from the justice Mumba Malila shares a different story. According to his testimony, Dr. Rajan Mahtani was innocent and was wrongly prosecuted as a result of the greed and unethical power of some of the most corrupt yet power individuals controlling the political and justice system within Zambia.

Dr. Rajan Mahtani is a prominent industrialist in Zambia with over 30 years of experience. He is the proprietor of various effective business adventures in Zambia. A portion of these endeavours incorporate Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. He is at present battling for the legitimate takeover of the organization Portland Cement Zambia. Indeed, even subsequent to presenting various archives and basic proof under the watchful eye of the judge, the last judgment was given against his case.

Dr. Mahtani

In his testimony, the Supreme Court judge expressing the Dr. Rajan Mahtani was wrongly indicted in the 2012 procedures, and this arraignment was persuaded with political reasons. The SC judge likewise expressed that the arraignment was against open approaches and its enthusiasm because of the dishonest country of the indictment. Besides, the testimony from the SC judge additionally included demand towards suspension of the arraignment thinking about general society strategies and its interests.

The proof of a Supreme Court judge venturing out and uncovering the unjustified arraignment of a moral and genuine specialist is a positive development towards the expansion in political and government straightforwardness inside the country. In the meantime, this disclosure obviously demonstrates the long stretches of trouble and interruption looked by legit businessmen like Dr. Rajan Mahtani to guarantee smooth business development.

Zambia and Dr. Rajan Mahtani Upset With The Latest Judgment At The Lusaka High Court

The government of any nation plays significant role in ensuring law & order of the nation. In a similar manner, law making constitutions and bodies created by government have the responsibility of ensuring that the national laws, standards and regulations are followed and complied with. These include regulatory bodies, courts, rehabilitation centres as well as other law-making establishments. Smooth and proper functioning of these establishments is essential for the proper running of a nation. Zambia has seen growth and development in the past few years and this can be attributed to the contribution from its economic sector. At the same time, the current government of Zambia is facing numerous challenges and limitations, especially in the area of law making as well as speedy court processes. A prime example of these limitations can be observed from the Portland Cement Zambia case.

Dr-Rajan-Mahtani

Portland Cement Zambia case was initiated by Dr. Rajan Mahtani after the factory was illegally captured. Instead of using the same tactics and getting back the factory by illegal or unethical means, Dr. Mahtani took the legal path and launched the compliant. However, it has been more than ten years since the launch of the case and the court has not been able to provide any concrete judgment on the case, till now. During the trial period, Dr. Mahtani and his lawyers submitted numerous documents and evidences that prove his legal worthiness over the factory. Also, the judge overseeing the case announced that case hearing was closed which was a positive news for Dr. Mahtani considering his evidences and testimonials were more than enough to prove his legal ownership over the factory.

Zambezi Portland Cement

However, the final announcement was made and it shocked everyone. Final judgment was given against Dr. Mahtani’s claims. As such, Dr. Rajan Mahtani has now approached the higher court of appeal to refute the misdirected judgment made at the Lusaka High Court.