.As opposed to depending on grapevine and falling prey to negative bits of gossip, it is wide to accept just on reality. At the point when the instance of Portland Cement Zambia was out, the media was separated between the two business big shots asserting the industrial facility. One of them were the scandalous Ventriglia family, who some call as the Italian Mafia. The opposite side included Dr. Rajan Lekhraj Mahtani, a prominent specialist, altruist and noble cause labourer who has increased noteworthy regard and acknowledgment with his straightforward strategic approaches. Dr. Rajan Mahtani enrolled the instance of Portland Cement at the Lusaka High Court asserting that his manufacturing plant was deceptively taken over from him. To demonstrate his case, several evidences, tributes and different subtleties were shared under the watchful eye of the court. After over a time of various court procedures, equity Nkonde for the benefit of the Lusaka High Court reported the Ventriglias as the main investors of the Zambezi Portland Cement.
Considering this decision was misdirected and against all evidences and testimonials, Dr. Rajan Mahtani took the right decision of approaching the Court of Appeal. The decision from the Court of Appeal was given by justice Mwinde on 31st January 2019. According to this decision, Dr. Rajan Mahtani made a payment of one billion kwachas to the Zambezi Portland Cement which covered the entire share capital value of the Portland Cement factory. This statement was also found in the original shareholders agreement established in the year 2007. Based on all these evidences, Dr. Rajan Lekhraj Mahtani has been identified as the actual owner of the Portland Cement Zambia.
Considering this decision was misdirected and against all evidences and testimonials, Dr. Rajan Mahtani took the right decision of approaching the Court of Appeal. The decision from the Court of Appeal was given by justice Mwinde on 31st January 2019. According to this decision, Dr. Rajan Mahtani made a payment of one billion kwachas to the Zambezi Portland Cement which covered the entire share capital value of the Portland Cement factory. This statement was also found in the original shareholders agreement established in the year 2007. Based on all these evidences, Dr. Rajan Lekhraj Mahtani has been identified as the actual owner of the Portland Cement Zambia.