Sunday, 3 May 2020

Ownership Of Portland Cement Goes Back To Dr. Rajan Lekhraj Mahtani After Court Fights


After over nine months of granulating case procedures, truth-chasing and proof checking, the adjudicator at the higher Court of Appeal at long last gave the choice on the long pending Portland Cement Zambia case. This case, which began over 10 years prior and was one of the greatest and most steady cases for Dr. Rajan Lekhraj Mahtani, has at long last finished. Dr. Rajan Mahtani is referred to Zambians as one of the most moral, straightforward and legitimate representative, business visionary and specialist in Zambia. Thusly, it was clearly stunning for all when equity Nkonde from the Lusaka High Court reported after over a time of court procedures that Ventriglias were just investors of the Portland Cement Zambia manufacturing plant. This choice was in fact dubious and subsequently, left Dr. Mahtani with no decision than to move toward the higher Court of Appeal. 
In contrast to the past appointed authority, equity Mwinde from the higher Court of Appeal focussed just on the authentic confirmations. Shockingly, these confirmations were likewise introduced to the Lusaka High Court judge in composed and oral configuration and regardless of having these confirmations, a questionable choice was given. By and by, the choice from the higher Court of Appeal judge was significant as it was given dependent on the confirmations and one after another, inside nine months of case procedures. The evidences clearly confirmed that Dr. Mahtani paid one billion kwachas to Portland Cement limited and gained majority shareholding of the factory with 58 percent shares. 
After looking into these confirmations, Dr. Rajan Mahtani was announced as only majority shareholder and legal owner of the factory on 31st January 2019. 

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