According to this decision, Dr. Mahtani is majority shareholder of Portland Cement Zambia factory.Dr. Mahtani owned Finsbury Investments holds 58 percent shares at the factory. Follow Us On Facebook - https://www.facebook.com/drrajanmahtani/ https://www.facebook.com/zambiaportlandcement/ Twitter - https://twitter.com/People_Zambia

1. After A Decade Of Patience Wait, Dr. Rajan
Mahtani Owns The Legal Ownership As Per
Court Of Appeal Judgement

2. On 31st January 2019, the results
on the Portland Cement Zambia
case was announced

3. The Court of Appeal made the final announcement

4. Justice Mwinde gave
the final decision on
behalf of Court of
Appeal

5. The decision was given
after looking into all
evidences and
testimonials

6. According to
this decision,
Dr. Mahtani is majority
shareholder of Portland
Cement Zambia factory

7. Dr. Mahtani
owned Finsbury
Investments holds
58 percent shares at the
factory

8. Ventriglias are
minority shareholders
without any legal
ownership over the
factory

9. Ventriglias
owned Ital Terrazzo
Limited holds 42 percent
shares at the factory

10. This decision
aligned with original
shareholders agreement
established in the year
2007

11. This decision
from the Court of Appeal
effectively reversed the
judgement from
Lusaka High Court

12. Earlier in May 2018, Lusaka High Court gave the
final decision on the case

13. Based on this
decision, Ventriglias were
announced as majority
shareholders of the
Portland Cement

14. This decision
was misdirected which forced Dr. Mahtani to
approach the Court of Appeal

15. Justice Mwinde
also discarded all forgery
related allegations

16. It was found
that the process of
mechanical placement
of signatures was
common at
Zambezi Portland

17. The judge
also confirmed that
Ventriglia family
members used the same
approach
for business transactions

18. As such,
forgery allegations
were discarded

19. Three months’
time-period was awarded
for complete share sales
processes