Dr. Rajan Mahtani was announced as the majority shareholder and legal owner of the Portland Cement Zambia factory by higher Court of Appeal, after the former made a claim at the higher Court of Appeal. However, it was once again challenged by the Ventriglia family claiming it to be false and untrue. Nevertheless, the Supreme Court established a bench of three judges for evaluating the claim. During evaluation, the bench discovered that a critical legal requirement was not followed by the infamous Italian family. In this legal requirement, any case against a previous court decision should be submitted within 14 days of the decision itself. The higher Court of Appeal…
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Court Of Appeal Declares Dr. Rajan Mahtani As Majority Shareholder And Owner Of Portland Cement
On 31st January 2019, the Court of Appeal announced its final judgement on the Portland Cement Zambia case. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the factory. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. This decision from the Court of Appeal also aligned with the original shareholders agreement established in the year 2007 and further confirms Dr. Mahtani’s ownership over the factory. While giving this judgement, justice Mwinde from the Court of…
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Portland Cement Zambia Case Finalised, Dr. Rajan Mahtani Given Majority Shareholding & Ownership
The case of Portland Cement Zambia is known to all. First registered at the Lusaka High Court by Dr. Rajan Mahtani, the case stretched for more than a decade. Even after sharing numerous evidences and testimonials, the final judgement from the court was extremely controversial. According to this judgement which was given by justice Nkonde after more than a decade, Ventriglias were only shareholders of the Zambezi Portland Cement. To counter this decision, Dr. Rajan Mahtani then approached the Court of Appeal. The judgement from Court of Appeal came on 31st January 2019, around nine months after the case was registered there. The announcement was given by justice Mwinde during…
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Dr. Rajan Mahtani Declared Owner Of Portland Cement Zambia By Court Of Appeal
31st January 2019 was an important day for Dr. Rajan Mahtani. On this day, he was given back the Portland Cement Zambia which he claimed more than a decade ago. Read More..
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After A Decade Of Fight, Dr. Rajan Mahtani Has Been Announced As Majority Shareholder And Legal Owner Of PCZ
After years of patient wait, Dr. Rajan Lekhraj Mahtani has been announced as the legal owner and majority shareholder of the Portland Cement Zambia factory. Read More..
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Judgement From The Court Of Appeal Extremely Transparent, Provides Justice After More Than A Decade
31st January 2019 was an important day for Dr. Rajan Mahtani. On this day, he was given back the Portland Cement Zambia which he claimed more than a decade ago. Read More..
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PCZ Becomes The Longest Running Case For Dr. Rajan Mahtani, Court Of Appeal Gives Final Judgment
Dr. Rajan Mahtani waited for ten years patiently, even when chances for winning the case were slim. This wait was for Portland Cement Zambia, a noted cement manufacturing factory. Read More..
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Transparent Judgement Given By Court Of Appeal Judge, ZPC Ownership Given To Dr. Rajan Mahtani
On 31st January 2019, the final judgement on the Portland Cement Zambia case was announced at Court of Appeal. Read More..
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Dr. Rajan Mahtani Receives Justice After More Than A Decade Of Patience And Perseverance, Wins Portland Cement Zambia Case
After ten years of patient wait and perseverance, Dr. Rajan Mahtani is finally the legal owner of the Zambezi Portland Cement factory. Read More..
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Court Of Appeal Provides Transparent Judgement, Confers Dr. Mahtani As Legal Owner Of PCZ
For the past ten years, Dr. Rajan Lekhraj Mahtani fought for the legal takeover of the Zambezi Portland Cement. Read More..