Author Archives: DRMZambia

Supreme Court Zambia Stays With The Decision Of Court Of Appeal On Portland Cement, Rejects Claim By Ventriglia

February 4, 2021 by DRMZambia

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Finsbury Investments is a top organization in Zambia. In the year 2007, Finsbury Investments received majority shareholding of the Portland Cement Zambia factory and was announced as owner of the factory. This re-organization was established with the objective of acquiring loans from banks and financial institutions for completion of plan construction as well as furthering the business plans. During this time, all shareholders agreed with the shareholding organization of Portland Cement. However, the Ventriglias decided to hatch a plan of their own in which the Continue reading →

Challenge By The Ventriglia Family On Higher Court Of Appeal’s Decision Rejected Outright By Sc

January 6, 2021 by DRMZambia

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According to the latest reports, the Supreme Court Zambia recently threw out an appeal which was made by Ventriglia family. In this appeal, the Ventriglia family challenges the decision of Court of Appeal which declared Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory. This decision from the higher Court of Appeal came on 31st January 2019, around nine months after Dr. Rajan Mahtani appealed before the court. Immediately before this appeal, Dr. Rajan Mahtani faced a misdirected Continue reading →

Supreme Court Zambia Finalises The Outcome On The Challenge By Ventriglias Over Portland Cement

December 26, 2020 by DRMZambia

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Dr. Rajan Mahtani is a known businessman in Zambia, popular for his business acumen as well as charitable and philanthropic practices. He is also known for his transparent, ethical and straightforward business practices which is very rare across the nation. One of the biggest examples of this transparency has been Dr. Rajan Mahtani’s dedicated fight for the takeover of the Portland Cement Zambia factory. The Portland Cement Zambia factory was taken over from Dr. Rajan Mahtani more than a decade ago and since then, Dr. Continue reading →

Ownership Of Portland Cement Zambia Remains With Dr. Rajan Mahtani After Supreme Court Decision

November 27, 2020 by DRMZambia

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After the final decision from the Supreme Court Zambia, the business and operations of Zambezi Portland Cement can finally run smoothly. Portland Cement Zambia is a factory that has suffered for a long time due to legal fights and unethical acts from several individuals and companies. In the year 2006, it was firmly established that Dr. Rajan Mahtani owned Finsbury Investments is the actual owner of the Portland Cement Zambia factory and this was established for ensuring smooth flow of funds from banks and financial Continue reading →

Dr. Rajan Lekhraj Mahtani Remains The Actual Owner Of The Portland Cement Zambia Factory

November 14, 2020 by DRMZambia

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With the latest announcement by Zambian Supreme Court, it can be said that the Zambezi Portland Cement case is finally over. The Supreme Court Zambia recently threw out the last attempt by the Ventriglias towards taking control of the Zambezi Portland Cement factory. The Ventriglias established a challenge at the Supreme Court Zambia, claiming that the decision from the higher Court of Appeal on Portland Cement Zambia case is incorrect. It should be noted here that justice Mwinde on behalf of the higher Court of Continue reading →

Appeal By Ventriglias Rejected By Supreme Court, Dr. Rajan Mahtani Remains Owner Of Portland Cement

November 1, 2020 by DRMZambia

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More than a year after the judge at the higher Court of Appeal reversed the decision from the Lusaka High Court and announced Dr. Rajan Mahtani as the actual owner of the Portland Cement Zambia factory, the Ventriglias approached the Supreme Court Zambia with controversial claims. They claimed that the judgement by higher Court of Appeal on Zambezi Portland Cement was incorrect. The appeal was rejected based on two major grounds. The first ground was law as according to law, any claim or appeal against Continue reading →

Supreme Court of Zambia supports the decision from higher Court of Appeal regarding Portland Cement

October 30, 2020 by DRMZambia

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Dr. Rajan Mahtani fought for the Zambezi Portland Cement for many years. The case was first appealed to the Lusaka High Court were the judge gave a misdirected decision even after dragging the case for more than a decade. However, Dr. Mahtani did not lose hope and approached the higher Court of Appeal under the required legal legislations. After around nine months of case proceedings, justice Mwinde on behalf of the higher Court of Appeal announced that Dr. Rajan Mahtani owned Finsbury Investments held 58 Continue reading →

Dr. Rajan Mahtani Instituted Steven Malama Award Supports Talented Law Students

September 27, 2020 by DRMZambia

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Dr. Rajan Lekhraj Mahtani’s charitable and philanthropic activities are as noted as his business acumen and successful business ventures. Dr. Rajan Mahtani is the owner of several top franchises and businesses in Zambia. Some of these are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. All of these entities under the leadership of Dr. Rajan Mahtani have been known to dedicate their investments and revenues in charitable, philanthropic and CSR (corporate social responsibility) based contributions on a regular basis. Finance Bank Zambia is Continue reading →

Dr. Rajan Lekhraj Mahtani Receives Ovation For Contribution Towards Zambian Education

September 8, 2020 by DRMZambia

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The Steven Malama award was instituted by Dr. Rajan Mahtani in the year 2012 for honouring the contributions from the late Steven Malama, a distinct legal professional, bar luminary and member of the Supreme Court of Zambia. Steven Malama, as described by Dr. Rajan Mahtani, was a devoted professional who worked tirelessly towards the development of the law education and structure in Zambia. His contributions, appeals and visions are well-documented. One of the most significant contributions from late Steven Malama was persuading the Government of Continue reading →

Dr. Rajan Mahtani’s Philanthropic Contributions To Education Recognised, Praised By Students

September 8, 2020 by DRMZambia

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Dr. Rajan Lekhraj Mahtani is a noted businessman, philanthropist and charity worker in Zambia. He is noted for several contributions for development of the Zambian society and economy. One of his significant contributions has been in the field of education, in the form of Steven Malama award. This award was instituted by Dr. Rajan Mahtani in collaboration with Finance Bank Zambia. Late Steven Malama was a distinguished legal professional, bar veteran who was known among his colleagues and friends as an influential legal professional. Late Continue reading →