Rajan Mahtani Zambia

  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 ...

After the Lusaka High Court , every time the Ventriglia family attempted to take over Portland Cement’s ownership, they met with failure. The decision from the Lusaka High Court on Portland Cement was highly unethical and as a result, Dr. Rajan Mahtani approached the higher Court of Appeal. Justice Mwinde on behalf of the higher Court of Appeal announced that Dr. Rajan Mahtani owned Finsbury Investment is the majority shareholder and legal owner of the factory and Ventriglias owned Ital Terrazzo Limited are only minority shareholders with 42 percent shares and without any ownership over the factory. In this manner, the higher Court of Appeal completely reversed the decision from the Lusaka High Court.  Then came the Supreme Court Zambia . The Ventriglia family approached the Supreme Court Zambia claiming that the decision from the higher Court of Appeal was misled. They also claimed that the actual amount against majority shares of Portland Cement is K580 million and not K580,000...

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. Rajan Lekhraj Mahtani is a noted businessman, philanthropist and charity worker in Zambia. He is known for numerous successful businesses in Zambia, including Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. Dr. Rajan Mahtani took over the ownership of Portland Cement Zambia in the year 2005 and since then, transformed the company into one of the most productive cement-manufacturing companies in Zambia. This streak continued for a few years before the unethical and illegal takeover of the Portland Cement Zambia factory. Dr. Rajan Mahtani claimed that the factory was unethically taken over from him and in response, registered a case at the Lusaka High Court . Evidences, testimonials as well as facts were submitted with the expectations of quick resolution and straightforward verdict. However, the case took more than a decade to confirm its final verdict on Portland Cement. Justice Nkonde, who announced the final verdict, announced that Ventriglias w...

Politics and business, though critical for a nation, rarely go hand-in-hand. Specially for a struggling and under-developed nation like Zambia, politics often come in front of business and its development. A similar situation occurred in the case of Dr. RajanLekhraj Mahtani , a noted businessman and philanthropist in Zambia. For more than a decade, Dr. Rajan Mahtani struggled for getting justice for his factory Portland Cement Zambia . This cement-manufacturing factory was unethically taken over and despite sharing all evidences and testimonials, Dr. Mahtani was not given justice. It can be said that that bad politics came in the way of business justice. After justice Nkonde from the Lusaka High Court announced Ventriglias as the only shareholders of Portland Cement, Dr. Mahtani knew it was a misdirected judgement and approached the Court of Appeal . The judge at the Court of Appeal was justice Mwinde who gave the final verdict on the 31 st of January 2019. According to thi...

On 31st January 2019, final judgement on the long-pending Portland Cement Zambia case was announced. The case was announced at the Court of Appeal, the second court where the case was registered. The case was first registered at the Lusaka High Court where it ran for more than a decade. During this time, Dr. Rajan Mahtani has presented numerous evidences and testimonials to prove his legal ownership over the factory. Despite these, the final judgement was disappointing as the judge at the Lusaka High Court declared that Ventriglias were only shareholders of the Zambezi Portland Cement.  To counter this judgement, Dr. Rajan Mahtani again approached Court of Appeal with this case. The judge at the Court of Appeal was justice Mwinde who announced his final decision after looking into all evidences and testimonials. As per this decision, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the Zambezi Portland ...

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...

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...

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...

Achievement is never a cake walk. There are numerous challenges and barriers that will come in the way of progress. Regardless of whether a person as made progress there will be individuals who will continually attempting to grab away this achievement or gain benefit from other individuals' diligent work. Being a standout amongst the best business people in Zambia, he is consistently looked by criticism, backstabbers and people attempting to grab away his well deserved organizations. In the most recent unforeseen development, the shareholding case between Dr. Mahtani and Portland Cement Zambia was finished up by the Lusaka High Court . The case was at first settled by Dr. Mahtani, Chairman of the Finsbury Investment guaranteeing that he was the real proprietor of Zambezi Portland Cement and has been improperly stigmatized for the situation. He likewise settled that the factory was unlawfully taken despite the fact that they are only the investors and Dr. Rajan Mahta...

Portland Cement Zambia is a noted cement-manufacturing factory in Zambia. The factory was established by famous businessman Dr. Rajan Lekhraj Mahtani. Dr. Mahtani is known for his successful business ventures such as Mahtani Group of Companies, Finance Bank Zambia and Finsbury Investment. Portland Cement Zambia was also an establishment by Dr. Rajan Mahtani but has been taken away forcefully. For the past ten years, Dr. Rajan Mahtani has been fighting the case at the Lusaka High Court and even with numerous evidences, testimonials and factual data, final judgment has not been provided yet. During this time, Dr. Mahtani shared critical documents such as signed shareholder’s agreement, independent audit report, testimonials from critical members as well as financial and investment reports. Few months back, the judge overlooking the case made an announcement which almost ensured win for Dr. Rajan Mahtani. This announcement was the closure of case hearing. The judge closed the c...