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. 

Friday 1 May 2020

After Appeals To Lusaka High Court Dry Up, Dr. Mahtani Approached Court Of Appeal For Justice



Dr. Rajan Lekhraj Mahtani will perpetually recall the instance of Portland Cement Zambia. It not just tried genuine tolerance from one of the most fair and straightforward businessperson in Zambia, yet in addition uncovered the genuine truth of Zambia's legitimate framework. In spite of being on the moral side, Dr. Rajan Mahtani confronted a few detours and difficulties to definite triumph. The most stunning part of this case is that the discussion came directly from the legal arrangement of Zambia. This one is identified with the Portland Cement Zambia case, a case which crossed longer than 10 years and two diverse legal frameworks of Zambia. First it was the district court, Lusaka HC where the case was at first enlisted by Dr. Rajan Mahtani. With high expectations, desires incorporated a rapid case continuing and sharing of decision dependent on accessible confirmations and tributes. Nonetheless, the case took an unexpected turn when case procedures were hauled for 10 years without giving any positive decision.

After decade long case proceedings, justice Nkonde gave an unfair verdict by declaring Ventriglias as only shareholders of Portland Cement. When further appeals to the Lusaka High Court were rejected, Dr. Mahtani rightly approached the higher Court of Appeal. The judge at the higher Court of Appeal was justice Mwinde and he announced the final decision on 31st January 2019. According to this decision, Dr. Mahtani has already made a payment of one billion kwacha to the Portland Cement Zambia limited in the year 2005. This payment was made in agreement with all stakeholders associated with the factory and gave Dr. Rajan Mahtani 58 percent shares, meaning majority shareholding and legal ownership over the factory.