Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the factory. Based on this decision, it is clear that Dr. Rajan Mahtani is the legal owner of the factory. Follow Us On Facebook - https://www.facebook.com/drrajanmahtani/ https://www.facebook.com/zambiaportlandcement/ Twitter - https://twitter.com/People_Zambia

1. DR. RAJAN MAHTANI IS THE MAJORITY
SHAREHOLDER OF PORTLAND CEMENT
ZAMBIA, CONFIRMS COURT OF APPEAL

2. The case of Portland Cement Zambia case final, real
ownership goes to Dr. Rajan Portland Cement Zambia is
age old.

3. The case was registered by
Dr. Rajan Lekhraj Mahtani,
a noted businessman in
Zambia.

4. The case was registered at the Lusaka High Court
by Dr. Mahtani

5. It was claimed that the
factory was illegally
taken over from him.

6. Despite sharing numerous evidences and testimonials,
Lusaka High Court too more than a decade to announce
the final judgement.

7. The final judgement on the case was announced
during the month of May, 2018.

8. The judge who
gave the decision was
justice Nkonde and prior to
the final decision, justice
Nkonde had closed all
case proceedings.

9. It was also
announced that the final
decision will be given based
on the submitted oral and
written evidences.

10. This was positive news for
Dr. Mahtani as majority of his
evidences were enough to prove
his claim.

11. The judgement
from Lusaka High Court was,
however, extremely controversial.

12. According to
this judgement, Ventriglias were
announced as only shareholders
of the Zambezi Portland Cement.

13. To counter this decision, Dr. Rajan
Mahtani then approached the
Court of Appeal.

14. The judge at
the Court of Appeal was justice Mwinde

15. Justice Mwinde gave the
final judgement on the case
on 31st January 2019 after
looking into all evidences.

16. As per this decision, Dr. Rajan Mahtani owned Finsbury
Investments holds 58 percent shares at the factory and is the
majority shareholder of the factory.

17. Ventriglias
owned Ital Terrazzo Limited holds
just 42 percent shares at the
factory and is the minority
shareholder

18. Based on this decision, it is clear
that Dr. Rajan Mahtani is the
legal owner of the factory.