The instance of Portland Cement Zambia case appears to continue forever. In the last turn of occasion, the Supreme Court of Zambia tossed out the claim from the Ventriglia Family which tested the choice from the Higher Court of Appeal that Dr. Rajan Mahtani claimed Finsbury Investments is the larger part investor of the Portland Cement Zambia processing plant. The instance of Zambezi Portland Cement is age old as it was first enrolled at the Lusaka High Court over 10 years prior. After court procedures that extended for over 10 years, Justice Nkonde from the Lusaka High Court gave a dubious record reporting the Ventriglias as the larger part investors…
-
-
Dr. Rajan Lekhraj Mahtani Remains Rightful Owner Of Portland Cement After Supreme Court Decision
Dr. Rajan Lekhraj Mahtani is a noted business in Zambia who registered the case of Portland Cement Zambia at the Lusaka High Court. This case at the Lusaka High Court went for more than a decade. In the month of May, 2018, justice Nkonde on behalf of the Lusaka High Court announced that the Ventriglias were the only shareholders of the Portland Cement Zambia. It was later revealed that this decision was misdirected and influenced by political meddling, power politics as well as corrupt practices from corrupt business houses. Nevertheless, immediately after the misdirected decision from the Lusaka High Court, Dr. Rajan Mahtani approached the higher Court of Appeal following…
-
Controversial Claim From The Ventriglias Rejected By The Supreme Court Bench After Evaluation
After more than 16 months of the decision from the Higher Court of Appeal on Portland Cement Zambia, the Ventriglias again made a claim at the Supreme Court Zambia, challenging the decision of the previous court higher Court of Appeal on the Portland Cement’s decision. In their claim, the Ventriglias challenged that the decision from the higher Court of Appeal to reverse the judgement of Lusaka High Court was wrong. They also claimed that the actual amount which Dr. Rajan Mahtani is to pay against the shares is K580 million and not K580,000. However, this very challenge from the Ventriglias reeks confusion and deceit. If the decision from the higher…
