Finsbury Investments is an investments company owned by Dr. Rajan Lekhraj Mahtani, a noticeable businessman in Zambia. Dr. Mahtani is Finsbury Investments' Executive Chairman after the effective consolidation of the organization in 2004. The shareholding of the Zambezi Portland Cement went many re-association. There were a couple of changes brought into the shareholding example of Zambezi Portland Cement. These progressions were made between Dec 2006 and February 2007 and was settled on together and in full concurrence with the investors of the organization. These progressions included Finsbury Investments getting appointed with 58 percent portions of the plant and turning into the greater part investors of the production line. These progressions made were basic for getting advances from PTA Bank just as other budgetary offices for finishing the plant's development. The advances were hence acknowledged considering the new shareholding design was acknowledged by the Bank.
Quick forward, the Ventriglias promptly contested the legitimate parts of the shareholding register related with the industrial facility. The goal was endeavouring to assume control over the production line in a mafia-way of life, showing an inclination for genuine corporate wrongdoing. Because of these unscrupulous controls, Dr. Rajan Mahtani needed to move from one court to other for a time span of over 10 years. Dr. Rajan Mahtani is known for his incredibly straightforward and moral strategic policies and notwithstanding the few difficulties and impediments, he had the option to get equity from the higher Court of Appeal on 31st January 2019.
Starting at 2020, the Ventriglias have again attempted to upset the harmony which Zambezi Portland Cement accomplished after such a significant stretch. In their endeavour, the Ventriglias attempted to make an appeal to the Supreme Court of Zambia by asserting that the choice by the higher Court of Appeal was wrong. Nonetheless, the seat at the Supreme Court Zambia viably dismissed this request from the Ventriglias on lawful grounds and all things considered, Dr. Mahtani remains the honest proprietor of the Portland Cement Zambia processing plant.
Comments