Rajan Lekhraj Mahtani

The Court of Appeal on 31st January, 2019 turned around the High Court Judgment conveyed by justice Sunday Nkonde S.C., in May, 2018 which held that the Ventriglias were the main investors of Zambezi Portland Cement Limited. In a Judgment conveyed by Justice Mwinde Siavwapa on behalf of the Court of Appeal, which kept going about 90 minutes toward the beginning of the, Judge Siavwapa held that the Judge beneath had misled himself in law and certainty when he held that the Ventriglias were the main investors in Zambezi Portland. What this presently means is that Finsbury Investments Limited is the larger part investor in Zambezi Portland Cement Limited with 58% shares while the Ventriglias claim 42% shares as the minority investors. This is in accordance with the Shareholders Agreement which was gone into between the gatherings in January, 2007. In connection to the claim of fraud, the Court of Appeal completely expelled this charge and held that it was in reality a set ...

On 31st January 2019, Dr. Rajan Lekhraj Mahtani finally received justice for the long-pending Portland Cement Zambia case which was pending for more than a decade. The justice was given by Court of Appeal as the previous court, Lusaka High Court, failed to provide the same. Dr. Rajan Mahtani had initially registered the case at the Lusaka High Court with the hope of getting quick justice as he had all the evidences and testimonials required for proving his legal ownership over the factory. Despite these, the judge at the Lusaka High Court announced that Ventriglias are only shareholders of the Zambezi Portland Cement.  Dr. Rajan Mahtani was not shattered by this judgement and announced that he is going to re-appeal to Court of Appeal. And he re-registered the case at the Court of Appeal. The judgement from the Court of Appeal came around nine months after this appeal, but was worth it. As per the final decision from the Court of Appeal judge, Dr. Rajan Mahtani owned Finsb...