Recently, the Supreme Court Zambia concluded its decision on the long-standing Zambezi Portland Cement case. This decision was pertaining to a claim submitted by the Ventriglia family regarding the disputed cement-manufacturing factory. When establishing their challenge, the Ventriglia family had claimed that the decision from the higher Court of Appeal to give majority shareholding and legal ownership to Dr. Rajan Mahtani owned Finsbury Investments was wrong. Furthermore, they also claimed that the actual amount against majority shares of the Portland Cement amounted to K580 million and not K580,000 as finalised by the higher Court of Appeal judge. The court verdict against which the Ventriglia family claimed was given on 31st…
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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…
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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…
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Appeal By Ventriglias To Revoke The Court Of Appeal’s Decision On Portland Cement Rejected By SC
The latest decision by Supreme Court Zambia on the Portland can be easily described as the final stamp for the Portland Cement Zambia case. Being the topmost legal entity of the nation, the decision of Supreme Court Zambia on the Portland Cement case is final. However, the factory and its legal owner had to face several challenges before gaining legal control over the factory. After the controversial decision from the Lusaka High Court wherein judge Nkonde announced Ventriglias as the only shareholders of the Portland Cement factory, Dr. Rajan Mahtani successfully appealed to the higher Court of Appeal challenging the Lusaka HC decision after fulfilling all legal obligations. On 31st…
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Dr. Rajan Lekhraj Mahtani Clarifies Fake Allegations, Will Be Registering Case
Zambia is a developing nation. The company is marred with significant corruption and unethical practices, bringing those down who are trying to establish honest and ethical businesses. However, there are few businessmen who have successfully maintained an ethical and transparent business reputation and Dr. Rajan Mahtani is one of them. As a result of his straightforward business nature, he is consistently attacked by scrupulous and corrupt parties. There have been many fake campaigns, negative news and reputational attacks on Dr. Rajan Mahtani but these attacks often fade on their own. While the latest attack on Dr. Rajan Mahtani is not surprising, the individual behind the attack surely surprised everyone. Networking,…
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Dr. Rajan Mahtani Gives His Statement In Press Release, Thrashes Defamatory Posts
Since his first venture and rising prominence as a successful businessman, Dr. Rajan Mahtani has maintained a transparent and straightforward business practice. As such, negative reputation, fraudulent and defamatory news media is common for Dr. Rajan Mahtani. Dr. Rajan Mahtani faced a similar issue recently when a defamatory post was shared against him. This post was shared by Miriam Mwanawasa, the daughter of the late ex-President Levy Mwanawasa. This post is different from the other posts and campaigns due to the reason that Dr. Rajan Mahtani had shared a long-standing professional and personal relationship with Levy Mwanawasa. As such, the news about a defamatory post coming from Mwanawasa family was…
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Portland Cement Zambia Case Over After More Than Ten Years Of Court Fight, Dr. Mahtani Wins Case
The case of Portland Cement Zambia clearly highlights the challenges and nuisances honest and ethical businessmen go through when approaching the legal and judiciary systems. Zambia has been struggling for a long time and this struggle has only increased with political, legal and economic environmental becoming more complex. As such, it is expected that getting justice or growing one’s business in an ethical manner will be tough. For Dr. Rajan Lekhraj Mahtani, these challenges have been much higher as a result of his clean reputation, honest and ethical business practices and straightforward character. Despite these challenges, Dr. Rajan Mahtani has never been the one to back-out from transparent and ethical…
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Dr. Rajan Lekhraj Mahtani Successfully Clears All Hurdles Of The Case, Wins After A Decade Of Wait
The way to progress is rarely simple. It is constantly loaded up with barriers and difficulties just as individuals and foundations attempting to obstruct those with moral basics. Dr. Rajan Mahtani has been in a comparable way for a long time wherein people and foundations have attempted to stigmatize him out of envy. In a battling country like Zambia, Dr. Rajan Mahtani has been and exceptional businessman to have worked based only on transparent and ethical policies and practices. With devotion and energy, Dr. Rajan Mahtani made progress as a few top organizations in Zambia. A portion of these included Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia.…
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After A Controversial Judgement From The Lusaka High Court, Dr. Mahtani’s Approach To Higher Court Of Appeal Successful
Dr. Rajan Lekhraj Mahtani is among those few businessmen in Zambia who have achieved success despite the widespread corruption and unethical practices across the nation. The economy of Zambia is marred with people either facing corruption or corrupting others with their power. Dr. Rajan Mahtani has been facing these challenges for around the time he started his business ventures across the nation. Among these challenges, the greatest has been Portland Cement Zambia case. The factory was unethically taken over and despite more than a decade of case proceeding and running around the court, justice was not given for Dr. Rajan Mahtani. On the other side, the unethical and controversial verdict…
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Dr. Rajan Lekhraj Mahtani Is Now Tasked With More Challenging Goal, Portland Cement’s Revival
The struggle for Portland Cement Zambia is halfway over. Dr. Rajan Lekhraj Mahtani worked tirelessly for more than a decade to get back legal ownership of Portland Cement. First it was Lusaka High Court where the case was registered after making claims that the factory was unethically taken over. However, the final judgement came from the Court of Appeal wherein justice Mwinde declared Dr. Rajan Mahtani as the legal owner and majority shareholder of Portland Cement with payment of one billion kwachas and ownership of 58 percent shares of the factory. This decision came on 31st January 2019 after more than a decade of wait from Dr. Mahtani. One would…
