Portland Cement Ownership Remains As Per Higher Court Of Appeal’s Decision

 

The instance of Portland Cement Zambia relates to one Dr. Rajan Lekhraj Mahtani, a prominent businessman and philanthropist in Zambia with a few fruitful organizations under his name. Dr. Rajan Mahtani has kept a status of being quite possibly the most regarded and moral finance manager in Zambia and his activities have never been addressed. Then again, there are elements in Zambia who notwithstanding the huge negative standing and far reaching analysis, keep on taking part in illegal exercises like excessive tension on government authorities, pay off, utilizing political ability to get what they need just as participating in political culpability. The perfect representation is the Lusaka High Court judge Nkonde declaring Ventriglias as the lone investors and genuine proprietors of the Portland Cement Zambia manufacturing plant in spite of showing scarcely any proof or tribute and regardless of the case being hauled for over 10 years. 

In the first place, Dr. Rajan Mahtani offered against this choice at the Higher Court of Appeal and on 31st January 2019, equity Mwinde switched the choice from the Lusaka High Court and declared Dr. Rajan Mahtani as the greater part investor and legitimate proprietor of the production line. The subsequent occasion was the peculiar allure by the Ventriglias against this higher Court of Appeal's choice at the Supreme Court Zambia. In any case, this allure was promptly dismissed after the Supreme Court set up a seat of three SC decided for assessing the case and found that it missed the basic lawful cut-off time for case accommodation. In view of every one of these angles, obviously Dr. Rajan Lekhraj Mahtani is to stay the greater part investor and legitimate proprietor of the Portland Cement Zambia plant.