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.

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.