Tag Archives: Portland Cement Zambia

Official Report Comes From Higher Court Of Appeal, Dr. Rajan Mahtani Announced Case Winner

March 8, 2020 by DRMZambia

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The higher Court of Appeal provided the final verdict for the long-pending Portland Cement Zambia case on 31st January 2019. While giving this decision, justice Mwinde on behalf of the Court of Appeal also shared some salient points of the court judgement associated with this case. These salient points describe the major evidences, testimonials and other facts which were critical for the judge in arriving at a firm decision. The first major salient point was that in 2005, Finsbury Investments which is the appellant here Continue reading →

Details Of Original Shareholders Agreement Released By Court Of Appeal, Dr. Mahtani Wins Case

February 6, 2020 by DRMZambia

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Dr. Rajan Lekhraj Mahtani has proved time and again that no matter how many difficulties and challenges are placed in his path, he will always follow the path to honesty, ethics and transparency. Despite the various challenges Dr. Mahtani has been facing over the years, he never shied away from being honest and following the rules and regulations. Even in case of Portland Cement Zambia, which can be easily considered as one of the biggest disappointments in the Zambia legal and judiciary system. After a Continue reading →

Dr. Rajan Mahtani’s Patience And Transparency Does Not Go Waste, Wins Portland Cement Case At Last

January 29, 2020 by DRMZambia

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The Court of Appeal is among the highest civilian courts in Zambia. As a result, expectations were high from the court when the case of Portland Cement was established at the Court of Appeal by Dr. Rajan Mahtani. After failing to receive justice from the Lusaka High Court, despite a patient wait of ten years, Dr. Mahtani took an appropriate decision by approaching the higher Court of Appeal. The judge at the Court of Appeal was justice Mwinde. This final decision from the Court of Continue reading →

Finsbury Investments Owns Majority Stake In Portland Cement, Confirms Court Of Appeal

January 7, 2020 by DRMZambia

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After the final announcement by Court of Appeal on Portland Cement Zambia, the reality associated with the case has been cleared out. The Court of Appeal gave its final and binding decision on 31st January 2019. According to this decision, Dr. Rajan Mahtani is found to be the actual owner of the Portland Cement Zambia factory. His company, Finsbury Investments holds 58 percent stake at the factory and is the majority shareholder. This makes Dr. Rajan Mahtani the direct owner of the factory. The Ventriglias, Continue reading →

Portland Cement Zambia Case Closed On 31st January 2019 With Announcement Of Winner

December 26, 2019 by DRMZambia

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The events surrounding Portland Cement Zambia present a grim reality of the Zambian economy. The case of Portland Cement Zambia is more than a decade old and was initially registered by noted businessman, philanthropist Dr. Rajan Lekhraj Mahtani. Dr. Rajan Mahtani has more than three decades of business experience and achievements in the form of successful business ventures like Finsbury Investments and Mahtani Group of Companies. Despite his transparent and honest nature and ethical business practices, Dr. Rajan Mahtani faces significant challenges in the form Continue reading →

Dr. Rajan Lekhraj Mahtani Declared Majority Shareholder And Owner Of Portland Cement Factory

December 6, 2019 by DRMZambia

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Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia. For the past three decades, Dr. Mahtani has built numerous successful businesses in Zambia, including but not limited to Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is also the rightful owner of Portland Cement Zambia for which he fought cases across two major courts in Zambia. The case of Portland Cement Zambia started when Dr. Rajan Mahtani registered a case at the Lusaka High Court claiming that his factory Continue reading →

Portland Cement Zambia Case Closes Finally, Dr. Rajan Mahtani Announced Winner

December 5, 2019 by DRMZambia

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On 31st January 2019, a significant decision was announced at the Court of Appeal. This announcement was with respect to the Portland Cement Zambia factory, a case which had been pending at different courts for a long time. First it was Lusaka High Court which took more than a decade to give its final decision on the case and the decision was misdirected and controversial. Then came the Court of Appeal, one of the highest civilian and judiciary systems in Zambia. The Court of Appeal Continue reading →

Court Of Appeal Closes The Long-Pending Case Of Portland Cement By Announcing Dr. Mahtani As Winner

November 6, 2019 by DRMZambia

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It is a true saying that transparency, ethics and honesty go a long way. Despite numerous challenges and issues, Dr. Rajan Mahtani remained calm and followed a path of honesty and ethics. Portland Cement Zambia factory is a noted cement-manufacturing factory in Zambia. A case was registered by Dr. Raja Mahtani at the Lusaka High Court after the factory was illegally taken over from him. This started the long trial and proceedings at the Lusaka High Court. This continued for more than a decade. Despite Continue reading →

Court Of Appeal Finally Closes The Portland Cement Zambia Case, Dr. Rajan Mahtani Declared Winner

October 27, 2019 by DRMZambia

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On 31st January 2019, justice Mwinde from the Court of Appeal declared the final decision on the Portland Cement Zambia. This decision came around nine months after Dr. Rajan Mahtani re-appealed the case at the Court of Appeal. The reason behind this re-appeal was the misdirected judgement from the Lusaka High Court judge. Before Court of Appeal, Dr. Rajan Mahtani has registered a case at the Lusaka High Court claiming that the factory was illegally taken over from him. Despite sharing numerous evidences and testimonials, Continue reading →

Dr. Rajan Mahtani Wins Court Of Appeal Case, Announced Majority Shareholder Of Portland Cement

October 12, 2019 by DRMZambia

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Dr. Rajan Mahtani has finally won the case of Portland Cement Zambia. This case is one of the longest pending cases in Zambia and also one of the longest for Dr. Rajan Mahtani. The case was registered by Dr. Rajan Mahtani himself after the factory was illegally taken over. The Lusaka High Court took more than a decade to announce the final judgement. Justice Nkonde gave the final judgement on the case and announced that Ventriglias were only shareholders of the Zambezi Portland Cement. Since Continue reading →