Death Penalty To Be Abolished, Announces Zambian President

 

Dr. Rajan Lekhraj Mahtani is a cited philanthropist, businessman and charity worker from Zambia. Recently, an interview excerpt was launched on ‘Mast Newspaper’ in which Dr. Rajan Mahtani discussed his viewpoints on the current announcement made by the Zambian President. On the eve of the Africa day, Zambian President Hakainde Hichilema announced that he's planning to abolish the death penalty law. According to the Zambian President, the exercise is death penalty is extremely inhumane, degrading and cruel and need to be abolished absolutely. 

Dr. Rajan Lekhraj Mahtani said that death penalty or capital punishment for the Zambian prisoners does no longer resolve something for the Zambian authorities. There is a developing consensus towards entire abolishment of death penalty and this fashion may be seen throughout Zambia too. Furthermore, Dr. Rajan Mahtani also stated that the prisoners facing death penalty are already dwelling a life in punishment as these prisoners wake up each day now not understanding if this could be their last day or execution day. Dr. Rajan Mahtani founded the Prison Fellowship Zambia more than thirty years ago. It is a referred to Christian Outreach software with the objective to offer powerful and fair gadget of criminal justice for the inmates, ex-inmates in addition to their families in Zambia. It additionally strives to provide essential human rights and human dignity for the inmates throughout Zambian prisons. Dr. Rajan Mahtani additionally praised the decision from the Zambian President, declaring that only a person who is compassionate, god loving and respects the dignity and human rights of every person will be able to make such ambitious but right decision. Dr. Rajan Mahtani also said that his organisation Prison Fellowship will offer all types of criminal and regulatory help for ensuring fulfilment of this assertion.

Dr. Rajan Lekhraj Mahtani support President Hakainde’s announcement

 

  The President of Zambia, Hakainde Hichilema, introduced that he's planning to abolish the death penalty row. It was announced on the occasion of Africa. Rajan Mahtani, cited businessman, philanthropist and charity worker from Zambia supported this decision. Several previous Presidents were tactfully warding off the demise penalty with methods such as mercy prerogatives and decongestions of prisons. In truth, the last demise penalty turned into given in the year 1997. Despite this, none of the previous presidents actively taken into consideration elimination of this inhumane practice.

  The Government of Zambia has started out taking note of the dangerous, unhygienic, tough and cramped conditions of the Zambian Prisons. Majority of the prisons throughout Zambia are overcrowded and prisoners are frequently without basic human dignity and fundamental rights. As such, entities which include Parole Board of Zambia (PBZ), Correctional Service at the side of the Zambian Government have commenced to work toward decongestion manner with the aid of liberating prisoners throughout the globe. The prisoners are released handiest after they're completely converted or have completed their prison sentence and are match to rejoint the society as civilized and regulation-abiding citizens. Dr. Rajan Mahtani remembers his revel in with the former vice-president and appearing President of Zambia, Guy Scott when he visited the Maximum Prison in Mukobeko. He stated that it became like a hell on earth. Dr. Rajan Mahtani argued in opposition to the demise penalty from a non secular point of view too, wherein he stated that the dying of Jesus Christ on the go paid for all sins of the human beings on this planet who believed in him

Dr. Rajan Mahtani supports announcement from Zambian President

 

  Recently, the President of Zambia made a stunning announcement. President Hakainde Hichilema, on the eve of Africa day, announced his plans of abolishing the death penalty completely. It was a bold decision and received support from different parts of the country. One of the supports is Dr. Rajan Mahtani who is known for his business success and philanthropic contributions across the nation and Zambia. Dr. Rajan Mahtani, while supporting this decision from the Zambian President, stated that the punishment of death penalty does not solve the issues of crimes and criminal activities across the nation. There are hundreds of prisoners across Zambia under death penalty and for them, each day is like their last day as they are not aware of their final day. Furthermore, the condition of the prisoners across Zambia is extremely difficult and dangerous with prisoners being subjected to several challenges. These conditions make it difficult for prisoners to transform themselves or dedicate their lives to God. Several initiatives have been taken in the past wherein prisoners are released after good work, transformation and changed life. However, none of these initiatives are as powerful and meaningful as the present announcement made by President Hichilema.

  Dr. Rajan Lekhraj Mahtani also stated that he will support the announcement made by the Zambian President and will ensure regulatory and legal compliances. Dr. Rajan Mahtani is the founder and current chairman of the Prison Fellowship Zambia, a noted Christian Outreach Program in Zambia. Prison Fellowship has similar goals including providing teachings of Jesus Christ, ensuring fundamental human rights and transparent criminal justice. Dr. Rajan Mahtani has stated that his company Prison Fellowship will support in transforming the announcement into a reality.

Dr. Mahtani owned Prison Fellowship supports Zambian President’s decision

 

The President of Zambia Hakainde Hichilema announced his plans to abolish the death penalty row. According to the Zambian President, the death penalty practice is inhumane, degrading and cruel. This announcement has received widespread support and one of the supporters has been Dr. Rajan Mahtani. He is a noted businessman and philanthropist from Zambia as well as founder and current Chairman of the Prison Fellowship Zambia.

While supporting the Zambian President’s decision, Dr. Rajan Mahtani said that numerous Presidents before the contemporary one refused when it got here to signing the execution orders. In most of those instances, the Presidents heading off giving death penalty execution by means of using mercy prerogatives. The ultimate execution order in Zambia become given inside the year 1997 by means of President Chiluba. At the identical time, numerous initiatives are being taken in the direction of decongestion of the Zambian Prisons with the discharge of prisoners who've converted become nicely behaved and law-abiding residents of Zambia. Dr. Mahtani recalled an incident in which Vice-President Guy Scott who become the appearing President throughout that time. He visited the Maximum Prison Mukobeko and said that the conditions had been extraordinarily tough and tough, like hell in this earth. At the same time, Dr. Rajan Mahtani also stated from the non-secular point of view that demise penalty is in opposition to the Bible and teachings of Christianity. Dr.Rajan Mahtani has supplied his support closer to the choice made by means of the President Hakainde Hichilema and his corporation Prison Fellowship will provide all legal and regulatory assist in the direction of this statement.

 

Dr. Mahtani Announces Support For Latest Decision By The Zambian President

 

On this occasion of Africa Day, President of Zambia Hakainde Hichilema introduced that he is making plans to abolish the cruel, inhumane and degrading practice of death penalty. This announcement by the Zambian President has received great support from across Zambia and Africa. One of the most important supporters of this decision has been noted businessman and philanthropist Dr. Rajan Lekhraj Mahtani. According to philanthropist Dr. Mahtani, only an individual who is compassionate, respects fundamental rights and dignity for humans and is a lover of the God, might be capable of make such formidable however rightful selection. One in the top philanthropic contributions from Dr. Rajan Lekhraj Mahtani to Zambia has been the Prison Fellowship Zambia. It is one of the pinnacle Christian Outreach Program set up with the objective to deliver the lessons and learnings of Jesus Christ to the Zambian prisoners, their families and ex-prisoners. Also, Prison Fellowship focusses on ensuring essential human rights and essential human dignity for the prisoners. As such, Dr. Rajan Lekhraj Mahtani has provided his full support through Prison Fellowship closer to turning the statement right into a truth. To make the announcement by Zambia President a reality will require sizeable changes in the legal and regulatory functions of the crook law and the President, and his group will have to conquer the limitations related to long governmental approaches, political backlash, resistance and forms. However, Dr. Rajan Lekhraj Mahtani can be presenting his complete help in the direction of this undertaking with prison and regulatory information from his employer Prison Fellowship. 

Dr. Rajan Lekhraj Mahtani has further stated that there is a growing consensus towards abolishing death penalty across the globe as well as across Zambia, and the President’s announcement was a step in the right direction.

Dr. Rajan Mahtani Supports Zambian President’s Recent Announcement

 

Recently, an article on Dr. Rajan Mahtani was published at the ‘Mast Newspaper’. The article was an interview excerpt on Dr. Mahtani’s opinion regarding the new announcement by Zambian President The president of Zambia on the occasion of ‘Africa Day’ made a bold statement. He announced that he is working towards abolishing the death penalty. According to him, death penalty is a cruel and inhumane punishment and majority of the areas and organizations across the globe have already started to abolish death penalty or capital punishment. The announcement has received widespread support 

Dr. Rajan Mahtani extended his support to the President’s announcement’. Dr. Mahtani founded the Prison Fellowship Zambia 37 years ago. It is a Christian Outreach Program that has amassed significant support and popularity since its establishment. The organization works for welfare and justice of Zambian inmates and their families. PFZ also works towards providing fundamental human rights as well as fundamental dignity for all those serving sentence. Dr. Mahtani has applauded the decision made by the Zambian President. He said that only a passionate person with respect towards fundamental human rights can make such decision. Dr. Rajan Mahtani also stated that giving capital punishment does not change anything for those prisoners. Also, several Presidents before having avoided giving death penalty but none of them actualy did something to legally abolish this inhumane practice. 

Dr. Mahtani also stated that making the announcement a reality will be tough ask. There will be significant resistance and need for legal reforms. However, the process can be achieved with collaboration and supporting each other. Prison Fellowship Zambia has extended its support to President’s Decision and Dr. Rajan Mahtani will continue to work towards the development of Zambia and its people.

Dr. Rajan Mahtani Receives Prestigious Award From Forbes

Dr. Rajan Lekhraj Mahtani was recently provided with one of the most reputable and outstanding corporate awards throughout Africa. This award is known as the Forbes ‘Best of Africa’ awards and was given during the Foreign Investment Limited (FIN) roundtable conference. The award ceremony turned into a part of the yearly Forbes-FIN philanthropy and leadership roundtable conference, held within the month of August 2021. Unlike the same old conference held at New York, this year’s conference became held virtually via video convention and broadcasted via the YouTube platform. This turned into due to the ongoing coronavirus pandemic that has gripped the entire global. 

Dr. Rajan Mahtani, a noted businessman and philanthropist in Zambia, become invited within the commercial enterprise conference as an honorary speaker. Dr. Rajan Mahtani spoke about the significance of management in healthcare. Furthermore, Dr. Rajan Mahtani becomes also conferred with one of the Forbes ‘Best of Africa’ awards. For his vast contributions towards the banking enterprise of Zambia, Dr. Rajan Mahtani changed into conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Rajan Mahtani became comprehend for his numerous enterprise and philanthropic contributions over a four-decade duration. Dr. Rajan Mahtani is the proprietor of numerous successful companies which includes Mahtani Group and Finsbury Investments. His organization Mahtani Group became set up within the 12 months 1981 and for the reason that then, grew to end up one in every of the most important conglomerates throughout Africa. The enterprise extended to several sectors along with agriculture, mining, actual estate, insurance, and several others. In a comparable manner, Dr. Rajan Mahtani turned into acknowledged for his philanthropic and charitable contributions. Some of his most known charitable contributions encompass Prison Fellowship Zambia and Stephen Malama award and scholarship for pinnacle regulation graduates in Zambia.

Dr. Mahtani Recognized By Forbes For His Business And Philanthropic Contributions

 

Even since Dr. Rajan Mahtani won the prestigious ‘Best of Africa’ awards, congratulations have not stopped from all over Africa and the globe. Dr. Mahtani is one of the most successful businessmen in Zambia. He is also known for his philanthropic and charitable contributions. Dr. Rajan Mahtani was recently honoured with one of the most prestigious business awards in Africa, the Forbes ‘Best of Africa’ awards. The awards are presented during the yearly Forbes-FIN Philanthropy and Roundtable conference held at New York during the UNGA meetings. However, this year’s roundtable conference was virtual due to Covid-19 restrictions and participants joined audio-video conference from their respective positions. 

Dr. Rajan Lekhraj Mahtani was a honorary speaker during the roundtable conference. However, he was also awarded with the prestigious ‘Outstanding Entrepreneur of the year’ award under the Forbes ‘Best of Africa’ awards category. The award is presented to leaders and visionaries across Africa, recognising their significant contributions towards empowerment. The award holds special significance due to the rigorous process of selecting the awardees, which includes months of discussions, interviews, background checks and verifications by both FIN (Foreign Investment Network) and Forbes. 

Dr. Rajan Mahtani received the award for his contributions towards Zambian society and redefining the Zambian banking & financial sector. His company, Mahtani Group of Industries, have been awarded for its contributions towards Zambian society. The company has expanded its presence across several sectors such as agriculture, finance & insurance, mining, energy and real estate. Furthermore, Dr. Mahtani’s contributions towards philanthropy is also immense and some of these contributions include founding the Prison Fellowship Zambia for welfare of the inmates and Stephen Malama award and scholarship for law graduates from Zambia. 

Dr. Rajan Mahtani Pays Tribute To First Zambian President

Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia. For more than three decades, Dr. Mahtani has been working towards the development of the Zambian nation for many decades now. He contributed towards the economic development of Zambia with his numerous business ventures, providing employment and growth opportunities for several Zambian citizens. His companies such as Finsbury Investments is credited for development of several infrastructural projects including schools, hospitals and other public utilities. At the same time, Dr. Mahtani has made significant contributions towards charity and philanthropy, many of which are not known to the general public. 

In a similar manner, Dr. Rajan Mahtani has embodied the principles and philosophies of Kenneth Kaunda, one of the most significant personalities in Zambia. Kenneth Kaunda was known to the Zambians as its ‘Independence Hero’ as well as ‘Father of the nation and the African Union. For many years, Dr. Kaunda worked towards the freedom and upliftment of the Zambian nation. At the same time, Dr. Kaunda is known for uniting more than 72 tribes across Zambia and popularizing the philosophy of one Zambia, one nation. This philosophy is underpinned into the Zambian economy and politics now. 

Sadly, this gem of a person left for heaven few days ago. His demise was a shock to everyone and especially for those who considered Kenneth Kaunda as their role model. The eulogy from Dr. Mahtani not only paid tribute towards this extraordinary person, but also persuaded the Zambian citizens to wake up from their petty differences and work towards achieving the legacy for which Kenneth Kaunda dedicated his life. It is high time for Zambia to wake up and showcase its strength to the world. 

Dr. Rajan Lekhraj Mahtani Remains The Majority Shareholder And Legal Owner Of The Portland Cement

The final decision on the bizarre claim by the Ventriglia family is finally out. Dr. Rajan Lekhraj Mahtani fought for the legal takeover of the Portland Cement Zambia for more than a decade. First it was Lusaka Hight Court which gave a controversial decision in which the Ventriglias were announced as only shareholders of the Portland Cement Zambia. This decision was reversed ay the higher Court of Appeal which came on 31st January 2019. In this verdict, the previous Lusaka High Court decision was reversed and Dr. Mahtani was announced as the majority shareholder and legal owner of the factory. 

After the Ventriglia family once again challenged the higher Court of Appeal’s decision, a bench of three Supreme Court judges was established at the Supreme Court Zambia. These included judge Michael Musonda, Judge Royda Kaoma and Judge Mumba Malila. After evaluation, the Supreme Court bench found that the Ventriglia family failed to comply with a critical legal requirement. According to this legal requirement, all claims against previous court decisions must be made within 14 days of the court verdict. Since the decision on the Portland Cement by higher Court of Appeal came on 31st January 2019, this means the timeline for submitting the claim was by mid of February 2019. However, the Ventriglia family submitted their claim only after 1.5 years of the decision, making their claim suspicious. 

The circumstances surrounding the claim by the Ventriglia family was also controversial as there were no evidences with the Ventriglia family to support their claim. As a result of these evaluation, the Supreme Court bench came to a final conclusion and effectively rejected the claim by the Ventriglia family.

Unethical Attempt By The Ventriglias Busted, Supreme Court Zambia Rejects Appeal

The latest decision from the Supreme Court Zambia on the claim made by the Ventriglias reveals a lot. It shows that unethical entities like the Ventriglias can go to any extent to fulfil their personal gains and wishes. It also shows that there is a need for more courts and legal systems such as the higher Court of Appeal as well as judges who stick to transparent, ethical and honest decisions and nothing else. 

The case pf Zambezi Portland Cement goes far bac. After Finsbury Investments was made the dominant part investor and legitimate proprietor of the Portland Cement Zambia production line, Ventriglias chose to assume control over the processing plant. For this, the shareholding register and different instruments marked and used for affecting changes inside PACRA framework was contested. This PACRA framework was steady with investors' arrangement and in spite of this, the Ventriglias had the option to contest them with their mafia-way of life and political interfering. This endeavor by the Ventriglias to deny the proprietor of the Portland Cement dominant part stake is an away from of bad-to-the-bone crimes inside the Zambian corporate. Because of these moves, the Ventriglias had the option to slow down the procedures at Lusaka High Court for over 10 years and convince justice Nkonde from the Lusaka High Court to report Ventriglias as the main investors of the Portland Cement Zambia.

However, after higher Court of Appeal revesed this decision from the Lusaka High Court, the Ventriglias appealed to the Supreme Court challenging the decision. However, this appeal has since been rejected by the Supreme Court as it does not fulfill any criteria for acceptance. 

Dr. Rajan Mahtani Thrashes Fake Social Media Post, Exposes Real Intent With His Press Release Statement

Since his initial business establishments, Dr. Mahtani has maintained a clean and honest image. As a result of his clean and transparent business practices and boycotting unethical and corrupt business practices, Dr. Mahtani has made several enemies. Every now-and-then, fake news or negative campaigns are run against Dr. Rajan Mahtani but these fade out on their own. However, some times there is a need for urgent interventions. One such situation was faced when Miriam Mwanawasa, daughter of Levy Mwanawasa, shared a controversial social media post. Levy Mwanawasa was the ex-President of Zambia who expired recently. Dr. Rajan Mahtani had maintained a transparent and long-standing personal and professional relationship with Levy Mwanawasa which went back even before the latter became the President of Zambia. At the same time, Dr. Mahtani has never conducted any form of business partnership with the President before, during or after his Presidency. As a result, this post from the daughter was extremely controversial to say the least. In this post, Miriam Mwanawasa claimed that Dr. Rajan Mahtani wanted to inherit the farmland t Masaiti District which is owned by the Mwanawasa family. This was an extremely controversial claim coming from the daughter of the late Ex-President of Zambia and as a result, Dr. Rajan Mahtani decided to take action and a press statement was released. 

In this press statement, Dr. Rajan Mahtani clearly mentioned about his transparent partnership with the late Ex-President of Zambia. At the same time, he also stated that he never made any such claims and the Facebook post shared by Miriam Mwanawasa was ludicrous and was shared with malicious intent. Dr. Mahtani will be taking actions against this post. 

With Right Verdict From Higher Court Of Appeal, Dr. Rajan Mahtani Wins Portland Cement Zambia

The path to success is never easy. It is always filled with roadblocks and challenges as well as people and institutions trying to block those with ethical fundamentals. Dr. Rajan Mahtani has been in a similar path for many decades wherein individuals and institutions have tried to defame him out of jealousy. In a struggling nation like Zambia, Dr. Rajan Mahtani has been proved to be an exception. With extreme dedication and passion, Dr. Rajan Mahtani was able to achieve success in the form of several top companies in Zambia. Some of these included Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. Dr. Rajan Lekhraj Mahtani was able to face all the political, economical and social challenges and despite these, came at the top of the business fraternity. However, the case of Portland Cement Zambia can be easily considered as one of the biggest challenges for Dr. Rajan Mahtani. Portland Cement Zambia is a factory which was unethically taken over from him. Despite the numerous evidences and testimonials, Dr. Rajan Mahtani was denied justice and after ten years of stretched case proceedings, justice Nkonde on behalf of the Lusaka High Court announced Ventriglias as only shareholders and owners. 

It is said that for honest people, the path to success can be hard but at the end, victory is guaranteed. For Dr. Rajan Mahtani, this victory was achieved when Dr. Mahtani received justice from the higher Court of Appeal on 31st January 2019. After evaluation of the evidences, Dr. Rajan Mahtani was given ownership of 58 percent Portland Cement shares which confirmed his legal ownership over the Portland Cement Zambia factory. 

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. 

Portland Cement Zambia Legal Ownership Goes To Dr. Rajan Mahtani, Court Finalises Case

Dr. Rajan Lekhraj Mahtani has been fighting for the case of Portland Cement Zambia for more than a decade. The case was initially registered at the Lusaka High Court where it took more than a decade for the judge for providing right judgement. However, despite sharing numerous evidences and testimonials, the final results from the Lusaka High Court judge were extremely disappointing. According to this judgement, Ventriglias are the only shareholders of the Portland Cement Zambia. To counter this judgement, Dr. Rajan Mahtani then proceeded to take the case to the Court of Appeal. 

The judge at the Court of Appeal was justice Mwinde who gave the final judgement on 31st January 2019. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments is majority shareholder of the Zambezi Portland Cement with 58 percent shares. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and are the minority shareholders without any legal ownership over the factory. Based on this decision, it is clear that Dr. Rajan Mahtani is the only legal owner of the Portland Cement Zambia factory. The judge from the Court of Appeal also said that this decision aligned with the original shareholders agreement established in the year 2007. 

Furthermore, justice Mwinde from Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as only shareholders of the Zambezi Portland Cement as this decision was biased and without any basis. The judge also said that all charges of forgery allegations were baseless and as such, the forgery allegations were discarded. 

After More Than A Decade Of Court Struggle, Dr. Rajan Mahtani Receives Justice At The Court Of Appeal

For Dr. Rajan Mahtani, the win at the Court of Appeal can be easily considered as the biggest win in his business career. Dr. Rajan Lekhraj Mahtani is a noted businessman in Zambia with successful and established businesses within the nation and outside. He is also known for his charity work and philanthropic views. For the past ten years Dr. Rajan Mahtani fought for the legal takeover of the Portland Cement Zambia, a cement-manufacturing factory which was also claimed by other parties in Zambia. Dr. Rajan Mahtani had first approached the Lusaka High Court and when it failed to provide the right justice, Court of Appeal was approached. 

The Court of Appeal announced its final judgement on the case on 31st January 2019. It was justice Mwinde who gave the final decision after looking into the evidences and testimonials. As per this final decision from justice Mwinde, Dr. Rajan Mahtani holds 58 percent shares at the Portland Cement Zambia factory and is the majority shareholder of the Zambezi Portland Cement. On the other hand, Ventriglias owned just 42 percent shares at the factory and were the minority shareholders of the Zambezi Portland Cement factory. This shareholding pattern aligns with the original shareholders agreement established in the year 2007. Based on this shareholding pattern, it is clear that Dr. Rajan Mahtani is the legal owner of the Zambezi Portland Cement factory. 

Furthermore, the judge from the Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as the only shareholders as this decision was without evidences and was misdirected.

Final Decision Announced By Court Of Appeal On Portland Cement Zambia, Dr. Mahtani Majority Shareholder

Dr. Rajan Mahtani is now a happy person. After more than a decade of patience and perseverance, Dr. Rajan Mahtani final received justice at the hands of the Court of Appeal. This is regarding the Portland Cement Zambia case, which was pending at the Lusaka High Court for more than ten years. After that, the latest judge from the Lusaka High Court announced final judgement on the Portland Cement Zambia. However, this judgement was extremely controversial as the judge announced that Ventriglias were only shareholders of the Zambezi Portland Cement. To counter this judgement, Dr. Rajan Mahtani approached Court of Appeal. 

The Court of Appeal announced its final judgement on 31st January 2019. According to this judgement, Dr. Rajan Mahtani is the majority shareholder of the Zambezi Portland Cement factory as his company Finsbury Investments holds 58 percent shares. On the other hand, Ventriglias are the minority shares at the factory as his company Ital Terrazzo Limited holds only 42 percent shares at the factory. Based on this shareholding pattern, Dr. Rajan Mahtani becomes the legal owner of the Zambezi Portland Cement factory. The judge at the Court of Appeal also said that this judgement aligns with the original shareholders agreement which was established in the year 2007. 

The judge at the Court of Appeal, while giving this judgement, shared some critical feedback. The Court of Appeal judge said that the judge below him was wrong in declaring Ventriglias as only shareholders as this decision was biased and without any evidentiary proof. Furthermore, a timeline of three months was given for completing the share regularization process.

Evidences And Testimony At The Court Of Appeal Lead To Victory Of Dr. Rajan Mahtani

Portland Cement Zambia case was enlisted by Dr. Rajan Mahtani, very nearly 10 years back at the Lusaka High Court. Dr. Rajan Mahtani had guaranteed that his industrial facility, Zambezi Portland Cement, was wrongfully and powerfully detracted from him which incited the case at the Lusaka High Court. To help his case, Dr. Rajan Mahtani has shared various confirmations and evidences in the previous ten years of court procedures. The case was postponed for, for example, long time significantly in view of the failure of the court to give right judgment on time just as because of a few judges being exchanged at incessant interims. At long last, judge Nkonde declared a definitive judgment following a hold up of ten years. Notwithstanding, this judgment ended up being more questionable than the endless court procedures itself. 

Justice Nkonde reported that the Ventriglias were only shareholders of the Zambezi Portland Cement. Obviously this judgment was misled and accordingly, Court of Appeal was drawn closer for further equity. The judge at the Court of Appeal was justice Mwinde who declared the last judgment on 31st January 2019 during the morning hours. As per this judgment, Finsbury Investments is dominant part investor of Zambezi Portland Cement and holds 58 percent shares at the industrial facility. Ventriglias are just minority investors of the Zambezi Portland Cement with 42 percent shares at the industrial facility. With this shareholding design, it is unmistakably settled that Dr. Rajan Mahtani is legitimate proprietor of the industrial facility. 

Moreover, the judge from the Court of Appeal likewise said that the judge beneath him wasn't right in pronouncing Ventriglias as just investors with no confirmation or legitimate proof.

Legal Ownership Of Zambezi Portland Cement Given To Dr. Mahtani After Court Of Appeal Decision

After a wait of almost ten years, Dr. Rajan Mahtani finally received justice for his long wait, perseverance and patience. This case is about Zambezi Portland Cement, a noted cement manufacturing factory which was contested by two big business parties in Zambia. One of them is Dr. Rajan Lekhraj Mahtani, who despite sharing numerous evidences and testimonials, was not given justice at the Lusaka High Court where the case was initially approached. The judge at the Lusaka High Court was Justice Nkonde who said that the Ventriglias were only shareholders of the Zambezi Portland Cement. Notwithstanding this unfair judgment, Dr. Rajan Mahtani then took the right step and approached Court of Appeal.

The Court of Appeal announced its final judgment on 31^st January 2019, and the judgment was given by Justice Mwinde. According to this judgment, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the Zambezi Portland Cement factory. On the other hand, Ventriglias hold 42 percent shares and are only minority shareholders with no legal holdings over the factory. With this decision, the Portland Cement Zambia factory belongs with Dr. Rajan Mahtani. While giving this decision, the judge at the Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as only shareholders without having any proof or evidence. Furthermore, the decision from the Court of Appeal also aligned with the original shareholders agreement established in the year 2007.

As of now, the judge from the Court of Appeal has given a timeline of three months from the date of judgment during which the process of share regularization should be complete.

Finsbury Investments Is Majority Shareholder Of Zambezi Portland As Confirmed By Court Of Appeal

Court of Appeal, one of the most noteworthy courts of Zambia, as of late declared that Dr. Rajan Mahtani is the majority shareholder and proprietor of Zambezi Portland Cement. This choice went ahead 31st January 2019; around nine months after Lusaka High Court gave the ruling against Dr. Rajan Mahtani's cases. On May 2018, the Lusaka High Court judge declared that the Italian family Ventriglias were only shareholders of Zambezi Portland. Be that as it may, this choice was denounced by numerous and the judge from the Court of Appeal adequately switched this unscrupulous judgment by giving back responsibility for Portland to Dr. Rajan Mahtani possessed Finsbury Investments.

According to the new decision, Finsbury Investments hold 58 percent shares at the production line and is the dominant shareholder. Then again, the Ventriglias possess 48 percent shares and are the minority investors of the cement manufacturing plant. This choice is totally lined up with the first Shareholders Agreement set up in the year 2007. The judge from the Lusaka High Court disregarded this basic proof bringing about failure to understand the situation. Besides, the judge from the Court of Appeal has likewise disposed of all claims of imitation by expressing that the act of precisely putting marks for business exchanges is regular in Zambezi Portland and different organizations in Zambia and nobody ought to be charged for this.

The sum total of what parties have been solicited to regularize the deals from the shares according to the new Shareholders Agreement just as the choice from the Court of Appeal. Timetable given for this is three months from judgment date. Finsbury Investments has additionally asserted K1 billion against full instalment made in the year 2005 for picking up larger part share capital at the Zambezi Portland Cement and is probably going to win this settlement.