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Court Of Appeal Clarifies The Misdirected Decision
From The Previous Court, Gives Right Decision
Portland Cement Zambia, is a noted manufacturing company in Zambia
It faced several challenges and
issues of its own.
According to official statistics clearly indicate the
company’s operations changed dramatically that
with change in leadership
When Dr. Rajan Mahtani was in leadership, the factory significantly improved in terms
of productivity, operational efficiency and overall performance.
It became one of the top producers of Portland Cement
across the town
The manufacturing facility also became a known employer for
providing above-industry wages and salaries for its people.
All achievements & efficiencies started to
downgrade when the factory was
unethically taken over
This unethical takeover not only disrupted the overall
operations of the factory but also impacted its long-term
survival and growth changes.
Dr. Rajan Mahtani continuously fought for the legal takeover of the
factory across different courts.
The factory’s performance decline
continuously due to lack of
appropriate leadership
Negligence of those who captured the factory
unethically as well as lack of any urgency towards
revival of the factory.
Dr. Mahtani fought for the case for more than a decade
Finally received justice in the year 2019 from
higher Court of Appeal.
It was justice Mwinde who announced the final decision on
the case on 31st January 2019.
Court of Appeal gave its final verdict only after
evaluating all evidences and testimonials
Major evidences were the proof of transfer of one billion
kwachas from Finsbury Investments to the Portland Cement
Zambia
This covered the entire value of the share capital; and the
original shareholder’s agreement established in the year 2007.
Based on these decisions, final verdict announced that Dr.
Mahtani is only majority shareholder and legal owner of the
factory.
Court Of Appeal Clarifies The Misdirected Decision From The Previous Court, Gives Right Decision

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Court Of Appeal Clarifies The Misdirected Decision From The Previous Court, Gives Right Decision

  • 1. Court Of Appeal Clarifies The Misdirected Decision From The Previous Court, Gives Right Decision
  • 2. Portland Cement Zambia, is a noted manufacturing company in Zambia
  • 3. It faced several challenges and issues of its own.
  • 4. According to official statistics clearly indicate the company’s operations changed dramatically that with change in leadership
  • 5. When Dr. Rajan Mahtani was in leadership, the factory significantly improved in terms of productivity, operational efficiency and overall performance.
  • 6. It became one of the top producers of Portland Cement across the town
  • 7. The manufacturing facility also became a known employer for providing above-industry wages and salaries for its people.
  • 8. All achievements & efficiencies started to downgrade when the factory was unethically taken over
  • 9. This unethical takeover not only disrupted the overall operations of the factory but also impacted its long-term survival and growth changes.
  • 10. Dr. Rajan Mahtani continuously fought for the legal takeover of the factory across different courts.
  • 11. The factory’s performance decline continuously due to lack of appropriate leadership
  • 12. Negligence of those who captured the factory unethically as well as lack of any urgency towards revival of the factory.
  • 13. Dr. Mahtani fought for the case for more than a decade
  • 14. Finally received justice in the year 2019 from higher Court of Appeal.
  • 15. It was justice Mwinde who announced the final decision on the case on 31st January 2019.
  • 16. Court of Appeal gave its final verdict only after evaluating all evidences and testimonials
  • 17. Major evidences were the proof of transfer of one billion kwachas from Finsbury Investments to the Portland Cement Zambia
  • 18. This covered the entire value of the share capital; and the original shareholder’s agreement established in the year 2007.
  • 19. Based on these decisions, final verdict announced that Dr. Mahtani is only majority shareholder and legal owner of the factory.