In a recent bizarre case, the Ventriglia family registered a claim at the Supreme Court Zambia. In their claim, the Ventriglia family challenged the previous decision from the higher Court of Appeal. Justice Mwinde from the higher Court of Appeal had earlier made the announcement that the decision from the Lusaka High Court on Portland Cement was unjustified and misdirected. He further confirmed that Dr. Mahtani is the majority shareholder and legal owner of the Portland Cement Zambia factory.
In this case, Antonio Ventriglia and Manuela Ventriglia fought that the Court of Appeal’s judgment was modified when justice Siavwapa reported that investors’ register of Portland Cement ought to reflect 42% offers possession by Ventriglias claimed Ital Terrazzo Limited. Justice Mwinde additionally proclaimed that the sum payable to Ventriglias is K580,000. Nonetheless, the Ventriglias in their claim guaranteed that the genuine sum payable to them was K580 million. A seat of three adjudicators was set up to assess this case. These included Judge Michael Musonda, Judge Royda Kaoma and Judge Mumba Malila. After assessment, the adjudicators consistently concurred that the Ventriglias neglected to report their claim inside fourteen days after judgment of Court of Appeal which was 31st January 2019, and not after this judgment.
All things considered, the appointed authorities concurred that they didn’t have any purview in engaging their allure as the conditions were lawfully imperfect. The appointed authorities likewise concurred that Finsbury Investments took the correct choice by summoning Rule-19 with the target of ruining the advancement of doomed allure from the Ventriglias. As indicated by the seat, the allure made by the Ventriglias can’t be thought about as its heightening or assessment to the court will add up to nothing. Thus, the case by the Ventriglias was viably excused by the Supreme Court and thus, the Supreme Court judges further established the fact that Dr. Rajan Lekhraj Mahtani is to remain the majority shareholder and legal owner of Portland Cement factory.
