Zambian President Hakainde Hichilema Announces Death Penalty Abolishment.

 

Dr. Rajan Lekhraj Mahtani is one of the most famous, celebrated and respected businessmen from Zambia. Recently, Dr. Rajan Mahtani extended his full support to the decision made by the Zambian President. President Hakainde Hichilema, on the occasion of Africa Day, announces that his government plans to abolish the death penalty law. Dr. Rajan Mahtani, in his interview excerpt at the ‘Mast Newspaper’ released recently, iterated that death penalty is a degrading, inhumane and cruel practice and should be made against the law. There is already a rising awareness across the globe towards eradicating death penalty, and this trend can be observed across Zambia too. As a result of this widespread awareness, past Presidents have avoided giving capital punishment for a long time now as the last time death punishment was given was in the year 1997 and since then, mercy pleas are being strategically used for avoiding death penalty. Yet, none of these Presidents except the current President Hakainde Hichilema, have worked towards eradicating this archaic and degrading law from its roots. As such, Dr. Rajan Mahtani has wholeheartedly praised the announcement made by the President.

Dr. Rajan Lekhraj Mahtani is the owner of several philanthropic institutions and one of them is Prison Fellowship Zambia (PFZ). It is a noted Christian Outreach Program focusing on bringing the teachings of Jesus Christ to the inmates, ex-inmates and their families in Zambia. It is also known for providing transparent criminal justice as well as fundamental human rights & basic human dignity for Zambian inmates. As such, the interests of Prison Fellowship align with the latest statement from the Zambian President, a step in the right direction.

Dr. Rajan Lekhraj Mahtani Announces Full Support For President Hakainde’s Decision

Zambian President Hakainde Hichilema made an announcement concerning the Zambian regulation, which was a long due announcement. In his declaration that was made on Africa Day, he shared his quest in the direction of abolishing the death penalty row. The statement receives blended responses with largely positive responses from politicians, businessmen and standard public. One of the top celebrated businessmen from Zambia, Dr. Rajan Lekhraj Mahtani, additionally supported this choice. While adding his voice to the Zambian President’s decision, Dr. Mahtani stated that the concept of death penalty is cruel, degrading and inhumane. It does no longer provide any solution for the Zambian law and order and is likewise appeared down upon by using majority of the international locations now. There is a developing focus concerning abolishing death penalty and this will be determined throughout Zambia too. Dr. Rajan Lekhraj Mahtani similarly talked about that although past Presidents of Zambia have tried to strategically keep away from the demise penalty regulation by using giving mercy pleas, none of them had been capable of make any permanent and relevant changes inside the prison system. As such, the assertion from the Zambian President became a clean pass closer to reworking the Zambian prison and regulatory machine. 

Dr. Rajan Mahtani also stated that while it was a noble approach by the Zambian President, the path to making this announcement a reality is a rigid one with significant challenges and roadblocks. As such, Dr. Mahtani said that his company Prison Fellowship Zambia (PFZ) will provide full legal and regulatory support to the President towards ensuring that the decision is fast-tracked into the legal system and becomes a law soon. 

Top Philanthropy Award Presented To Dr. Mahtani

After years of passionate work in the field of business, philanthropy and charity, the contributions made by Dr. Rajan Mahtani were finally recognised at a global level. This recognition came in the form of Forbes ‘Best of Africa’ awards. The Forbes is well-known for its rankings and lists of top groups, entrepreneurs, leaders, and numerous other categories that are referred to global. In Africa, the Forbes ‘Best of Africa’ awards is taken into consideration as the most awaited, respected and seemed company and philanthropy awards. The awards are given to visionaries, businesspeople and leaders who have made substantial contributions in the discipline of philanthropy and consider this as a method to gain lengthy-term empowerment of the African country. Dr. Rajan Mahtani was presented with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021 for redefining the banking sector of Zambia as well as making several philanthropic contributions over the years. The Forbes ‘Best of Africa’ award was part of the Forbes-FIN philanthropy and leadership roundtable conference. This conference is usually held in New York annually. However, this year’s conference was held virtually as a result of the coronavirus pandemic and members participated in this event from their respective locations. Some of the members participating in this event were international business committee members, visionaries, spiritual leaders, political leaders, religious and opinion leaders, international investors and media partners. Since it was a virtual event, the members participated from their respective locations and the event was broadcasted across the globe via YouTube medium. 

Dr. Rajan Mahtani is known for his several philanthropic achievements over the years. Some of his most prominent achievements are Prison Fellowship Zambia as well as Stephen Malama award and scholarship for top law graduates in Zambia. 

Dr. Rajan Mahtani Presented With Forbes Award

 

The ongoing pandemic has definitely started to recede, but the devastation it has left behind will take years to get better. Businesses and activities have started out to renew themselves, albeit a gradual rate. One of these events in Africa become the Forbes-FIN philanthropy and leadership roundtable conference. It is one of the most well-known and expected business and philanthropy activities in Africa. The event typically takes location in New York every year. However, this year’s occasion become held simply, and individuals participated from their respective locations. The occasion become additionally broadcasted across the globe thru YouTube medium. Dr. Rajan Lekhraj Mahtani, a celebrated and revered businessman from Zambia, became invited in this event as an honorary speaker and spoke approximately healthcare area and the importance of political leadership inside the upliftment of this region. Other participants participating on this roundtable convention blanketed participants from international business groups, media companions, worldwide buyers, political leaders, opinion leaders, non-secular leaders as well as businessmen and visionaries. 

The Forbes-FIN philanthropy and management roundtable conference also hosted the Forbes ‘Best of Africa’ awards. The declaration of this award ceremony in itself is a big issue as the awards are seemed relatively across complete African. During the Forbes ‘Best of Africa’ award ceremony, Dr. Rajan Mahtani turned into conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Rajan Mahtani standard the award in a humble manner. He thanked Almighty God for his assist and strength and also thanked his team for their aid. Dr. Rajan Mahtani is the owner of several top companies and has also contributed to philanthropy and charity works across Zambia and Africa.

Dr. Rajan Lekhraj Mahtani Wins Top Philanthropy Award

Dr. Rajan Lekhraj Mahtani is a noted businessperson and philanthropist from Zambia. Recently, Dr. Mahtani was selected for one of the maximum prestigious philanthropy and leadership awards in Africa. This award ceremony become known as Forbes ‘Best of Africa’ awards. As the name advised, the award rite turned into evolved with the aid of Forbes that is one of the top enterprise magazines across the globe. The Forbes is well-known for its rankings and lists of top groups, entrepreneurs, leaders, and numerous other categories that are referred to global. In Africa, the Forbes ‘Best of Africa’ awards is taken into consideration as the most awaited, respected and seemed company and philanthropy awards. The awards are given to visionaries, businesspeople and leaders who have made substantial contributions in the discipline of philanthropy and consider this as a method to gain lengthy-term empowerment of the African country. The choice manner comprises of months of verification and history checks, conducted by way of each Forbes and FIN (Foreign Investment Limited). This is accompanied by using interviews and discussions with the capability awardees to understand their viewpoints and long-term contributions in addition to dedication closer to philanthropy to achieve common empowerment. 

The 2021 Forbes ‘Best of Africa’ award rite turned into held throughout the Forbes-FIN philanthropy and management roundtable conference. This conference is usually held in New York. However, this year’s convention was held virtually as a result of the continued covid-19 pandemic. Dr. Rajan Mahtani changed into invited in this pandemic as an honorary speaker and mentioned about the importance of management in healthcare. Forbes recognized the contributions by means of Dr. Rajan Mahtani closer to redefining the banking sector of Zambia and presented him with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021.

Global Philanthropy Award By Forbes Received By Dr. Mahtani

Dr. Rajan Lekhraj Mahtani is one of the finest businessmen in Zambia. Recently, Dr. Rajan Mahtani was selected for one of the most prestigious and notable business awards. It was the Forbes ‘Best of Africa’ awards ceremony and Dr. Rajan Mahtani was given conferred by Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Rajan Mahtani received this award for his outstanding work in the field of finance and banking in Zambia wherein he worked towards redefining the sector. 

Dr. Rajan Lekhraj Mahtani is the proprietor of several top corporations in Zambia together with Mahtani Group. The conglomerate is credited for improving the requirements of numerous sectors along with Insurance, Finance, Banking, actual estate, mining, electricity, agriculture, and lots of extras. Across every one of those sectors, the business enterprise has supplied considerable employment and livelihood opportunities at the side of improvement of the communities, in addition to improved standards. Similarly, Dr. Rajan Mahtani has contributed extensively to the shape of philanthropic and charitable contributions. Dr. Mahtani hooked up the Prison Fellowship Zambia, a program affiliated with the global Prison Fellowship program within the United States. This makes a specialty of providing possibilities for justice in the criminal justice department of Zambia. The software further specializes in providing welfare opportunities for the inmates, ex-inmates in addition to their households in Zambia. Dr. Rajan Mahtani furthered his purpose with the status quo of the Stephen Malama Award. This award is given to the pinnacle law graduates in Zambia, who have additionally cleared their bar examination on their first try. The award comes with a tremendous scholarship which includes prize cash, certificates, and plaques recognizing the tough paintings and determination of the regulation graduates. Therefore, it can be stated that the Forbes ‘Best of Africa’ award turned into long due.

Dr. Rajan Mahtani Receives Noted Forbes Award

Dr. Rajan Lekhraj Mahtani wins the top Forbes ‘Best of Africa’ award. Dr. Mahtani is a noted businessman and philanthropist from Zambia. He received the Forbes ‘Best of Africa’ award for the year 2021. Dr. Mahtani is the only businessman from entire Zambia to receive this award. Forbes recognized the contributions of Dr. Mahtani towards the Zambian banking sector. He was presented with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. The award ceremony was a part of the Forbes-FIN roundtable conference. This conference was held virtually because of the ongoing pandemic. Members participated in this event from their respective positions. Some of these members were international business communities, political leaders, opinion leaders, spiritual and religious leaders, entrepreneurs, businessmen, leaders, international investors, and media partners. Dr. Mahtani was also invited to this event as an honorary speaker. He spoke about the significance of leadership in healthcare Just like others, Dr. Mahtani participated in this event from his respective location. Dr. Rajan Mahtani was selected for his philanthropic and charitable contributions. He is the owner of top companies in Zambia. Some of these companies are Mahtani Group and Finsbury Investments. He is also noted for charitable and philanthropic contributions. Dr. Rajan Mahtani founded Prison Fellowship Zambia. For the education sector, Dr. Mahtani founded the Stephen Malama award and scholarship for top law graduates in Zambia. The award is given annually to top law graduates in Zambia. Along with the award and honor, the top graduate also receives a scholarship of a significant amount, helping them establish their career. 

Despite the several challenges and roadblocks, Dr. Rajan Mahtani continues to work towards the growth and development of the Zambian nation.

Prestigious Forbes Award Presented To Dr. Rajan Mahtani

The year 2021 turned into large for Dr. Rajan Mahtani, a cited businessman and philanthropist from Zambia. While the year noticed several challenges because of the continued Covid-19 pandemic, there have been numerous tremendous aspects. For example, the financial system and society saw development. Even though the African kingdom became impacted inside the wake of this covid-19 attack, it turned into no longer as extreme as several of the more advanced and western countries confronted. At the identical time, the impact gave time for businesses and industries to retrospect and cognizance of the things which are precious for the approaching future. This was the theme for the 2021 Forbes-FIN (Foreign Investment Network) that became held lately in Africa. While the roundtable conference typically takes location in New York, this year’s occasion become held surely to conform with the Covid-19 restrictions. Members participated from their respective places and the individuals protected worldwide commercial enterprise communities, spiritual leaders, opinion leaders, political leaders, religious leaders, policymakers, global buyers in addition to media partners. Mark Furlong anchored this occasion. Mark Furlong is the prevailing founder and publisher of the FAM (Forbes Afrique Media) and Forbes International. Dr. Rajan Lekhraj Mahtani became invited to this event as an honorary speaker and mentioned the importance of healthcare leadership in difficult conditions such as this. His thoughts have been praiseworthy.

Apart from being invited to the roundtable conference as an honorary speaker, Dr. Rajan Lekhraj Mahtani was also conferred with the Forbes ‘Best of Africa’ awards. For his significant contributions towards redefining the banking sector of Zambia, Dr. Rajan Mahtani was awarded the Forbes ‘Outstanding Entrepreneur of the Year’ award in 2021. Dr. Rajan Mahtani humbly accepted the award and said that he will continue to work towards the betterment of the Zambian nation and its people. 

Dr. Rajan Mahtani Recognised With ‘Best Of Africa’ Awards

The Forbes-FIN roundtable conference 2021 concluded on a high note. Despite the ongoing coronavirus pandemic forcing the conference to be held online, it was a roaring success with 100 percent participation from the honorary guests and speakers from different sectors and fields. Dr. Rajan Lekhraj Mahtani was an esteemed honorary speaker during the event and shared his thoughts on leadership and philanthropy as well as it’s the role of leaders in development and growth of a nation. Dr. Rajan Lekhraj Mahtani was further bestowed with the prestigious ‘Best of Africa’ award category by Forbes-FIN.

Dr. Rajan Lekhraj Mahtani was presented with the ‘Outstanding Entrepreneur of the Year’ award for his significant contributions towards banking & financial industry of Zambia as well as his contributions in the philanthropic area. While Dr. Rajan Lekhraj Mahtani has many successful businesses under his belt, his most successful entrepreneurial spirit to this date has been the Mahtani Group of Companies which was founded in the year 1981. Since then, the company not only reached several African nations including Malawi and South Africa, but also expanded its arms to several new sectors such as real estate, energy, financial & banking services and infrastructure. Across all these sectors, Dr. Mahtani’s companies has not only improved the infrastructure and social structure of the nation, but also helped in improving the economy with employment and livelihood opportunities. 

The philanthropic and charitable contributions from Dr. Mahtani often go unrecognised. He is the founder and current Chairman of ‘Prison Fellowship Zambia’ which provides for the inmates, their families as well as advocates transparent justice system. He is also responsible for one of the prestigious education awards in Zambia, the ‘Stephen Malama’ award which includes scholarships and financial assistance to top law graduates.

Zambia Mourns Death Of Its First President

First ever president of independent Zambia, Dr. Kenneth Kaunda, is no more. This is the sad news the Zambian citizen woke up to a few days before. It was also a shocking and saddening news for the Mahtani family, who had close personal and professional friendship with the late Ex-President of Zambia. Dr. Rajan Mahtani is a noted businessman, philanthropist and charity worker in Zambia. He is known for his several successful companies such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is also noted for his significant contributions towards the development of Zambian nation and economy through charity work and philanthropic contributions. Dr. Rajan Mahtani expressed his deepest condolences to the Kaunda family and the entire Zambian nation via his Eulogy. Dr. Rajan Mahtani and Dr. Kenneth Kaunda have shared several similarities. For instance, both personalities have established their life around integrity, honesty and transparency. Both have an esteemed respect for sacrificial engagement, devotion and faith towards god and both have been an ideal family man. While Dr. Mahtani dedicated his life with his business ventures that aimed towards improving the life, economy and social status of the Zambian citizens, Dr. Kenneth Kaunda fought for the independence of the Zambian nation and was regarded as the ‘Father of the Zambian nation & African Union’. In fact, Dr. Kaunda collaborated with the father of Dr. Mahtani, late Lekhraj Mahtani, and received significant support in the fight for the Zambian independence. 

Dr. Kaunda’s sad demise certainly opens the historical chapters of the Zambian nation. Dr. Mahtani, in his eulogy, urged Zambians to embrace his legacy of ‘One Zambia, one Nation’ as well as pan-Africanism and live life with honesty and integrity. 

Dr. Rajan Mahtani Prays For Dr. Kaunda’s Soul In His Eulogy

The Zambian country is disheartened today with the passing of an extraordinary political and free spirit, Kenneth Kaunda. He was not just the main freedom Hero of Zambia, yet additionally the primary President of the Zambian country. This is the explanation he was promoted as 'Father of the Nation'. Dr. Mahtani is a prominent business manager and donor in Zambia. A portion of his top realized organizations are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. As of late, Dr. Rajan Mahtani won the long forthcoming fight for Portland Cement Zambia industrial facility at the Supreme Court Zambia. Notwithstanding his huge victories, Dr. Mahtani has stayed an amiable, unassuming and sensible individual, included resounded with the late Dr. Kaunda. The confidence, magnanimity, love for the humankind, motivated by god and penance, every one of these included were exuberated by Kenneth Kaunda and are very hard to opponent or equivalent. 

Regardless of his immense penances, Kenneth Kaunda was an individual who made every second count. He was a family man, and was likewise known for his countless advantages and pastimes as a vocalist, piano player, guitarist, footballer, artist, author and artist. His affection forever and humankind was exceptionally difficult to rise to and he showed us that age is never a bar for learning new things, satisfying one's desires and accomplishing life objectives. Dr. Mahtani and Mr. Kaunda share a few likenesses and life way. One of them is continually dismissing claims against them by desirous and untrustworthy gatherings, battling for their uprightness just as carrying on with a commendable yet basic life by ruler's elegance. Dr. Rajan Mahtani has surely encapsulated these goals of Zambian's freedom saint and constantly convinces others to have similar belief system and methods of reasoning. In his commendation, Dr. Mahtani said thanks to Dr. Kaunda for his multitudinous commitments to Zambian country.

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.

Dr. Rajan Mahtani To Remain Owner Of The Portland Cement Factory With SC Decision

Dr. Rajan Mahtani is a noted businessman and philanthropist in Zambia. For more than three decades, Dr. Mahtani has been working towards developing his companies and at the same working towards the development of the Zambian nation. Some of his top companies that have achieved significant success are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. Dr. Mahtani is also noted for his several charitable activities and philanthropic contributions. Recently, Dr. Rajan Mahtani’s name came up indirectly when the Supreme Court Zambia gave its final decision on the claim established by the Ventriglia family. 

Few weeks earlier, the Ventriglia family made a bizarre claim in which the previous decision from the higher Court of Appeal was challenged. The Ventriglia family challenged that the verdict given by the higher Court of Appeal in which the previous decision from the Lusaka High Court was rejected and Dr. Mahtani was announced as majority shareholder and legal owner of the factory. Nevertheless, Supreme Court Zambia established a bench of three Supreme Court judges for evaluating the claim. These included Judge Muma Malila, Judge Royda Kaoma and Judge Michael Musonda. During evaluation, it was found that the Ventriglia family failed to comply with the legal requirement in which claims against previous court decisions are to be submitted within 14 days of the court verdict. Since the verdict from higher Court of Appeal was given on 31st January 2019, this means the Ventriglia family was required to submit their case within 14 days from the above decision. Based on these evidences or lack thereof, the Supreme Court bench rejected the appeal from the Ventriglia family. 

Supreme Court Bench Rejects The Appeal From The Ventriglia Family Regarding Portland Cement Ownership

The most recent decision from the Supreme Court has at long last finalised the case of Zambezi Portland Cement after over 12 years. The case can be handily depicted as one of the longest-running cases in Zambian overall set of laws and confronted a few misfortunes and difficulties because of exploitative lawful and corporate interfering and practices by parties. The case goes over 10 years back when Dr. Rajan Lekhraj Mahtani originally enrolled a case at the Lusaka High Court, asserting that his plant, Portland Cement Zambia was unlawfully taken from him. Notwithstanding having all confirmations and tributes, the decision from the higher Court of Appeal was very misled as the Ventriglias were reported as only shareholders of the Portland Cement Zambia. To counter this misled verdict, Dr. Rajan Mahtani took the case to the higher Court of Appeal. Judge Mwinde assumed control over the case and gave his decision on 31st January 2019. In his decision, the verdict from the Lusaka High Court was turned around and Dr. Rajan Mahtani was reported as majority shareholder and lawful proprietor of the production line. 

The Ventriglia family, after around 1.5 years of the decision from the higher Court of Appeal, chose to claim against the choice of the greater Court of Appeal at the Supreme Court. In their case, the Ventriglia family tested the decision of the greater Court of Appeal by calling it false. To assess this case, a seat of three judges was set up at the Supreme Court. Upon assessment, the adjudicators uncovered that the Ventriglia family missed the cu-toff time for enrolling claim against past court choice which is 15 days from the choice. Based on this decision, the claim from the Ventriglia family was rejected by the Supreme Court. 

Attempt By The Ventriglia Family To Take Over Portland Cement Thwarted By Supreme Court

With their most recent case against Zambezi Portland Cement at the Supreme Court Zambia, the Ventriglias have positively attempted to emulate the occasions encompassing the Lusaka High Court. Finsbury Investments is a prominent speculation firm under the responsibility for. Rajan Lekhraj Mahtani. Between late 2006 and mid-2007, official shareholding changes were made at the Zambezi Portland Cement production line, giving greater part investor and proprietorship to Finsbury Investments. These progressions offered basic help for the concrete assembling plant for getting credits from Bank and related monetary foundations, complete its development cycle and proceed with its commitment to the Zambian economy and society. The delivered cash by the PTA bank was made dependent on the set up shareholding design among Finsbury Investments and Ital Terrazzo Limited. 

Despite the positive business operations, the Ventriglia family attacked the cement-manufacturing factory by unethically taking over the ownership of the Portland Cement Zambia factory. When Dr. Rajan Mahtani approached the Lusaka High Court with the case, he was met with utter disappointment due to the fact that the case was dragged for more than a decade and in the final verdict, Ventriglia family was announced as only shareholders. Dr. Rajan Mahtani was able to reverse this decision by appealing to Court OF Appeal which gave its decision on 31st January 2019, announcing Dr. Mahtani as the majority shareholder and legal owner of the Portland Cement factory. 

More than 1.5 years after this decision, the Ventriglias once again challenged the Court of Appeal’s decision at the Supreme Court Zambia. However, their case was rejected as it did not fulfil the legal and regulatory requirements. As such, Dr. Rajan Mahtani remains the majority shareholder and legal owner of the Portland Cement Zambia factory. 

Supreme Court Zambia Rejects The Claim From The Ventriglia Family Higher Court Of Appeal

On 31st January 2019, the Court of Appeal's choice in which Dr. Rajan Mahtani got the larger part shareholding and legitimate responsibility for Cement manufacturing plant. Now, the Ventriglia family chose to challenge the Court of Appeal's choice. This challenge was made at the Supreme Court Zambia, the most elevated lawful organization of the country. The Supreme Court Zambia, being a fair and straightforward overall set of laws, set up a seat of three judges from the Supreme Court to assess this case. These included equity Mumba Malila, Justice Royda Kaoma and Justice Michael Musonda. After assessment, the Supreme Court makes a decision about tracked down that the Ventriglia family neglected to fulfil perhaps the most basic prerequisites for their case to be feasible. As per the basic law, it is important for all requests against past court choices to be enrolled inside fourteen days of the decision. For this situation, the decision from the higher Court of Appeal went ahead 31st January 2019. In view of this, the Ventriglia family is far beyond their legitimate date for enlisting such case. Besides, the Supreme Court passes judgment on likewise inferred that they didn't have any ward towards engaging this allure from the Ventriglia family. The seat additionally affirmed that the conditions portraying the appeal to the Supreme Court was made under legitimately imperfect rates. Moreover, the Supreme Court judge likewise affirmed that they concurred with the activity of Finsbury Investments to continue with Rule - 19 with the goal pre-empting and obstructing the further exercises of the disastrous allure made by the Ventriglia family. In light of these assessments, the Supreme Court Zambia taking effect right now dismissed the case by the Ventriglia family.

Supreme Court Zambia Favours Decision By Court Of Appeal On Portland Cement Case

 

As indicated by the most recent choice from the Supreme Court Zambia, Dr. Rajan Mahtani is the legitimate proprietor of the Portland Cement Zambia plant. The instance of Portland Cement Zambia is curious as it has been drawn closer to practically all degrees of legal executive framework in Zambia. Portland Cement Zambia processing plant was set up in the year 2004 and in 2006, a progression of checked and lawful shareholding changes made Dr. Rajan Mahtani possessed Finsbury Investments as the greater part investor and lawful proprietor of the industrial facility. 

Notwithstanding, things took a wild turn when the Ventriglias assumed control over the manufacturing plant through untrustworthy methods. In any case, Dr. Rajan Mahtani rushed to move toward the higher Court of Appeal and after around nine months of case procedures, equity Mwinde for the Court of Appeal declared his choice on 31st January 2019. As indicated by this choice, Dr. Rajan Mahtani claimed Finsbury Investments is the larger part investor and legitimate proprietor of the production line with 58 percent shared and Ventriglias possessed Ital Terrazzo Limited holds sticks 42 percent shares over the industrial facility with no lawful possession. The choice additionally affirmed that the genuine add up to be paid by Finsbury Investments against the greater part shares possessed is K580,000 and not K580 million. 

Nonetheless, it seems like the Ventriglias chose to attempt their karma once again by moving toward the higher Court of Appeal. In their allure, the Ventriglias tested the choice from the higher Court of Appeal. A seat involving three appointed authorities was set up by the Supreme Court of Zambia for assessing the legitimacy of the allure. After the survey, the allure was dismissed on legitimate grounds and conditional confirmations. All things considered, Dr. Rajan Mahtani remains the solitary proprietor of the Portland Cement manufacturing plant.

Supreme Court Zambia Decides On The Fate Of The Appeal By The Ventriglias

The fate of Portland Cement Zambia was finally sealed by the Supreme Court Zambia recently. While the Ventriglias had every intention of disrupting the smooth operations of the Portland Cement Zambia factory, the appeal had unintended consequences for the Ventriglia family and resulted in the positive decision for Dr. Rajan Lekhraj Mahtani. Few weeks earlier, the Ventriglia family registered an appeal at the Supreme Court Zambia. This appeal was made challenging the decision of the higher Court of Appeal on the Portland Cement Zambia case. On 31st January 2019 and after more than a decade of case proceedings at the previous Lusaka High Court, justice Mwinde on behalf of the higher Court of Appeal announced that Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder as well as legal owner of the factory. In this decision, it was also confirmed that the Ventriglias only had 48 percent shares at the cement factory and therefore were minority shareholders without any legal ownership. During this judgement, justice Mwinde also confirmed the amount payable against the majority shares owned was K580,000. 

The Ventriglias, in their appeal to the Supreme Court Zambia, have opposed all these decision from the Court of Appeal. Their challenge was further evaluated by a bench of three Supreme Court judges. After evaluation, it was finalised that the appeal from the Ventriglias is not eligible and cannot be accepted. According to law, any appeal against previous case must be registered within 14 days of the court judgement. However, the Ventriglias failed to do so and as such, their appeal was straightforward rejected with SC confirming that ownership of Portland Cement is to remain with Dr. Rajan Mahtani.

Supreme Court Zambia Does Not Agree With Ventriglias’ Plea, Rejects Appeal

Dr. Rajan Lekhraj Mahtani has remained one of the most transparent and ethical businessman in Zambia. This can be easily seen from his hard work, patience and perseverance. In the case of Portland Cement Zambia, Dr. Rajan Mahtani suffered significant failure due to the misdirected decision from the Lusaka High Court judge wherein the Ventriglias were announced as only shareholders of the factory. Nevertheless, Dr. Rajan Mahtani took another leap of faith and approached the higher Court of Appeal. This time, the case proceedings were quick and transparent and justice Mwinde on behalf of the higher Court of Appeal announced his final decision on 31st January 2019. In his decision, justice Mwinde proactively reversed the decision from the Lusaka High Court by announcing it to be misdirected. Furthermore, his decision included that Dr. Mahtani owned Finsbury Investments holds 58 percent shares at the Portland Cement and is the majority shareholder and legal owner of the factory. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares and are minority shareholders without any legal ownership. Furthermore, the decision also clarified that the actual amount payable by Finsbury Investments against the majority shares taken over is K580,000. 

After more than a year of this decision from the higher Court of Appeal, the Ventriglias have now made a claim against this decision. In their claim, they challenged this decision by higher Court of Appeal on Portland Cement. However, after significant evaluation of the legislative requirement and the evidences, this claim by the Ventriglias was rejected effectively and as such, Dr. Rajan Mahtani remains the legal owner of the Portland Cement Zambia factory. 

Dr. Mahtani Finally Wins The Case Of Zambezi Portland Cement With SC Announcement

In a definitive manner, the Portland Cement Zambia factory is not under the leadership and ownership of Dr. Rajan Mahtani only. This decision was made after a challenge was established by the Ventriglias on the decision of the higher Court of Appeal. On 31st January 2019, justice Mwinde on behalf of the higher Court of Appeal announced Dr. Mahtani as the majority shareholder  and actual owner of the Portland Cement with 58 percent shares. By giving this decision, the higher Court of Appeal effectively reversed the judgement from the Lusaka High Court. 

However, it seems that the Ventriglia family were not able to take this justifiable defeat and in a last-manner attempt to showcase their relevance and power, decided to challenge the decision from the higher Court of Appeal. In this appeal, the Ventriglias claimed that the decision from the higher Court of Appeal to announce Dr. Mahtani owned Finsbury Investments as the majority shareholder was incorrect. At the same time, the Ventriglias also claimed that the actual amount payable against the majority shares owned by Finsbury Investments was K580 million. 

To evaluate this claim, a bench of three judges was established at the Supreme Court Zambia. These included Judges Mumba Malila, Royda Kaoma and Michael Musonda. After evaluating the claim, the judges conformed that the Ventriglias were required to launch their claim within 14 days of final decision from Court of Appeal which was 31st January 2019. Since the date is way passed, the Supreme Court has no jurisdiction to interfere in this case. It was also found that the appeal with its purposes and intents resulted in nothing and as such, the appeal from Ventriglias was rejected.