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Showing posts from March, 2019

According To The Judgement By Court of Appeal, Dr. Rajan Mahtani Is Majority Shareholder Of Zambezi Portland

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The Court of Appeal declared its official choice on Zambezi Portland Cement. As indicated by this choice, Dr. Rajan Mahtani is the genuine proprietor of the Zambezi Portland Cement processing plant. Finsbury Investments, which is possessed by Dr. Rajan Mahtani , holds 58 percent shares at the manufacturing plant. Ventriglias claimed Ital Terrazzo Limited holds 42 percent shares at the industrial facility and are just minority investor. In that capacity, the Court of Appeal successfully turned around the judgment by the Lusaka High Court. While giving this choice, justice Mwinde from the Court of Appeal additionally said that the judge beneath him wasn't right in proclaiming Ventriglias as the only shareholders of the Zambezi Portland Cement manufacturing plant. New subtleties were additionally uncovered amid the basic leadership process at the Court of Appeal . The last judgment took over an hour and a half amid the morning long stretches of 31st January 2019 and a...

Legal Ownership Of Zambezi Portland Cement Given To Dr. Rajan Mahtani After Announcement By Court of Appeal

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This choice from Court of Appeal came around nine months after the Lusaka High Court gave the judgment against Dr. Rajan Mahtani's allure. The case was initially enlisted at the Lusaka High Court and following ten years of case procedures, justice Nkonde shared his ultimate conclusion. As per this choice, Ventriglias were the main investors of Zambezi Portland Cement. Notwithstanding, this choice was misled as it was given with no proof or confirmation. Dr. Rajan Mahtani then moved toward the higher Court of Appeal which gave its ultimate choice on 31st January 2019. As per this choice, Dr. Rajan Mahtani possessed Finsbury Investments is the majority share investor with 58 percent shares and Ventriglia claimed Ital Terrazzo Limited is the minority investor with 42 percent shares. Thus, the legal responsibility for Zambezi Portland Cement straightforwardly goes to Dr. Rajan Mahtani. Besides, the judge at the Court of Appeal likewise said that the judge underneath hi...

As Per The Latest Decision By Lusaka High Court, Dr. Rajan Mahtani Real Owner Of Zambezi Portland

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The case of Portland Cement Zambia is finally closed. The case was contended by two major business parties within Zambia- Dr. Rajan Mahtani and the Ventriglias. Dr. Rajan Mahtani is a noted businessman and philanthropist in Zambia with numerous successful business ventures such as Finsbury Investments and Mahtani Group of Companies. He is also the proud owner of several international businesses, some across developed nations such as the United Kingdom. On the other hand, The Ventriglias are infamous for their unethical business practices and use for force for getting business advances. As such it was a surprise for everyone when the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement. It was a shock to everyone including Dr. Rajan Mahtani who had presented evidences which were strong enough to prove his legal authority over the factory. However, Dr. Rajan Mahtani did not lose faith on the Zambian justice system and launch...

Dr. Rajan Lekhraj Mahtani Finally Received Legal Ownership of Zambezi Portland Cement From the Court of Appeal

Dr. Rajan Mahtani had to wait for more than a decade for getting true justice for Zambezi Portland Cement. But finally, this wait is over. Lusaka High Court, on May 2018, declared that Ventriglias were only shareholders of the Zambezi Portland Cement. This choice was given regardless of the important evidences and facts shared by Dr. Mahtani that adequately demonstrated that he is the genuine proprietor of the plant. Likewise, Lusaka High Court declared that Ventriglias were just investors of Zambezi Portland Cement, a choice which was denounced by all. Then again, the Court of Appeal satisfied its desires. On 31st January 2019, the judge administering the Zambezi Portland Cement case at the Court of Appeal declared its official choice. According to this choice, Finsbury Investments is majority shareholder of Zambezi Portland Cement with 58 percent shares. Then again, Ventriglias are minority shareholders with 42 percent shares. This choice likewise lines up with the firs...

Justice On Zambezi Portland Finally Out, Finsbury Investments And Dr. Rajan Mahtani Rightful Owner

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The Court of Appeal made a critical declaration on 31st January 2019 by giving full responsibility for Portland Cement to Dr. Rajan Mahtani. The bond manufacturing plant was challenged by Dr. Rajan Mahtani and Ventriglias at the Lusaka High Court for as long as ten years. Regardless of sharing various solid confirmations and realities, an ultimate choice of the Lusaka High Court judge was that the Ventriglias were only shareholders of Portland Cement Zambia . Be that as it may, the choice by the Court of Appeal cleared things on 31st January 2019. The court procedures occurred amid the morning hours and took right around an hour and a half to finish. The judge giving the judgment was Justice Mwinde who said that the judge underneath him wasn't right in announcing Ventriglias as only shareholders. According to the most recent judgment by Court of Appeal, Finsbury Investments holds 58 percent shares at the Zambezi Portland Cement production line and is the majority sh...