After a decade of fight, Dr. Rajan Mahtani was finally able to receive justice. This case pertains to Portland Cement Zambia, a noted cement-manufacturing factory in Zambia which has been in legal waters for the past decade. The case of Portland Cement was launched at the Lusaka High Court by Dr. Rajan Mahtani himself after he claimed that the factory was illegally taken from him. Since then, it took more than a decade for the Lusaka High Court to provide a definite judgement for the case. And despite the evidences and testimonials, the judge at the Lusaka High Court announced that Ventriglias were only shareholders of the Zambezi Portland Cement.
To counter this misdirected judgement, Dr. Rajan Mahtani then approached the Court of Appeal. The Court of Appeal is one of the highest courts in Zambia. Unlike Lusaka High Court which took more than a decade to make a definite decision and that too being utterly disastrous, the Court of Appeal gave its final decision within nine months of re-launching the case. The judge at the Court of Appeal was justice Mwinde and after looking into all evidences and testimonials, he provided his final judgement. According to this final decision, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the Zambezi Portland Cement factory. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder with no legal ownership over the factory.
Based on this shareholding pattern, it is clear that Dr. Rajan Mahtani is the legal owner of the Zambezi Portland Cement factory.
