Decade Long Wait For Dr. Mahtani Ends With Comfortable And Quick Win At The Court Of Appeal
The occasions encompassing Portland Cement Zambia present a dreary truth of the Zambian economy. The instance of Portland Cement Zambia is over 10 years old and was at first enrolled by businessman Dr. Rajan Lekhraj Mahtani. Dr. Rajan Mahtani has significant business experience and accomplishments as effective undertakings like Finsbury Investments and Mahtani Group of Companies. In spite of his straightforward and genuine nature and moral strategic policies, Dr. Rajan Mahtani faces critical difficulties as circumspect substances, exploitative practices by government foundations and across the board gift and defilement, making it hard to proceed with his straightforward and moral strategic approaches. In spite of these difficulties, there have been no cases wherein Dr. Mahtani or any of his concern elements have occupied with untrustworthy strategic policies.
Portland Cement Zambia is a case which has tried Dr. Mahtani's patience and perseverance over and over. This case was enrolled first at the Lusaka High Court after the industrial facility was unscrupulously taken from Dr. Mahtani. In spite of sharing cursing confirmations and tributes, the judge at the Lusaka High Court gave a very dubious judgment and that excessively after around a time of pausing and various court procedures. As indicated by this choice, Ventriglias were reported as just investors of the Portland Cement Zambia manufacturing plant. It was clear that this choice was misled and thus, Dr. Rajan Mahtani moved toward the Court of Appeal.
The Court of Appeal declared its ultimate choice on 31st January 2019. It was a generally speedy choice when contrasted and the long pendency of the Lusaka High Court. In view of the choice from the Lusaka High Court judge Mwinde, it was affirmed that Dr. Rajan Mahtani was the real proprietor of the Portland Cement Zambia with 58 percent shares and the Ventriglias were just minority investors with 42 percent shares. This choice of the Court of Appeal is conclusive and official.
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