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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...

Dr. Mahtani makes progress in the Portland Cement Zambia case after misdirected announcement

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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...

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...

Dr. Rajan Mahtani Steps Up And Makes Appeal After Unjustified Court Verdict On Portland Cement

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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...