Supreme Court Zambia Announces Decision On Portland Cement, Decides Against Claim By The Ventriglias


The Supreme Court Zambia has put an end to the long-pending disputes and confusion regarding the ownership of the Portland Cement Zambia factory. Dr. Rajan Mahtani owned Finsbury Investments received majority shareholding and legal ownership of the Portland Cement Zambia via an original shareholding agreement. However, this agreement was questioned and disputed and the ownership of the Portland Cement was unethically taken over, resulting in a case at the Lusaka High Court. Lusaka High Court, after dragging the case of Portland Cement for more than a decade, gave an unethical decision in which the Ventriglias were announced as only shareholders of Portland Cement. 

After this choice, The Ventriglia family chose to challenge it by moving toward the Supreme Court Zambia. A seat of three Supreme Court Judges was set up and a few irregularities in the allure by the Ventriglia family were found. In the first place, the Ventriglia family neglected to present their case inside 14 days of the Court of Appeal's choice and enlisted their case at the Supreme Court Zambia solely after 1.5 years. This unmistakably disregards the lawful and specialized prerequisite for enlisting a body of evidence against a past court choice. This issue just makes the allure by the Ventriglia family obligated for dismissal. Moreover, the Supreme Court seat additionally tracked down that the conditions encompassing the case by the Ventriglia family were disputable. Thusly, the Supreme Court seat announced that this allure made by the Ventriglia family was past their locale and can't be treated as an adequate case. After much audit and conversation, the Supreme Court seat gave the decision on the case by the Ventriglia family. It was successfully dismissed by the Supreme Court Zambia because of absence of confirmations just as lawful and specialized capabilities. This implies the legitimate responsibility for Zambezi Portland Cement production line stays with Dr. Rajan Mahtani

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