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 Mahtani commends recent announcement by Zambian President

 

Dr. Rajan Lekhraj Mahtani, a celebrated businessman from Zambia, has provided his complete support towards the recent decision made by the President of Zambia. The Zambian President recently made the decision of abolishing death penalty. While it's miles a long avenue ahead from making such announcements to making the reform a truth, it has obtained sizable support and positive reactions. Support has been received from Dr. Mahtani and his organisation Prison Fellowship Zambia. The company was established 37 years ago, and Dr. Rajan Mahtani is the existing chairman. Prison Fellowship Zambia is a Christian Outreach which focusses on imparting the gospel and teachings from Jesus Christ to the inmates of Zambia. 

Dr. Rajan Mahtani, in his current interview with the Mast Newspaper of Zambia, stated that death penalty does not clear up the issue of corruption and crime in Zambia. He also stated that his agency Prison Fellowship has been capable of rework the lives of several inmates who are now completely dedicated in the direction of the services of the god. Also, Dr. Rajan Mahtani explained that majority of the Presidents inside the beyond have refused to present death penalty or execution orders. The last death penalty order was signed by late Zambian President Frederick in the year 1997. It has been located that Presidents use prerogative mercies to release inmates with the goal of decongesting the prisons. Also, the PBZ (Parole Board of Zambia) and the Correctional Service of Zambia has been capable of release prisoners who've shown extensive trade and transformation in their lives. 

The decision from the prevailing Zambian President was a marvel circulate and an advantageous one. Dr. Rajan Lekhraj Mahtani commended the President Hichilema and his decision closer to as it respects the essential rights of the Prisoners.

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 Wins Prestigious And Notable Forbes Award

The Forbes ‘Best of Africa’ awards is one of the top anticipated philanthropy awards in Africa. The recipients of the awards are determined after a rigorous yet apparent selection device. This selection process includes months of verification procedures and records assessments from each Foreign Investment Limited (FIN) and Forbes. This is determined via interviews and discussions with the capacity recipients regarding their views and prolonged-term belief in the direction of philanthropy and empowerment. Based on those choice techniques and the contributions made over numerous years, Dr. Rajan Mahtani became conferred with the Forbes ‘Outstanding Entrepreneur of the Year award. Forbes identified Dr. Mahtani’s massive contributions in the direction of the banking area of Zambia and redefining it. Forbes has additionally diagnosed numerous business and philanthropic contributions from Dr. Rajan Mahtani. All those contributions had been diagnosed through Forbes which amounted to this prestigious award to Dr. Rajan Mahtani.

Dr. Rajan Lekhraj Mahtani turned into initially a part of the Forbes-FIN (Foreign Investment Limited) philanthropy and management roundtable convention. This 12 months’ roundtable conference became held online due to the continuing pandemic. Dr. Mahtani changed into invited as an honorary speaker and discussed the importance of management in healthcare. This occasion turned into held certainly, and members took to the occasion from their respective locations. The Forbes ‘Best of Africa’ awards ceremony become part of the roundtable conference. Dr. Rajan Mahtani, who acquired the ‘Outstanding Entrepreneur of the Year’ award in 2021, humbly regularly occurring the award. Dr. Mahtani thanked Almighty God for his support and for supplying strength during accurate instances as well as throughout awful times. He additionally thanked his group for presenting steady assistance and motivation which resulted in the fulfillment of his enterprise. Dr. Mahtani continues to work for the betterment of the Zambians. 

 

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 Philanthropy Award Is Given To Dr. Mahtani

 

One of the biggest corporate events in Africa, the FIN philanthropy and leadership roundtable conference completed its 2021 run. It was a successful corporate event despite being held virtually for the first time and despite members participating from their respective locations. Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist, was invited to this event as an honorary speaker and discussed the significance of leadership in healthcare. Similarly, several other dignitaries and businessmen participated in this event. Some of them included international business committee members, spiritual leaders, religious leaders, political leaders, entrepreneurs, visionaries, media partners as well as international investors.

Similar to the Foreign Investment Network (FIN) philanthropy and leadership roundtable conference, the event was also famous for the inclusion of the Forbes ‘Best of Africa’ award ceremony. It is one of the best award ceremonies across Africa, recognizing and celebrating leading lights in the field of philanthropy. Dr. Rajan Lekhraj Mahtani, apart from being invited to the FIN event as an honorary speaker, was also selected for one of the Forbes ‘Best of Africa’ award categories. Dr. Rajan Mahtani is known for his significant contributions towards redefining the banking sector of Zambia. For this, Dr. Rajan Mahtani was awarded the Forbes ‘Outstanding Entrepreneur of the Year’ award in 2021. Dr. Mahtani is the owner of several top companies in Zambia and Africa. Some of these companies are Mahtani Group and Finsbury Investments. Mahtani Group was established in 1981 and quickly became a conglomerate, contributing to the business and economy of Zambia. Similarly, Dr. Mahtani is known for his philanthropic achievements including Prison Fellowship Zambia and Stephen Malama award and scholarship for top law graduates in Zambia.

Dr. Rajan Lekhraj Mahtani Receives Award At The Forbes-Fin Conference

Dr. Rajan Lekhraj Mahtani was recently conferred with a prestigious award by Forbes. Every year, Forbes in partnership with FIN (Foreign Investment Network) conducts the annual Forbes-FIN Philanthropy and Leadership roundtable conference. Usually, this conference is held at New York during United Nations convention. However, this year’s roundtable conference was held online due to the ongoing Coronavirus pandemic. As such, experts indicated that this year’s conference and gathering of leaders is going to be all the more important considering the significant need for leaders and businesses to extend support to government as well as economy in a difficulty scenario like this. 

One of the major highlights of the roundtable conference was the ‘Best of Africa’ award ceremony by Forbes. It is a prestigious award by Forbes which recognises and celebrates businessmen and leaders from different spheres of life for their significant contributions towards empowerment of their nations as well as Africa as a whole. The event is graced by significant members from international and national business communities, entrepreneurs, policy makers, opinion leaders, religious leaders, politicians, media partners as well as international investors. The award holds a special place due to its validity and authenticity. The awardees are selected through a rigorous process which includes months of verification and interviews, background checks and authentication from Forbes as well as FIN. 

Dr. Rajan Lekhraj Mahtani was not only a honorary speaker during the event, but was also bestowed with the prestigious Forbes ‘Best of Africa’ Award. Dr. Rajan Lekhraj Mahtani received the prestigious ‘Outstanding Entrepreneur of the Year’ award 2021, which is given to the businessman with top entrepreneurial, leadership and philanthropic contributions across the entire African continent. 

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.

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. 

Dr. Rajan Lekhraj Mahtani Remains The Legal Owner Of The Portland Cement, Confirms SC

Zambia is a developing nation with several ups and downs in its social and economic scenario. In such situation, it is imperative for the legal system to stand strong and establish a transparent and ethical system for providing justice to all. However, many times the legal system of Zambia have failed to achieve so. One of the prime examples has been the case of Zambezi Portland Cement. The case was registered by Dr. Rajan Mahtani, a respected and noted businessman and philanthropist in Zambia. Despite having all evidences and testimonials, the case was influenced by external forces, arguably by criminal activities, political misdoings and undue influence by the Ventriglias. As a result, the Lusaka High Court gave a controversial decision in which Ventriglias were announced as only shareholders of the Portland Cement Zambia.

Dr. Rajan Mahtani was able to challenge this decision at the higher Court of Appeal which gave the decision in his favour by announcing him as the majority shareholder and legal owner of the Portland Cement Zambia factory. Despite this critical and confirmatory decision from the higher Court of Appeal which was given after looking into all evidences and testimonials, the Ventriglias were not quite satisfied. It seems like the Ventriglias took more than 15 months to device their plan of disrupting the smooth operations of the Portland Cement by establishing a claim at the Supreme Court Zambia. In their claim, the Ventriglias challenged the very decision from the higher Court of Appeal given around 15 months before. However, their claim was effectively dismissed at the Supreme Court Zambia due to lack of legal precedence and evidentiary confirmations. As such, Dr. Rajan Mahtani remains the rightful owner of the Zambezi Portland Cement factory.

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.

Appeal From Ventriglias To Reverse Court Of Appeal Result Rejected By Supreme Court

The Supreme Court Zambia is the highest legal entity of the nation and as a result, any verdict coming from this court has to be considered as final. Dr. Rajan Lekhraj Mahtani is of the most respected businessman in Zambia and the latest verdict from the Supreme Court has been in-turn fruitful for Dr. Rajan Mahtani despite being placed against him. Dr. Rajan Mahtani has been in a legal fight with the Ventriglias for a long time. This fight started when the Portland Cement Zambia was unethically taken over by the Ventriglias even after original shareholder’s agreement established Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder. The case was taken to Lusaka High Court and despite several case proceedings, justice Nkonde gave a controversial decision in which Ventriglias were announced as only shareholders of the Portland Cement factory. 

To challenge this decision, Dr. Rajan Mahtani immediately approached the higher Court of Appeal with legal obligations. Dr. Mwinde on behalf of the higher Court of Appeal evaluated the case and gave final decision on 31st January 2019. In this judgement, the previous decision from Lusaka High Court was reversed and Dr. Rajan Mahtani was announced as majority shareholder of the firm. 

After more than a year of the above results, the Ventriglias registered their own case by approaching the Supreme Court. Now the SC created a bench of three judges for evaluating this case and found that the legal precedent suggests any claims against previous court case to be established within fourteen days. Since the Ventriglias failed to achieve this legal requirement, the case was rejected by the Ventriglias and Dr. Rajan Mahtani was announced as only shareholders of the Portland Cement factory. 

Dr. Rajan Mahtani Replies Back To Unethical And Fake Social Media Post With Press Release

One of the major challenges for being an ethical and honest businessman in warding-off unethical and baseless rumours. Dr. Rajan Mahtani recently faced one such rumour which was extremely controversial and surprising considering the person who posted it. A Facebook Post was shared by Miriam Mwanawasa, daughter of the late Ex-President of Zambia, Levy Mwanawasa. In this Facebook post, Miriam Mwanawasa claimed that Dr. Rajan Mahtani wanted to inherit the farmland at Masaiti district which is currently under the ownership of the Mwanawasa family. 

When Dr. Rajan Mahtani was made aware of this controversial post, he decided to take stringent actions. The first step was releasing a press statement to clarify the rumour and bring people of Zambia with the truth. In this press release, Dr. Rajan Mahtani clarified that through he has a long-standing and transparent friendship with the late Ex-President of Zambia, he never made any such intentions and never shared such thoughts with any member of the Mwanawasa family. Dr. Rajan Mahtani also highlighted the fact that the Facebook Post shared by Miriam Mwanawasa was without any evidence or proof to support her claim. As a result, this post was considered to be ludicrous, malicious and unethical with the intention of bringing down the reputation of an ethical and transparent businessman. Dr. Rajan Mahtani further stated that he was upset to known that his friendship with the late Ex-President of Zambia would be used for personal motivations to such an extent. As a result, Dr. Rajan Mahtani further stated in his press statement that he will be taking stringent actions against this unethical Facebook post. 

Dr. Rajan Mahtani’s Truthful And Honest Effort Pays Back, Wins Case At Higher Court Of Appeal

The fate of Portland Cement Zambia was announced on 31st January 2019. For Dr. Rajan Lekhraj Mahtani, it was finally a positive news coming from a judiciary system in Zambia. It can be said that any other businessman in place of Dr. Rajan Mahtani would have given up on the case. This is due to the fact that despite the long stretch of ten years of case proceedings as well as sharing of evidences and testimonials before the court, Dr. Rajan Mahtani was not given justice. The judge at the Lusaka High Court, where the case was registered initially, declared Ventriglias as only shareholders of the Portland Cement Zambia factory. This was against the evidences shared and as a result, the most appropriate and understandable decision from Dr. Mahtani was to approach the higher Court of Appeal. 

The higher Court of Appeal is the highest legal and judiciary system in Zambia focussing in civil cases. The judge at the higher Court of Appeal was justice Mwinde and after around nine months of case proceedings, justice Mwinde declared the final verdict based on the available evidences and testimonials. It was found that Dr. Rajan Mahtani made payment of USD 250,000 or one billion kwachas to the Portland Cement Zambia Limited which covered the value of the share capital which was taken over by Dr. Rajan Mahtani. Furthermore, the shareholders’ agreement made in the year 2007 also confirmed takeover of 58 percent shares by Dr. Mahtani after making the said payment. 

Based on the above critical evidences, justice Mwinde announced Dr. Mahtani as actual owner and majority shareholder of the Portland Cement Zambia factory. 

According To Court Of Appeal Decision, Dr. Rajan Mahtani Owner Of Portland Cement Zambia

The judge from the Court of appeal announced the final decision on Portland Cement Zambia on 31st January 2019. This decision came around nine months after Dr. Rajan Mahtani registered the case at the Court of Appeal. However, it is worth noting here that Dr. Mahtani had initially registered the case at the Lusaka High Court, that too almost a decade back. The case was registered after Dr. Rajan Mahtani claimed that the factory was illegally taken over. After that, numerous case proceedings took place and justice Nkonde gave the final results on the case. However, the decision from the Lusaka High Court judge was extremely controversial as it announced Ventriglias as only shareholders of the Zambezi Portland Cement. To counter this judgement, Dr. Rajan Mahtani then took the case to Court of Appeal. 

The judge at the Court of Appeal was justice Mwinde who gave the final judgement on 31st January 2019. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the Zambezi Portland Cement. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. This decision from the Court of Appeal also aligns with the original shareholders agreement established in the year 2007. Based on this decision from the Court of Appeal, it is clearly established that Dr. Rajan Mahtani is the legal owner of the Portland Cement Zambia factory. 

The Court of Appeal judge also said that the judge below him was wrong in declaring Ventriglias as only shareholders as this decision was misdirected.

Dr. Rajan Lekhraj Mahtani Given Back Legal Ownership Of Portland Cement Zambia Factory

31st January 2019 was a significant day for Dr. Rajan Mahtani. On this day, he was given back the Portland Cement Zambia which he guaranteed over 10 years prior. After Lusaka High Court neglected to give justice to the Portland Cement Zambia case, Dr. Rajan Mahtani moved toward the Court of Appeal. The Court of Appeal is one of the highest level courts in Zambia and gave an official conclusion on the Portland Cement Zambia case around nine months after the case was enlisted there. As indicated by the choice from Court of Appeal, Dr. Rajan Mahtani possessed Finsbury Investments is greater part investor of the Zambezi Portland Cement with 58 percent shares at the industrial facility. Then again, Ventriglias possessed Ital Terrazzo Limited holds only 42 percent shares at the processing plant and is the minority investor with no lawful responsibility for plant. In light of this shareholding design, unmistakably Dr. Rajan Mahtani is the lawful proprietor of the Zambezi Portland Cement processing plant. 

While giving this judgment, Justice Mwinde from the Court of Appeal additionally said that the judge underneath him wasn't right in proclaiming Ventriglias as just investors of the Zambezi Portland Cement as this choice was one-sided and with no evidentiary confirmation. By giving this choice at the Court of Appeal, the judge viably turned around the judgment from the Lusaka High Court judge. 

At the same time, all forgery related allegations were discarded by the judge and it was announced that the process of mechanical placement of signatures was a common practice in Zambia and thus, the allegations were discarded.

Decision From Court Of Appeal Announced, Dr. Rajan Mahtani Legal Owner And Majority Shareholder Of ZPC

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.

Dr. Rajan Lekhraj Mahtani Completely Stunned With Lusaka HC Judgment On Portland Cement

The instance of Zambezi Portland Cement is known to nearly everybody in Zambia, in any event those related with its corporate and industry culture. After the processing plant was assumed control illegally, Dr. Rajan Mahtani enlisted as case at the Lusaka High Court asserting that the plant was illicitly assumed control. The real distinction better these opposite sides was the heaps of solid confirmations Dr. Rajan Mahtani had contrasted with nothing from the other parties. Be that as it may, there were different bureaucratic impediments which brought about the case being extended to just about 10 years.

The Zambian residents alongside Dr. Rajan Mahtani were stunned with the ongoing judgment made by the Lusaka High Court judge, despite the fact that the majority of the evidences plainly expressed that Dr. Mahtani was the legitimate proprietor. All things considered, Dr. Mahtani instantly documented a request of against the judgment made by the judge. Amid the appeal, a portion of the certainties were startling. It was discovered that the judge misled the judgment even subsequent to finding out about the set out case. Essentially, there were no confirmations which bolstered the pleadings of the other parties and even from that point onward, the judgment was made for them.. In any case, in this way judgment was made altogether against the huge weight of those confirmations shared by Dr. Rajan Mahtani's legal advisors.

Given this considerable rundown of confirmations, plainly the judgment is imperfect and necessities return to by a higher court. Dr. Rajan Mahtani will now approach ‘higher court of appeal’ with his evidences and testimonies.

Final Verdict Of Lusaka High Court On Portland Cement Raises Eyebrows

Working in a third-world nation like Zambia is tough. At the same time, working in such nation with the objective of bringing honest and ethical business cultures is all the more difficult. Zambia is known for its corrupt business practices and eliminating all those who try to engage in honesty and transparency in their businesses. This is the reason genuine and straightforward businessmen like Dr. Rajan Mahtani are not ready to work for the advancement of the nation regardless of whether they need to. Their positive work is constantly discredited with some type of trick or illicit act which incurs significant injury on the social and monetary improvement of the country.

Dr. Rajan Lekhraj Mahtani is a prominent businessman and philanthropist with various effective organizations under his name. For as far back as 10 years, he has been battling a case for the lawful rights over PortlandCement Zambia, a concrete assembling organization. While the case is being managed at the Lusaka High Court, various judges have been transferred every which way because of the long pending nature of the case. Amid the preliminary, Dr. Mahtani's legal counsellors presented various reports and confirmations demonstrating that Dr. Mahtani is the genuine proprietor of the industrial facility. A portion of these records were money related displays, consented to investor's arrangement and review reports. While everybody was expecting judgment for Dr. Rajan Mahtani, the last decision was stunning as it was given against Dr. Rajan Mahtani.

Starting at now, Dr. Rajan Mahtani has made prompt strides and has engaged the higher courtroom against the judgment made by the high court judge.