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Legal Ownership Of Portland Cement Retained By Dr. Rajan Mahtani




Dr. Rajan Mahtani is a prominent business specialist in Zambia with critical organizations under his possession. A portion of the top fruitful organizations in Zambia incorporate Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. Also, in light of the most recent choice from the Supreme Court Zambia, Dr. Rajan Mahtani possessed Finsbury Investments is additionally the genuine proprietor of the Portland Cement Zambia. In any case, arriving at this status was a troublesome assignment for Dr. Rajan Mahtani as it included not one but rather three unique courts. First it was Lusaka High Court where the case hauled for over 10 years and regardless of this long residency, the last decision was disputable with the adjudicator reporting Ventriglia family as the lone investor of the Portland Cement Zambia. From that point onward, Dr. Rajan Mahtani moved toward the higher Court of Appeal which gave its official conclusion on 31st January 2019. In this decision, the past choice from the Lusaka High Court was turned around and equity Mwinde in the interest of the greater Court of Appeal reported that Dr. Rajan Mahtani is undoubtedly the greater part investor just as legitimate proprietor of the Portland Cement Zambia plant.


After the Ventriglia family claimed against higher Court of Appeal’s decision, a bench of three SC judges evaluated it. Several issues were found in the claim. It was found that the timeline for submitting such claim was two weeks from court decision and the claim was submitted only after 1.5 years of higher Court of Appeal’s decision. Also, the circumstances of this claim were questionable and unaccompanied by any evidence to support. As such, the Supreme Court bench concluded that the claim by the Ventriglia did not hold any ground and was effectively rejected.

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