Dr. Rajan Mahtani Owned Finsbury Investments To Remain The Legal Owner Of Portland Cement

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 of the Zambezi Portland in spite of the confirmations and tributes saying something else.
Therefore, this claim was tested by Dr. Rajan Mahtani at the higher Court of Appeal. Justice Siavwapa from the higher Court of Appeal, subsequent to investigating the confirmations, tributes and different realities, ousted the judgment from the lower Lusaka High Court and reported that it is Dr. Rajan Mahtani claimed Finsbury Investments which is the real proprietor of the Zambezi Portland Cement with 58 percent shares. This choice from the higher Court of Appeal was accomplished when the appointed authority from the Court of Appeal excused all discoveries of extortion by Justice Nkonde of Lusaka High Court.
After this straightforward and fitting judgment from the higher Court of Appeal, the Ventriglia family decided to make an appeal against the decision. Nonetheless, a bench comprising Supreme Court Judges including Mumba Malila, Royda Kaoma and Michael Musonda arrived at the resolution that Ventriglias’ claim did not fulfil the legal requirement as the Ventriglia failed to submit their claim within 14 days of the court decision of higher Court of Appeal. Therefore, the claim by the Ventriglias was rejected by the Supreme Court Zambia. The Bench from the Supreme Court of Zambia, hence, acknowledges Dr. Rajan Mahtani as a definitive proprietor of the Portland Cement manufacturing plant.

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