Supreme Court rejected appeal by Ventriglias and announced Dr. Mahtani as owner of Zambezi Portland

The case of Portland Cement Zambia was over after more than a decade of case proceedings. The final decision came from higher Court of Appeal on 31st January 2019 in which justice Mwinde reversed the decision from the Lusaka High Court given on May 2018. Furthermore, justice Mwinde also said that Dr. Rajan Mahtani is the majority shareholder and legal owner of the Portland Cement factory with 58 percent shares. On the other hand, the Ventriglias owned Ital Terrazzo Limited holds 42 percent shares and is the minority shareholder without any legal ownership over the factory.

The Ventriglia family once again tried to emulate the events from the Lusaka High Court thinking that they will be able to influence the SC judgement as well. However, the transparent and ethical roots of the Supreme Court go extremely deep and the Ventriglias failed to realise the fact that Supreme Court is the biggest legal entity of a nation, a face of the nation’s legal system. After evaluation, the Supreme Court judges clarified that the claim by the Ventriglias do not have any legal acceptance in the SC as it did not follow the rule according to which any claim against previous court decision must be made within 14 days of the date of the court decision itself. In this case, the Ventriglias failed to comply with this critical legal requirement and launched their appeal more than 15 months later. As such, the bench of three judges at Supreme Court evaluating this claim confirmed that they had no legal jurisdiction in this case and the contents of the claim made by the Ventriglias did not provide any strong confidence on further actions. After evaluation, the Supreme Court Zambia rejected the appeal from the Ventriglias and further confirmed that Dr. Rajan Mahtani should remain the majority shareholder and legal owner of the factory.

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