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. 

Claim By The Ventriglias Rejected By Supreme Court Zambia, Portland Cement Stays With Dr. Rajan Mahtani

Finsbury Investments is one of the top organizations within Zambia. It is an investment firm owned by Dr. Rajan Lekhraj Mahtani, a noted businessman in Zambia. In the year 2006, Finsbury Investments was given 58 percent shares of the Portland Cement Zambia factory which made it the majority shareholder and legal owner of the factory. However, trouble started knocking the door of the factory when the Ventriglias took a steep turn and unethically acquired the Portland Cement Factory with the help of goons. Dr. Rajan Mahtani was forced to approach the Lusaka High Court with the hope of quick response. However, the court proceedings at Lusaka High Court dragged for more than a decade and despite having all evidences and testimonials, Dr. Rajan Mahtani was not given the justice he deserved. He then approached the higher Court of Appeal with his claim. The judge at the higher Court of Appeal was justice Mwinde and after looking into the evidences, final decision was given on 31st January 2019. In this decision, justice Mwinde effectively reversed the judgement from the Lusaka High Court and announced Finsbury Investments as the actual owner of the Zambezi Portland factory with majority shareholding. Furthermore, justice Mwinde also confirmed that the amount payable against the majority shares owned by Finsbury Investments is K580,000. 

In another twist, the Ventriglias approached the Supreme Court with claims that the decision from higher Court of Appeal as incorrect. However, after evaluation, the Supreme Court bench have effectively rejected this claim based on grounds that the case was not legally acceptable due to its late appeal and the circumstances surrounding the appeal were dubious. As such, Portland Cement Zambia factory stays with Dr. Rajan Mahtani. 

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 Lekhraj Mahtani Wins Case At Higher Court, Evidences Were Enough For Verdict

Zambia is a country that has endured significantly because of the untrustworthy and unethical practices. In such circumstances, it turns out to be very hard for organizations to proceed with their straightforward and moral practices. Dr. Rajan Lekhraj Mahtani is among those very few business people in Zambia who has made progress regardless of these difficulties and by staying moral and straightforward. In spite of this straightforward achievement and notoriety, Dr. Rajan Mahtani altogether battled on account of Portland Cement Zambia. While his straightforward strategic approaches and moral standing was on one side, exploitative and degenerate gatherings attempting to wager against him just as dishonest lawful organizations were on the opposite side. The adjudicator at the Lusaka High Court was justice Mwinde who declared Ventriglias as the main investor of the Portland Cement Zambia, which was a very questionable judgment.

After this questionable verdict from the Lusaka High Court judge, Dr. Rajan Mahtani turned to higher Court of Appeal as his last hope. The judge at the higher Court of Appeal was justice Mwinde and after evaluating all evidences and testimonials, final judgement was declared on 31st January 2019. According to this final decision, Dr. Mahtani on behalf of Finsbury Investments made a payment of one billion kwachas to the Portland Cement limited. This amount was paid for covering the entire value of the share capital which Dr. Mahtani took over from the factory. Furthermore, the original agreement between shareholders confirmed the fact that the above payment gave Dr. Mahtani 58 percent shares of the Portland Cement Zambia factory. Based on these crucial evidences, Dr. Mahtani was awarded the majority shareholding and legal ownership of the factory. 

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. 

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.

Portland Cement Zambia Verdict Out, Decision Unsettling

The last decision of Portland Cement Zambia is out and the outcomes are stunning most definitely. Portland Cement Zambia is a cement assembling firm which is claimed by Dr. Rajan Mahtani, a prominent businessman in Zambia. Nonetheless, Dr. Mahtani has been battling a case at the Lusaka High Court for the legitimate takeover of the plant for as long as ten years.

Amid these years, Dr. Mahtani and his group have presented various archives and confirmations to demonstrate their case. A portion of the critical proof put together by Dr. Mahtani amid these years incorporated investor's assention marked by all gatherings related with the cement production line, monetary displays which demonstrated that Dr. Mahtani and his organization Finsbury Investment has made a great many dollars worth of interest in the industrial facility, considerably higher that different investors. A standout amongst the most critical evidence shared by Dr. Mahtani's attorneys was the independent audit report led by an outside and autonomous examiner. The report plainly demonstrated that the processing plant was set up as a joint endeavour and Dr. Rajan Mahtani was the sole joint endeavour accomplice of the foundation. In this way, it was clear and unsurprising win for Dr. Mahtani as his confirmations and tributes were significantly more grounded than the respondents. The respondents then again, neglected to present any huge proof or tributes amid the preliminary years to demonstrate their cases.

Subsequently, when the judge made the last decision which was given against Dr. Mahtani, unmistakably the stunning decision was made by disregarding the majority of the confirmations and the judge obviously made a misled judgment. Dr. Mahtani has now made an interest to the higher court of bid against this misled judgment.

Portland Cement Zambia’s Final Judgment By Lusaka High Court Ambiguous

A nation’s administration is a significant fundamental component, regardless of whether it is a private company, expansive endeavour or notwithstanding running a country. A decent pioneer is required to take the association towards development and advancement. Then again, negative or restricted authority can result in stagnation of authoritative efficiency and even the financial and social advancement of a country. On account of Portland Cement Zambia, absence of administration has diverted the manufacturing plant from a champ to a rapidly blurring production line.

Portland CementZambia is a cement producing production line in Zambia which has experienced various ups and down in its lifetime. The cement processing plant was set up by Dr. Rajan Lekhraj Mahtani, a prominent industrialist, business visionary and business. Amid the underlying days when Dr. Rajan Mahtani was dealing with the administration of the industrial facility, it prospered with surplus generation. Besides, the cement processing plant additionally ended up mainstream among representatives for its lucrative pay scale which was above industry normal. Notwithstanding, every one of these highlights of the industrial facility vanished after the case for its legitimate takeover began. Without the successful administration of Dr. Rajan Mahtani, the industrial facility generation is descending with diminished creation limit each passing day and no indication of development, advancement or recovery of the processing plant.

The last judgmenton this long-pending case on the manufacturing plant was given couple of weeks back. Be that as it may, the judgment itself was faulty as even with various confirmations, tributes and additionally authentic information obviously demonstrating the lawful and genuine responsibility for processing plant, the last decision was given against Dr. Mahtani's cases. Thus, Dr. Mahtani is left with no decision however to take activities against this judgment by speaking to the higher court of appeal.

ZR makes another attack on Former Chairman Finance Bank Zambia

The Former Chairman Finance Bank Zambia, Dr. Rajan Lekhraj Mahtani has at the end of the day been dragged into pointless discussion by Zambia Reports. This time around the episode has occurred quite recently before the New Year. In an article that seems to share the story of Portland Cement Zambia’s acheivement, we find that the schemers have deliberately put a larger part of dialog against Dr. Mahtani. The occurrence has obviously left many individuals in Zambia unamused, including Dr. Rajan Mahtani himself.

In spite of the fact that, Zambia Reports was silent in the previous couple of months, it has made incidental rebound with its scope of defamatory stories and kept on disturbing the prevailing peace in the nation. All that is known to them is the vow of acting for its lender. The Ventriglia family, minority partners of Portland Cement Zambia have been keeping up great relations with Zambia Reports administrator, Sakwiba Sikota and accordingly they are effortlessly ready to execute their slander battle every now and then.

Martin, an inhabitant of Ndola says, "Zambia Reports is not a news agency, it has turned into an advertisement agency where anybody can pay and highlight their story. In the event that you need to discuss yourself, pay to Zambia Reports. Likewise, on the off chance that you need to criticize somebody, converse with Zambia Reports. It is all similar to a buying a product in a store"

The words obviously demonstrate the level of disgust that the general population of Zambia have against Zambia Reports. In the past also, the infamous had made different ambiguous cases which incorporates blaming Dr. Rajan Mahtani of paying off the judge and charging Finsbury Investments' name in the Panama Papers. In any case, the schemers have dependably bombed in their target. The truth is, nobody in Zambia considers Zambia Reports important and it is simply because of their poor work ethics.

Dr. Mahtani and Finance Bank have suffered under poor journalism

Dr. Mahtani and Finance Bank have been suffering from the actions which Zambia Reports is taking against them. To bring focus to this matter, one can pick up the publications which have come from Zambia Reports over the past few days and give them a read. On reading, it will become clear that ZR is only bothered to harm the reputation of Dr.Mahtani and Finance Bank, because are being paid heavily for the same. In quest of making easy money, Zambia Reports have lost their morals and are now walking on the path of evil.

On one hand, a news claims that Dr. Mahtani is wrongfully showing himself as the owner of Finance Bank Zambia and on the other hand, another news from the same author states that Dr. Mahtani is still owning the Finance Bank and the transfer process is not yet complete. The bottom line is, how can a person have two different views to a story? Evans Mulenga, the author of both the articles has  tried to level best to assure the readers that Dr. Mahtani is a corrupt person and has made huge profits out of the activities permitted beyond the law. However, he has forgotten to incorporate two important things in his article- logic and facts. The assumption of ‘source’ is now outdated. People want to know about the claims in detail. If you do not have any concrete evidences to support the statement, then you are simply ventilating your viewpoints.

Journalism from Zambia Reports has degraded over the past few years and the key reason behind the same is the defamation campaign of Dr. Mahtani and Finance Bank. The authors have been forced to write stories and actual facts have been buried under the pile of money, which the conspirators have poured on the authors.