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Showing posts from June, 2019

Dr. Rajan Lekhraj Mahtani Announced As Majority Shareholder Of The Zambezi Portland By Court Of Appeal

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It is a true saying that honesty and transparency go a long way. This phrase cannot be understood better than with the case of Dr. Rajan Mahtani. He is one of the most respected and celebrated businessman in Zambia. Despite facing several challenges and issues such as corruption, limitations and shortcomings of the Zambian legal and political system, Dr. Mahtani has continuously worked towards ethical and transparent business practice as well as towards the betterment of the Zambian society. Dr. Rajan Mahtani had launched the Portland Cement Zambia case at the Lusaka High Court almost ten years ago. However, the final judgement from the court was announced only in 2018. And that too, a controversial one. The judge from the Court of Appeal announced that Ventriglias were only shareholders of the Zambezi Portland Cement.  To counter this misdirected judgement, Dr. Rajan Mahtani then approached the Court of Appeal. The Court of Appeal announced its final judgement on 31st Janua

As Per Final Decision From Court Of Appeal, Dr. Mahtani Legal Owner Of Zambezi Portland Factory

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Dr. Rajan Mahtani is a noted businessman and philanthropist in Zambia with numerous successful businesses. Some of his top companies in Zambia are Mahtani Group of Companies and Finsbury Investments. He is also the owner of many successful international businesses, majorly in United Kingdom. Despite the various hardships and challenges he has been continuously facing while working in Zambia, Dr. Rajan Mahtani has never shied away from ethical and transparent business policies and practices. While majority of the companies and individual businesses in Zambia sooner or later give in to unethical and illegal activities, Dr. Rajan Mahtani has stayed his ground and has always maintained an ethical and transparent business policy for all his companies.  Dr. Rajan Mahtani’s true patience was tested when the Portland Cement Zambia factory was illegally taken away from him. After that, he registered a case at the Lusaka High Court. However, the challenges of the Zambian legal system

Dr. Rajan Mahtani Owned Finsbury Investments Announced Majority Shareholder Of ZPC

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31st January was a historic day for Dr. Rajan Mahtani as he received true justice for his patience and perseverance. Dr. Rajan Mahtani is a noted businessman and philanthropist who have been fighting for the legal takeover of the Zambezi Portland Cement for the past ten years. The case was first registered at the Lusaka High Court where it remained pending for more than a decade. Despite sharing evidences and testimonials, the judge from the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement.  As such, Dr. Rajan Mahtani was left with no choice but to approach the higher Court of Appeal. The judge from the Court of Appeal was justice Mwinde and he announced the final decision on 31st January 2019. This announcement effectively reversed the judgement from Lusaka High Court judge. According to the Court of Appeal’s decision, Finsbury Investments holds 58 percent shares and Ital Terrazzo Limited holds 42 percent shares at the Zambez