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Showing posts from February, 2019

Dr. Mahtani Wins Major Case At The Court of Appeal, Announced Owner Of Zambezi Portland Cement

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The legal and judicial system of any nation holds an important place as they are the building blocks for the nation’s strength. Apart from the Supreme Court, Court of Appeal is another national court which makes decisions coming from district level courts. Therefore, any decision from the Court of Appeal holds critical value for the nation. A similar decision was given by the Court of Appeal on 31 st January 2019 wherein, it was decided that Dr. Rajan Mahtani owned Finsbury Investment is the majority shareholder of Zambezi Portland Cement. This decision effectively reversed the judgment from Lusaka High Court judge on May 2018 which concluded that Ventriglias were only shareholders of the Portland Cement Zambia. However, this decision was condemned heavily as the decision was made without sufficient facts, evidence or testimonials. The judge at the Lusaka High Court was also considered wrong for sharing this wrongful judgment. As per the details from the Court of Appea...

Dr. Rajan Mahtani Considered Winner For The Zambezi Portland Cement At Court Of Appeal

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Zambezi Portland Cement is a cement assembling industrial facility which was challenged by two noteworthy business parties in Zambia for over 10 years. These included Dr. Rajan Mahtani, a prominent industrialist and agent and the other contender were the Ventriglia family. Amid the case procedures which proceeded for 10 years, a few critical reports and confirmations were shared by Dr. Rajan Mahtani to demonstrate his legitimate case. Notwithstanding, every one of these confirmations were of no utilization as an ultimate conclusion was given against him. After which, an intrigue was put at the Court of Appeal. The Court of Appeal reported its last judgment on 31st January 2019. According to this judgment, Dr. Rajan Mahtani is greater part investor at the Zambezi Portland Cement. This judgment viably turns around the judgment given by the Lusaka High Court Judge Justice Nkonde. The judgment at the Court of Appeal occurred amid the early morning session and went on for aro...

Dr. Rajan Mahtani Majority Shareholder Of Zambezi Portland, Confirms Court Of Appeal Judgment

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The court of Appeal on 31st January 2019 made a standout amongst the most vital choices of the year. This choice is identified with Zambezi Portland, a prominent cement manufacturing industrial facility in Zambia. Another vital name related with the manufacturing plant is Dr. Rajan Mahtani, a prominent businessman with many years of successful business involvement in Zambia. Dr. Rajan Mahtani had been battling a case at the Lusaka High Court for over 10 years. In spite of sharing various basic proof and tributes, the last judgment was given against his cases. After this choice, Dr. Rajan Mahtani moved toward the Court of Appeal . Justice Mwinde Siavwapa iterated that the judge beneath him, Justice Nkonde, wasn't right in pronouncing Ventriglias as just investors without thinking about the confirmations. According to the most recent judgment at Court of Appeal, Finsbury Investments claimed by Dr. Rajan Mahtani is the dominant part investor with 58 percent offers at t...