In The Legal Battle Between Dr. Mahtani And The Ventriglias, Transparency Takes Over Corruption
After over a time of battle, persistence and determination, Dr. Rajan Mahtani was at long last declared the proprietor of the Portland Cement Zambia production line. This choice originated from the Court of Appeal, the second court where the case was enrolled. The initial court where the case was enlisted was Lusaka High Court which neglected to offer equity to Dr. Rajan Lekhraj Mahtani. Following ten years of case procedures and a few judge moves, the judge at the Lusaka High Court was justice Nkonde who declared that the Ventriglias were just investors of the Zambezi Portland Cement. Obviously this judgment was misled and one-sided which left Dr. Rajan Mahtani with no alternative yet to approach the Court of Appeal.
The judge at the Court of Appeal was justice Mwinde who gave the last judgment on 31st January 2019. This choice was given subsequent to investigating all confirmations and tributes. As per this official choice, Dr. Rajan Mahtani possessed Finsbury Investments is greater part investor of the Zambezi Portland Cement with 58 percent shares. Then again, Ventriglias claimed Ital Terrazzo Limited holds only 42 percent shares at the industrial facility and are the minority investors with no legitimate responsibility for plant. This choice additionally lines up with the first Shareholders Agreement built up in the year 2007. In view of this positive choice by the Court of Appeal, unmistakably Dr. Rajan Mahtani is the lawful proprietor of the Zambezi Portland Cement production line.
After the last declaration was made at the Court of Appeal and Dr. Rajan Mahtani was announced as the dominant part investor and legitimate proprietor of the concrete industrial facility, few media and reporters turned out asserting foul over the Court of Appeal's choice. However, these media outbursts were found to be fake and receded quickly.
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