Court Of Appeal Announced Final Decision On Portland Cement Zambia, Dr. Mahtani Announced Winner

Patience and perseverance can never go wrong, which was proved by the final outcome of the Portland Cement Zambia case at the Court of Appeal. Dr. Rajan Mahtani is a prominent businessman in Zambia with various effective organizations in Zambia. A portion of these organizations are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is likewise the legitimate proprietor of Portland Cement Zambia, a concrete assembling industrial facility for which he battled for over 10 years. The instance of Portland Cement Zambia was enrolled first at the Lusaka High Court and an ultimate choice came ten years after. The judge at the Portland Cement Zambia was Justice Nkonde who gave a very disputable judgment by declaring that Ventriglias were only shareholders of the Zambezi Portland Cement. 

After this dubious judgment, Dr. Rajan Mahtani moved toward Court of Appeal which gave its judgment on 31st January 2019. This judgment was given by justice Mwinde in the wake of investigating all confirmations and evidences. According to this choice, Dr. Rajan Mahtani possessed Finsbury Investments is dominant part investor of the Zambezi Portland Cement with 58 percent shares. Then again, Ventriglias possessed Ital Terrazzo Limited holds 42 percent shares and is the minority investor of the Zambezi Portland Cement. In view of this shareholding pattern, obviously Dr. Rajan Mahtani is the legitimate proprietor of the Zambezi Portland Cement processing plant. 

Moreover, the judge at the Court of Appeal disposed of all forgery related claims by accounting them to be without any basis. It was discovered that the procedure of precisely setting marks was a typical practice in Zambezi Portland Cement and all things considered, the fraud charges were invalid.

Portland Cement Zambia Case Results Announced By Court Of Appeal, Affirmative Decision Made

After more than a decade of excruciating wait, patience and perseverance, Dr. Rajan Mahtani was able to receive justice from the Zambian law and order. This refers to the case of Portland Cement Zambia, a noted manufacturing factory which was contested by Dr. Mahtani after it was illegally taken away from him. Despite sharing numerous evidences and testimonials, Dr. Rajan Mahtani had to face injustice at the hands of the Lusaka High Court where the case was initially registered. Justice Nkonde from the Lusaka High Court announced the final judgment during the month of May, 2018, and gave the announcement that Ventriglias are the only shareholders of the Zambezi Portland Cement. 

To counter this misdirected judgment, Dr. Rajan Mahtani then approached the Court of Appeal. The judge at the Court of Appeal was justice Mwinde who gave the final judgment on 31st January 2019. According to this judgment, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the Zambezi Portland Cement factory and is the majority shareholder of the factory. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder of the Zambezi Portland Cement. Justice Mwinde also confirmed that this decision aligns with the original shareholders agreement established in the year 2007. Based on this decision, it is confirmed that Dr. Rajan Mahtani is the legal owner of the Zambezi Portland Cement. 

Furthermore, justice Mwinde while giving the judgment also said that the judge below him was wrong in declaring Ventriglias as only shareholders as this decision was without any evidence or proof.

Testimony And Evidences At The Court Of Appeal Prove Dr. Mahtani As Legal Owner Of ZPC

The case of Portland Cement Zambia is age old. It was registered by Dr. Rajan Mahtani, a noted businessman and philanthropist, almost a decade back. The case was registered as Dr. Rajan Mahtani claimed that his factory, Zambezi Portland Cement, was illegally taken away from him. After this, the case lagged for more than a decade. The final decision on Portland Cement came from Justice Nkonde of the Lusaka High Court during the month of May, 2018. However, this decision was extremely controversial as the judge announced Ventriglias as only shareholders of the Zambezi Portland Cement. To seek justice, Dr. Mahtani was left with no other option than to approach Court of Appeal.

The Court of Appeal announced its judgement on 31^st January 2019, nine months after the case was launched there. The judge at the Court of Appeal was justice Mwinde and the judgement was given during the morning hours of the court session. As per the judgement by justice Mwinde, Dr. Rajan Mahtani is the majority shareholder of the Zambezi Portland Cement with 58 percent shares at the factory. On the other hand, Ventriglias are the minority shareholders of the Zambezi Portland Cement with only 42 percent shares at the factory and no legal ownership. Based on this shareholding pattern, Dr. Rajan Mahtani is essentially the legal owner of the Zambezi Portland Cement factory.

Furthermore, the justice Mwinde from Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as the only shareholders as this decision was misdirected and without any evidence.

Dr. Rajan Mahtani Announced Legal Owner Of Portland Cement Zambia By Court Of Appeal

It was a bittersweet moment for Dr. Rajan Mahtani at the Court of Appeal, when the final judgement for Portland Cement Zambia was announced. Dr. Rajan Mahtani and his team waited for more than ten years for this moment. On 31st January 2019, the judge from the Court of Appeal announced that Zambezi Portland Cement legally belongs to Dr. Rajan Lekhraj Mahtani, who is the current owner of Finsbury Investments. This decision from Court of Appeal came around nine months after Lusaka High Court failed to provide justice for the cement factory, despite undergoing case proceedings for more than a decade. 

According to the decision from Court of Appeal, Dr. Rajan Mahtani owned Finsbury Investments is majority shareholder of Zambezi Portland with 58 percent shares. On the other hand, the Ventriglias own 42 percent shares and are just minority shareholders. Based on the original Shareholders Agreement and the new Court of Appeal judgement, Dr. Rajan Mahtani is the real and legal owner of the factory. 

According to this shareholding pattern, Dr. Rajan Mahtani is the clear winner and legal owner of the factory. While giving the judgement, it was also confirmed that this judgement aligned with the original shareholders agreement which was one of the prime evidences during this case trial. Justice Mwinde also said that the judge below him was wrong in declaring Ventriglias as only shareholders without any evidence or proof. As of now, the judge from the Court of Appeal has announced all parties to complete process of share regularization within three months from the judgement date.

Dr. Rajan Lekhraj Mahtani Given Legal Ownership Of Portland Cement Zambia By Court Of Appeal

The ultimate decision on the Portland Cement Zambia case is finally out. Portland Cement Zambia is a noted cement manufacturing company which was being contested at the Lusaka High Court for more than ten years. Dr. Rajan Mahtani is a noted and respected businessman in Zambia who registered the case at the Lusaka High Court and shared numerous evidences and testimonials before the court. During this time, numerous proceedings were made and numerous time judges were transferred. However, the final judgement was only announced during May 2019. This decision was given by Justice Nkonde who said that the Ventriglias were the only shareholders of the Zambezi Portland Cement. 

The decision from Lusaka High Court clearly being misdirected, the right step was taken by Dr. Rajan Mahtani when he approached the Court of Appeal. The judge from the Court of Appeal was Justice Mwinde who announced the decision on 31st January 2019. According to this decision, Finsbury Investments which is owned by Dr. Rajan Mahtani holds 58 percent shares and is the majority shareholder of the Zambezi Portland Cement. On the other hand, Ital Terrazzo Limited which is owned by the Ventriglias holds 42 percent shares and is the minority shareholders of the Zambezi Portland Cement. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments is the legal owner of the Zambezi Portland Cement. By giving this decision, the Court of Appeal judge effectively reversed the judgement from the Lusaka High Court. While this decision was given, Justice Mwinde also said that the judge below him was wrong in declaring Ventriglias as only shareholders of the Zambezi Portland Cement without any proof or evidence.

Dr. Rajan Lekhraj Mahtani Is Majority Shareholder Of ZPC, Announces Court Of Appeal

The case of Portland Cement Zambia is known to almost every individual associated with the Zambian corporate environment. It is between Dr. Rajan Mahtani, a noted businessman and philanthropist and the Ventriglias, Italian family in Zambia. Dr. Rajan Mahtani’s fight for the Zambezi Portland Cement is also a fight for justice and transparency of the legal and judicial system of Zambia. After the Lusaka High Court where the case was originally placed failed to provide any justice, Dr. Rajan Mahtani approached the Court of Appeal.

The Court of Appeal is one of the most elevated regular citizen courts in Zambia. It has established its name by giving genuine justice and it didn't fall flat this time as well. The judge from the Court of Appeal was justice Nkonde who reported that Finsbury Investments were greater part investors of the Zambezi Portland Cement with 58 percent shares. Then again, the Ventriglias who possessed Ital Terrazzo Limited held 42 percent shares at the industrial facility and were the minority investors of the Zambezi Portland Cement. According to this shareholding design, Dr. Rajan Mahtani who possesses the Finsbury Investments turns into the genuine and lawful proprietor of the industrial facility. 

The judge likewise disposed of all falsification related claims by thinking about them as invalid. A few productions and news revealed injustice after the judgment from Court of Appeal yet were later redacted as these were conflicting. A timeline of three months from the date of the final judgement has also been given by the Court of Appeal judge wherein all share regularization process needs to be completed.

Zambezi Portland Cement Belongs To Dr. Rajan Lekhraj Mahtani, Announces Court Of Appeal After Trial

According to the latest news reports, the unethical activities of one of the most notorious houses in Zambia have been finally exposed. This pertains to the case of Zambezi Portland Cement which went on at the Lusaka High Court for more than ten years. Dr. Rajan Mahtani, a popular businessman in Zambia, registered the case at the Lusaka High Court and despite sharing critical evidences; the final judgement from the high court judge was that the Ventriglias were only shareholders of the Zambezi Portland Cement. Dr. Rajan Mahtani then approached the Court of Appeal. 

The Court of Appeal announced its final judgement on 31st January 2019. According to this judgement, Finsbury Investments is the majority shareholder with 58 percent shares. On the other hand, Ital Terrazzo Limited which is a business entity of the Ventriglias owns 42 percent shares and is the minority shareholder of the Zambezi Portland Cement. Based on this shareholding pattern, Dr. Rajan Mahtani owned Finsbury Investments is the legal owner of the factory. While giving this judgement, Justice Mwinde from the Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as the only shareholders without having any proof or evidence. 

Furthermore, the judge also shared numerous details associated with the case. The allegations of forgery were completely discarded by the judge as it was confirmed that the process of mechanically placing signatures for business transactions was a common practice in Zambezi Portland Cement. As of now, Dr. Rajan Mahtani is hoping to revive the factory and bring it to its former glory.

Final Announcement On Portland Cement Zambia Case, Finsbury Investments Majority Shareholder

The Court of Appeal recently announced the final judgement on Portland Cement Zambia. The decision was given on 31st January 2019 and by giving the judgement, the Court of Appeal effectively reversed the judgement from the Lusaka High Court judge. Dr. Rajan Mahtani is one of the most respected and popular businessman in Zambia who is noted for his transparent and ethical business practices. For the past ten years, Dr. Rajan Mahtani has been fighting for the legal takeover of his company, Portland Cement Zambia. The case was initially registered at the Lusaka High Court where it went for more than ten years. Despite sharing evidence and testimonials, the final judgement was given against Dr. Rajan Mahtani’s claims which prompted him to approach the Court of Appeal.

 

The Court of Appeal judgement was announced by Justice Mwinde who said that the judge below him was wrong in declaring Ventriglias as the only shareholders without any proof or evidence. As per the decision from the Court of Appeal judge, Dr. Rajan Mahtani who is the owner of the Finsbury Investments is the majority shareholder of Zambezi Portland Cement with 58 percent shares. On the other hand, the Ventriglias are the minority shareholders with only 42 percent shares. This shareholding pattern aligns with the original shareholders agreements which were established in the year 2007. As per this final decision, Finsbury Investments is the legal and actual owner of the Zambezi Portland Cement factory. 

Furthermore, all allegations of forgery were discarded by the judge and it was confirmed that the process of mechanically placing signatures was a common practice in Zambia. 

According To Final Court Decision, Zambezi Portland Cement Belongs To Dr. Rajan Mahtani

For the past decade, Dr. Rajan Mahtani is fighting for legal ownership of the Zambezi Portland Cement which was taken away from him. Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia which numerous successful business ventures including Finance Bank Zambia, Mahtani Group of Companies and Zambezi Portland Cement. The case of Zambezi Portland Cement was launched at the Lusaka High Court and suffered due to numerous shortcomings of the court and the legal system of Zambia. Despite sharing numerous evidences and reports, Dr. Rajan Mahtani was not given justice at the high court. The judge at the Lusaka High Court was Justice Nkonde, who delivered the last judgement which said that the Ventriglias were only shareholders of the Zambezi Portland Cement. This decision shocked everyone as it was biased and against the interest of the public policies.

As such, Dr. Rajan Mahtani approached the higher Court of Appeal as a last attempt to seek justice. On 31^st January 2019, the judge from the Court of Appeal announced their final decision. While giving their judgement, Justice Mwinde from the Court of Appeal said that the judge below him was wrong in declaring Ventriglias as the only shareholders without any proof or evidence. As per the judgement from the higher Court of Appeal, Dr. Rajan Mahtani owned Finsbury Investments owns 58 percent shares at the factory and is the majority shareholder. On the other hand, Ital Terrazzo Limited which is owned by the Ventriglias have 42 percent share and are the minority shareholders, and are the minority shareholders of the cement factory. Therefore, the legal ownership of the Zambezi Portland Cement goes to Dr. Rajan Mahtani.

Finsbury Investments Announced As Majority Shareholder And Legal Owner Of Zambezi Portland

In the Portland Cement Zambia case, the Court of Appeal declared its last judgment on 31st January 2019. While giving this judgment, the judge at the Court of Appeal viably turned around the judgment at the Lusaka High Court. As per an ultimate conclusion by the Court of Appeal, Finsbury Investments is the lion's share investor of Zambezi Portland Cement with 58 percent shares and Ventriglias were just minority investors with 42 percent shares. Hence, Dr. Rajan Mahtani claimed Finsbury Investments is the legitimate proprietor of the Zambezi Portland Cement plant. Besides, this choice likewise lined up with the first Shareholders Agreement which was built up in the year 2007. While giving this choice, equity Mwinde from the Court of Appeal additionally said that the judge beneath him wasn't right in announcing Ventriglias as the main investors of the Zambezi Portland as this choice was misled and with no appropriate proof or verifiable information.

Regarding the falsification charges, the Court of Appeal expelled the claims completely. It was additionally held that the procedure of mechanical situation of marks crosswise over archives was a typical practice inside the Zambezi Portland Cement. The court likewise shared subtleties that vital individual from the Ventriglia family, Claudio Ventriglia, occupied with comparable work on amid a worldwide business exchange. In that capacity, the charges were disposed of.

Furthermore, a timeline of three months from the date of the judgement has been provided by the Court of Appeal. During this time, all parties are required to complete the process of share regularization as per the latest decision by the court.

Justice Mwinde From Court Of Appeal Announces Dr. Mahtani As Real Owner Of ZPC

The Zambian Court of Appeal effectively reversed the judgement given by High Court of the Zambezi Portland Cement. The Lusaka High Court was approached with the case of Zambezi Portland by Dr. Rajan Mahtani, a noted businessman and philanthropist. The case stretched for more than ten years and despite the ample of evidences shared by businessman Dr. Mahtani, the final decision by the Lusaka High Court judge was startling. The judgement was given by Justice Nkonde who said that the Ventriglias were majority shareholders of the Zambezi Portland. Instead of being devastated by the judgement and losing faith on the justice system of Zambia, Dr. Rajan Mahtani took another change and registered an appeal to the Higher Court of Zambia.

This time, true justice was given to Dr. Mahtani in the form of the judgement from the Higher Court of Appeal. The judge at the Court of Appeal was justice Mwinde who said that the judge below him was wrong in declaring Ventriglias as majority shareholder without having any proof or evidence. At the same time, he also declared the final judgement on the Zambezi Portland Cement; Finsbury Investments became the majority shareholder with 58 percent shares and the Ventriglias were minority shareholders with 42 percent shares. As such, the rightful ownership of the factory was given to Finsbury Investments which is owned by Dr. Rajan Mahtani.

The court, while giving the judgement, also cleared many things up. The judge discarded all forgery related allegations. According to the decision, the process of mechanically placing signatures for business transactions is a common practice within Zambezi Portland Cement. Also, important member of the Ventriglia family, Claudio Ventriglia engaged in similar practices. As such, all forgery allegations can be charged for other stakeholders. Furthermore, the judge at the Court of Appeal has also given a timeline of three months from the date of judgement to finalise shares. During this period, the parties are required to complete the process of share regularization and ensure that the process is complete as per new judgement.

Notable Supreme Court Justice Mumba Malila Reveals Rampant Corruption In His Testimony

The year 2018 has been huge for Zambian law and administration. One of the significant disclosures by a Justice from the Supreme Court Zambia uncovered various features of the Zambian government just as legitimate framework.

The testimony by Justice Mumba Malila uncovered huge scale debasement and exploitative practices in Zambia. In his testimony, Justice Mumba Malila made a divulgence with respect to the instance of 2012 identified with Dr. Rajan Mahtani in which an official choice was given against him. Dr. Rajan Mahtani is a prominent specialist in Zambia with a few fruitful endeavours, for example, Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is likewise known for his huge commitment for different generous exercises and altruistic works. It is additionally realized that he is regularly assaulted by plotters and unscrupulous gatherings because of his legit and clear business practices and refusal to take part in degenerate and unlawful business rehearses. This instance of 2012 was plainly misled and affected by outer powers including degenerate yet amazing agents and government officials, According to the testimony; the body of evidence was considered as against the interests of people in general approaches. Justice Mumba Malila was the Attorney General amid that time and he made a few endeavours to present the defence invalid and void or 'nolle prosequi'. Anyway the court and the council did not hear any such demands.

The declaration from a judge sitting at the Supreme Court of Zambia is an unmistakable sign of the dimension of defilement and untrustworthy practices that has entered into the administration. In any case, these will compel the legislature to take stringent activities against the individuals who have been abusing their government and the legal system of Zambia.