Rajan Mahtani News

The corporate environment of Zambia is well aware of the notorious Zambezi Portland Cement case. The case went from courts to court and from judges to judges, without getting justice. The first court was Lusaka High Court where Dr. Mahtani registered his case with the hope of quick and easy win. However, he was received with disappointment when even after a decade of case being dragged at the court, justice was not served. Then came the Court of Appeal where the case was re-registered again and the hopes were high as the Court of Appeal is among the highest judiciary systems in Zambia. This time, justice was served quick and fast and in a transparent manner. This was possible only due to the fact the justice Mwinde on behalf of the Court of Appeal evaluated all documents, evidences and testimonials submitted and only after that provided his final decision on the case. The first major document was the contract with all details of the financial transaction which occurred in...

One of the few notable businessmen of Zambia in Dr. Rajan Mahta ni who is considered as noble, ethical and transparent despite the ever-growing corruption and unethical practices in Zambia. The ethical patience of Dr. Rajan Mahtani can be easily seen from the fact that despite not getting ethical judgement from the Lusaka High Court, Dr. Mahtani never resorted to unethical practices to get back his factory. Instead, he once again put his faith within the legal and judiciary system of Zambia by re-appealing to the higher Court of Appeal. The Court of Appeal is among the highest legal and judiciary system in Zambia and it surely did not disappoint. On 31st January 2019, justice Mwinde announced the final decision on behalf of the Court of Appeal. However, this decision was given only after all evidences, testimonials and other details submitted by both parties were evaluated properly and thoroughly. For instance, evaluation of the evidences concluded that in the year 2005, Dr....

There is a difference between people who engage in charitable activities just for show and those who have true intentions of helping others. Dr. Rajan Mahtani comes in the latter category. During his long business vocation in Zambia just as other significant countries, for example, United Kingdom, Dr. Mahtani has given social, money related and monetary alleviation to the neighbourhood networks in different manners. Be it his foundation exercises for development of remedial focuses in Zambia, gifts to NGOs and ecological organizations just as setting up organizations and adventures for giving business chances to the neighbourhood networks. Dr. Mahtani has constantly focussed on the individuals and their advantages before thinking about his own and his associations. In spite of this, dominant part of the associations under the responsibility for. Rajan Mahtani have stayed beneficial since their beginnings. This has been conceivable by acceptable administration of individuals,...

After evaluating the details associated with Zambezi Portland Cement which is one of the longest pending cases in Zambia, it is established that despite the various challenges and shortcomings of the Zambian legal system, Dr. Mahtani has managed to remain in an ethical and transparent path. It is a public knowledge that justice Nkonde on behalf of the Lusaka High Court gave an extremely controversial judgement according to which Ventriglias were announced as only shareholders of Portland Cement.  To counter this misdirected judgement, Dr. Rajan Mahtani the rightly approached the higher Court of Appeal. The judge at the higher Court of Appeal was justice Mwinde and the final decision from the court came on 31st January 2019. Justice Mwinde also shared some critical details with the help of which he came to the final decision. The first detail was the financial transaction in which Dr. Rajan Mahtani paid 1 billion kwachas to the Zambezi Portland Cement which covered the ent...

It can be easily said that Dr. Rajan Mahtani’s patience and faith in the Zambian justice system has been finally rewarded with the Court of Appeal judgement. The Portland Cement Zambia case highlights the legal system of Zambia from two varied perspectives. At one side, Dr. Rajan Mahtani faced tremendous issues with respect to the case when he was denied justice at the Lusaka High Court despite the case being dragged for more than a decade. On the other hand, Dr. Rajan Mahtani ultimately received justice by being transparent and following ethical path.  The Court of Appeal provided its final judgement on 31st January 2019. According to this judgement, Dr. Rajan Mahtani is the actual owner of the Portland Cement Zambia factory. This decision was given based on the available and firm evidences provided before the court. It was found that Finsbury Investments, a holding company of Dr. Rajan Mahtani paid 1 billion kwachas amount to USD 250,000 to the Zambezi Portland Cemen...

Dr. Rajan Lekhraj Mahtani was finally given justice after several years of patient wait. This justice pertains to the case of Portland Cement Zambia, the final statement for which was announced at the Court of Appeal on 31st January 2019. Based on this statement, it was confirmed that Dr. Mahtani held 58 percent ZPC shares through his company Finsbury Investments and is the actual owner of the Portland Cement Zambia factory. The Ventriglias, on the other hand, holds just 42 percent shares and were declared as minority shareholders.  The decisions from the Court of Appeal and further declaration of the details associated with the case showcase the various challenges Portland Cement faced due to the limitations and shortcomings of the Zambian legal system. It was discovered that the procedure of mechanical situation or electronical appending marks for business exchanges was a typical just as acknowledged practice at the Zambezi Portland Cement. In that capacity, making c...