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Showing posts with the label dr. rajan lekhraj mahtani

Portland Cement Zambia Ownership Remains Undisturbed

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  Dr. Rajan Mahtani is a noted businessman in Zambia with significant businesses under his ownership. Some of the top successful companies in Zambia include Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. And based on the latest decision from the Supreme Court Zambia, Dr. Rajan Mahtani owned Finsbury Investments is also the bona fide owner of the Portland Cement Zambia. However, reaching this status was a difficult task for Dr. Rajan Mahtani as it included not one but three different courts. First it was Lusaka High Court where the case dragged for more than a decade and despite this long tenure, the final verdict was controversial with the judge announcing Ventriglia family as the only shareholder of the Portland Cement Zambia. After that, Dr. Rajan Mahtani approached the higher Court of Appeal which gave its final decision on 31st January 2019. In this verdict, the previous decision from the Lusaka High Court was reversed and justice Mwinde on behalf ...

Supreme Court Zambia Effectively Rejects Appeal By Ventriglias On Zambezi Portland Cement

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The Supreme Court of Zambia is the topmost legal entity of any nation and as such, any choice made by the court will be conclusive. As of late, the Zambian high Court tossed out a questionable claim made by the Ventriglias family. Ventriglias are a famous Italian family in Zambia known for their unethical offenses. The family became known a couple of years back on account of Portland Cement Zambia . In the current situation, the Ventriglias family tested the choice of the higher Court of Appeal which occurred on 31st January 2019 and proclaimed Dr. Rajan Lekhraj Mahtani possessed Finsbury Investments as the dominant part investor and legitimate proprietor of the manufacturing plant. In their cases, the Ventriglias advanced that the turning around of the choice by higher Court of Appeal was wrong . In their case, the Ventriglias additionally guaranteed that the sum payable to them as per the higher Court of Appeal's choice is mistaken and the right sum payable to them is K580 milli...

Dr. Rajan Mahtani’s Philanthropic Contributions In Education Sector Praised By Media

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Dr. Rajan Mahtani is a noted businessman in Zambia. Apart from successful companies such as Finsbury Investments and Mahtani Group of Companies , Dr. Rajan Mahtani is also known for his philanthropic and charitable contributions towards numerous sectors and fields in Zambia. One of his major contributions in the education field was instituting the Steven Malama award in memory of the late Steven Malama, a distinguished legal professional, bar veteran and a visionary in the field of law in Zambia.  The Steven Malama award was established in the year 2012 and is being given since 2013 to the top graduating student from the Zambia Institute of Advanced Legal Education. From 2013 onwards, the award is introduced each year to the top understudy of ZIALE who also qualifies bar in their 1st attempt. Students winning the Steven Malama grant have shared their thankfulness for the honourable work from Dr. Mahtani and have likewise featured his humbleness by expressing the fact that they w...

Court Of Appeal Announces Final Verdict On The Portland Cement Zambia Case

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For more than a decade, Dr. Rajan Mahtani fought for the legal takeover of the Portland Cement Zambia factory. Despite being his own company, Dr. Mahtani had to fight through legal channels for getting back his company. The case of Portland Cement Zambia is age old as it was established more than a decade ago by Dr. Rajan Mahtani himself. A case was registered at the Lusaka High Court claiming that the factory was unethically taken over from Dr. Rajan Mahtani. Despite having almost all evidences and testimonials, the final decision from the Lusaka High Court remained pending for more than a decade. Justice Nkonde gave the final decision on the case in the year 2018 but it was extremely controversial as Ventriglias were announced as actual owners and only shareholders of the Portland Cement factory despite not having proper evidences.  Dr. Rajan Mahtani then approached the higher Court of Appeal . The judge at the higher Court of Appeal was justice Mwinde who announced the final d...

Dr. Mahtani Releases Press Statement, Exposes Unethical Social Media Post Against Him

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 Dr. Rajan Mahtani is one of the most popular businessman in Zambia . During his business experience which expands more than three decades, Dr. Mahtani has maintained positive and transparent business relationships with several personalities across Zambia as well as outside. Late ex-President of Zambia, Levy Mwanawasa was one of them with whom the friendship goes well beyond Levy Mwanawasa stepping to the Presidency. As such, the recent post shared by one of the members of the Mwanawasa was extremely malicious. Miriam Mwanawasa , the daughter of Levy Mwanawasa recently shares a Facebook post in which she claimed that Dr. Rajan Lekhraj Mahtani wanted to takeover the land at Masaiti which is the legal property of Levy Mwanawasa and family. Since this post was extremely sensational coming from the family of the President, it quickly gained traction.  Dr. Rajan Mahtani decided to take stringent action against this post by sharing a press release. In this press statement, Dr. Raj...

Zambezi Portland Cement Ownership Goes To Dr. Rajan Mahtani, Confirms Court Of Appeal

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31st January 2019 was a memorable day for Dr. Rajan Mahtani as he got genuine equity for his understanding and persistence in the Zambezi Portland Cement case. Dr. Rajan Mahtani is a prominent businessman and philanthropist who have been battling for the lawful takeover of the Zambezi Portland Cement for as far back as ten years. The case was first enlisted at the Lusaka High Court where it stayed pending for over 10 years. In spite of sharing confirmations and factual evidences, the judge from the Lusaka High Court declared that Ventriglias were just investors of the Zambezi Portland Cement.  Dr. Rajan Mahtani was left with no decision yet to approach the higher Court of Appeal. The judge from the Court of Appeal was justice Mwinde and he declared an official conclusion on 31st January 2019. This declaration viably turned around the judgment from Lusaka High Court judge. As per the Court of Appeal's choice, Finsbury Investments holds 58 percent shares and Ital Terrazzo Lim...

After A Decade Of Wait, Dr. Rajan Mahtani Wins Big At The Court Of Appeal

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Zambian natives were at long last presented to reality about Portland Cement Zambia, after a hold up of over 10 years. Zambezi Portland Cement is a prominent concrete assembling processing plant in Zambia which is challenged by two distinct gatherings, one of them being Dr. Rajan Mahtani who has at first enrolled the case at the Lusaka High Court. The case hauled at the Lusaka High Court for over 10 years under the watchful eye of the judge gave last declaration. Nonetheless, this judgment was amazingly disputable as justice Nkonde from the Lusaka High Court declared that the Ventriglias were only investors of the Zambezi Portland Cement. Thus, the case was then taken to the Court of Appeal.  The judge from the Court of Appeal was Justice Mwinde who declared the last outcomes on 31st January 2019. As indicated by his judgment, Dr. Rajan Mahtani claimed Finsbury Investments was dominant part investor of Zambezi Portland with 58 percent shares. Then again, Ventriglias possess...

Zambezi Portland Cement Goes Back To Dr. Rajan Mahtani After Court Of Appeal Win

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Court of Appeal is among the highest civilian courts in Zambia and therefore, a lot is expected from them. Dr. Rajan Mahtani is a popular businessman in Zambia who has been fighting for the rightful takeover of the Portland Cement Zambia which was taken illegally from him. After Lusaka High Court failed to provide justice for Dr. Rajan Mahtani, Court of Appeal was approach with the hope of getting true justice. The Court of Appeal gave the final judgement on 31st January 2019 where it announced the real and legal owner of the Zambezi Portland Cement. According to this judgement, Dr. Rajan Mahtani is the majority shareholder of the Zambezi Portland Cement with 58 percent shares. On the other hand, the Ventriglias are the minority shareholders with only 42 percent shares at the factory. This shareholding pattern aligns with the original shareholders agreement which was established in the year 2007. While giving this judgement, the judge from the Court of Appeal also announced th...

Malicious, False, Libellous And Defamatory Articles Published About Dr. Rajan Mahtani

London, United Kingdom September 10, 2018 Dr. Rajan Lekhraj Mahtani (popularly known as Dr. Mahtani) is a Zambian businessman and philanthropist and Chairman of the Mahtani Group of Companies. He has business interests across Africa, Europe and Asia. The Mahtani group includes a large number of Companies and has been built into one of the largest conglomorate in Zambia, employing over 3500 personell and funding more than twenty development projects in Zambia, apart from countless charitable and philanthropic initiatives. However, his success has naturally been accompanied by a vicious smear campaign, aimed at maligning Dr. Mahtani’s reputation, by vested interests in Zambia, and supported by persons in America and Europe. It is noteworthy, that Dr. Mahtani filed defamation cases in the State of Arizona and State of Minnesota, USA against such publishers of defamatory articles, including Zambiareports.com. The case was resolved between both parties and Zambiareports rem...