Lusaka High Court confirms the fact that Zambezi Portland will get its real owner soon. The final judgment will be announced. To know more: https://www.facebook.com/drrajanmahtani/ https://www.facebook.com/zambiaportlandcement/

1. to get its real owner soon
Zambezi Portland

2. Lusaka High Court confirms the fact that Zambezi
Portland will get its real owner soon.

3. Hearing for the case
has been closed.

4. The case was registered
by Dr. Rajan Lekhraj
Mahtani against the
Ventriglias

5. The major crust of this case is the
shareholding and ownership of the factory.

6. Both parties are claiming their ownership
over this factory.

7. After Dr. Mahtani launched
the initial claim of
Ventriglias taking over the
factory forcefully, the latter
launched a counter-claim.

8. As per the Ventriglias, the
shares of Dr. Mahtani in the
factory are not paid for.

9. However, the evidence and
statements submitted by
Dr. Mahtani and his team
tell a different story.

10. As per the shareholder’s agreement,
Dr. Mahtani owned Finsbury Investments holds
58 percent shares in the factory.

11. Rest of the shares are distributed among
Ventriglias family and other shareholders.

12. Furthermore,
Dr. Mahtani had
previously asked an
independent auditor
to conduct an audit
on the factory.

13. As per this independent
audit report, the factory
was established as a joint-
venture project with Dr.
Mahtani as sole joint
venture partner.

14. Both parties will soon submit their evidences
to the court post evaluation of which, final
judgment will be announced