Higher Court Of Appeal Judgment Given, Dr. Rajan Mahtani Announced Majority Shareholder Of Portland Cement Zambia

February 7, 2019

he judge from the Court of Appeal made an extraordinary announcement on 31^st January 2019. As per this announcement, Dr. Rajan Mahtani is the actual owner and majority shareholder for the Portland Cement Zambia limited. This is the same factory which was being contested by twp biggest business houses in Zambia for the past ten years. After the factory was illegally taken over from Dr. Mahtani, a case was launched at the Lusaka High Court and since then, numerous court proceedings and hearings took place for a time period of ten years. Last year in May, the judge overseeing the case at the Lusaka High Court gave a final decision that the Portland Cement Zambia belonged to the Ventriglias. This decision shocked majority of the people as Dr. Rajan Mahtani had all the documents and evidences to prove his legal claim over the factory.

Finally, the truth was revealed on 31^st January 2019 when the judge from the Court of Appeal announced that Dr. Rajan Mahtani is the majority shareholder and therefore, the legal and only owner of the Portland Cement Zambia factory. The judge, Justice Mwinde Siavwapa, also announced that the Lusaka HC judge was wrong in giving a misleading judgement when he announced that the Ventriglias were only shareholders of Portland Cement. When in reality, this decision was entirely false.

As per the latest announcement, Finsbury Investments Limited owned by Dr. Rajan Mahtani is the majority shareholder with 58 percent shares. At the same time, the Ventriglias are the minority shareholder for the factory with 42 percent shares. This shareholding pattern aligns with the original shareholders agreement which was established in the year 2007 and was signed by all parties. The Court of Appeal, after giving the judgement, also announced that the timeline for completing all regularization process for all share sales is three months from judgement date.

Dr. Rajan Mahtani To Appeal To Higher Court Of Zambia After Judgment By Lusaka HC

January 9, 2019

Dr. Rajan Mahtani is among the most ethical, transparent and honest businessman in the Zambian nation. Yet, he continues to battle because of a bunch of conspirators and unethical businessmen and politicians who are always looking for personal profits at the expense of the common citizens of Zambia. Over the course of his successful business career, Dr. Mahtani built several successful businesses such as Mahtani Group of Companies, Finance Bank Zambia and Finsbury Investments.

Before this illegal takeover, the Portland Cement factory was among the largest manufacturers of cement in Zambia. The factory quickly became popular for its high-quality cement and affordable prices. It was also one of the major employers in that province and with it’s higher than industry-average wages and salaries, the factory attracted employees from far-off places. However, all these things changed when the factory was illegally taken over. Since then, the factory has been left unattended without any proper management to look after. Majority of the workers and employees have left the factory due to non-payment of wages. Those who are still working are continuously complaining of working without wages or salary but no one is hearing their please. The factory is in bad condition as the factory assets and corroding and factory equipment are in shabby and degrading conditions. The factory cash box is completely empty and it seems that the individuals who took the factory illegally have no intention of maintaining the factory. Experts have also suggested that if the factory is not revived now, it might be difficult to revive it later.

The final judgment from Lusaka High Court was extremely disappointing as it was against Dr. Rajan Mahtani’s claims, despite the several evidences and testimonials. As such, Dr. Rajan Mahtani has now approached the ‘Higher Court of Appeal’ where he is expecting response from the decision makers.

Dr. Rajan Mahtani Praised For His Charitable Contributions And Making African Summit A Success

December 27, 2018

The African Summit of 2017 has really established a roadway for upcoming economic summits and financial events. These summits, seminars and events are a great opportunity for companies, organisations and businessmen to join hands together for a national cause such as economic uplifting, social benefits and technological advances for the nation. These summits provide a way for instilling a greater purpose and objective among the public as well as private sector companies and look beyond their own profits and revenue.

The African Summit held in the year 2017 was a great success and was also lauded for its significant participation from several notable industrialists and businessmen. During the event, several activities took place including seminars, discussions, round-table events, public conferences and many more. After the event was successfully completed, the Chief Secretary of the event shared a press release few days after the event completed. In his press release, he specifically thanked Dr. Rajan Mahtani for his charitable contributions that helped in making the event a successful one. He had significant financial contribution which led to the successful completion of the event. Dr. Rajan Mahtani is a noted businessman in Zambia with many significant companies such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is also among the most noteworthy attendees of the event. His charitable and philanthropic activities are noted across the nation. He is also known for his down-to-earth nature and rarely publishes his charitable or philanthropic activities for the citizens and the natural and social environment of the nation. As such, majority of the individuals attending the event were unaware of his charitable contribution. Dr. Mahtani was also lauded for his participation during the event and helped many young and promising businessmen.

Dr. Mahtani is often targeted by unethical individuals and organisations, yet he is always ready to help those in need and improve the economic condition of this nation.

Chief Secretary of African Forum Summit praises Dr. Mahtani and his financial contribution

December 1, 2018

The 2017 African Forum Summit was a successful event and one of the most popular economic summits ever held. The platform was significant where identities and noted figures from the country over and furthermore outside consolidate and talk about on the consuming inquiries identified with the monetary, social and political inquiries identified with the country. The current year’s African Forum Summit was additionally a fruitful occasion with interest of various identities from different fields. The gathering saw these specialists consolidate in discourses, discussions and gatherings to discuss the different potential answers for the significant issues the country over. The gathering additionally held different occasions, for example, courses, center gathering studies, displays and even workshops which saw investment of various youthful business visionaries.

A portion of the best specialists from Zambia took an interest in the occasion. One of them was Dr. Rajan Mahtani. He is a prominent businessman and philanthropist in Zambia. Dr. Mahtani is noted for his successful organizations and his firm remains on straightforwardness and trustworthiness. A portion of his effective endeavors incorporate Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. He has likewise effectively settled various organizations outside Zambia, most remarkably in United Kingdom. This has likewise helped acquiring outside ventures Zambia. His magnanimous and humanitarian exercises are for the most part peaceful. In this way, it was simply after the success of the occasion, individuals came to know about his enormous commitment to make the African Summit an effective occasion. After the occasion, the PFI (Prison Fellowship International’s) Press Secretary released an official statement. In this official statement, Dr. Rajan Lekhraj Mahtani was lauded and expressed gratitude toward for his noteworthy commitments that helped in the accomplishment of the occasion.

Unlike typical businesses taking credit for anything they do for the community and society, Dr. Rajan Mahtani never uses his philanthropy for his personal benefit. He has always considered his contributions to the society as a necessity and continues to work towards the same.

After The Success Of The African Summit 2017, Chief Press Secretary Praises Dr. Rajan Mahtani

November 22, 2018

Dr. Rajan Lekhraj Mahtani is a prominent industrialist in Zambia with various effective organizations under his name. A portion of the best organizations in Zambia including Mahtani Group of Companies and Finsbury Investments have been begun and kept running under his authority. He is a standout amongst the best and in addition praised over Zambia with various business foundations outside Zambia.

Dr. Rajan Mahtani is additionally noted for his magnanimous practices. He is continually observed including in philanthropy works for NGOs and different associations. Be that as it may, he infrequently announces his philanthropy works or charitable exercises. This is the reason the vast majority of the members and media was uninformed of his immense money related commitments to the African Summit 2017. It is a financial summit which is being held each year in Zambia. The Summit gives a stage to known identities and specialists from various fields to consolidate and talk about the consuming issues related with the country. The African Summit is one of the greatest summits held in Zambia and is likewise a critical stage for systems administration and business. The Chief Press Secretary of the Summit shared a Press Release soon after the effective culmination of the summit. In his letter, the Chief Secretary commended Dr. Rajan Mahtani for his huge financial contribution and related commitments that brought about the achievement of the summit. In contrast to other agents and organizations, Dr. Rajan Mahtani did not want to advance his beneficent demonstration and all things considered, it was amazement for most. Aside from that, the Press Secretary additionally lauded Dr. Rajan Mahtani for his grounded nature and noteworthy support in the occasion; incorporating helping youthful business visionaries with his business information and also taking an interest energetically in various discussions, classes and different exercises.

Despite the current unethical defamations and continuous attacks from scrupulous agents, Dr. Rajan Mahtani continued to work for the betterment of the Zambian society.

Final Judgment on Portland Cement Factory Announced by Lusaka High Court

October 18, 2018

The cement manufacturing factory Portland Cement is among the most talked about cement factory in town now. The factory, which was being contested by two significant business parties in Zambia for over ten years, just received its final verdict. Dr. Rajan Mahtani initially registered the case at the Lusaka High Court after he claimed that the factory was illegally taken over from him. From there, it has been over ten years and after much struggle and battle, the judge announced the final judgment. However, controversies have again started to arise as a result of the unpredictable verdict by the court.

The case is over ten years of age. At some point back, the current judge living the case reported conclusion of case hearing and the two gatherings were requested to share their confirmations in composed and oral configuration. Subsequent to assessing these confirmations, the judgment should be given. According to specialists’ recommendation and the confirmations, Dr. Mahtani was an unmistakable victor. Be that as it may, things took a pivot when the judge gave the judgment against Dr. Mahtani. This was an immense blow for Dr. Mahtani as the majority of the confirmations were solid and upheld his case. In the meantime, the other party was not able give any confirmations to help their contention. For example, Dr. Rajan Mahtani’s attorneys delivered solid confirmations, for example, signed shareholder’s agreement, testimonials from people critical for the situation, various money related displays and also independent review report directed by an autonomous examiner. Every one of these confirmations was supportive of Dr. Mahtani.

After the announcement of the final verdict, Dr. Mahtani took another step to ensure that all is not lost. An appeal was made at the ‘Higher Court of Appeal’ against the judgment made at the Lusaka High Court, submitting all evidences and documents and requesting revoking the HC judgment.

Success of African Forum Summit Attributed to Noted Businessman Dr. Mahtani

October 9, 2018

The 2017 African Forum Summit 2017 was an extremely successful economic event which paved the way for further economic events within Zambia. An economic summit is an event which provides a platform for various industries, corporate houses, political parties as well as noted individuals to join together and resolve some of the most significant issues associated with a nation. At the same time, economic summits are great platform for companies and individuals to establish business relationships, help and support each other as well and establish long-term business contracts for growth and development. It can be said that the 2017 Economic Summit was a great event paving the way for upcoming events and summits and increasing their popularity. The summit was a successful event as many of the top names with Zambian corporate attended the event. The event was also attended by Dr. Rajan Lekhraj Mahtani, a noted businessman, philanthropist and charity worker in Zambia. Dr. Mahtani has made a name for himself with his transparent business practices and ethical principles at work and outside.

After the summit was ended on a successful note, the Chief Press Secretary of the event shared a press release in the media. In this press release, Dr. Rajan Mahtani was thanked for his charitable contributions. As per the press release, significant financial contribution from Dr. Rajan Mahtani helped in successful completion of the event. Dr. Rajan Mahtani was also praised for his enthusiastic support during the event. He not only participated in the event, but also ensured his involvement across several discussion forums, debates, meetings and round table conferences. The Chief Press Secretary also praised Dr. Mahtani for his humble and down-to-earth nature and appreciated his support for young entrepreneurs and businessmen. He was seen sharing his wisdom and business acumen with the young participants and attendees during the event.

Dr. Mahtani continues to work for the betterment of the nation despite entities and individuals trying to ruin his reputation.

Defamation Against Dr. Rajan Mahtani

September 10, 2018

High Court of Zambia Announces Unpredictable Judgment, Forces Businessman To Move Higher Court

August 19, 2018

The Government has a significant role towards ensuring law and order within a nation. Similarly, the law making bodies established by the government include courts, regulatory bodies and the rehabilitation centres. If the law making bodies and policies are not functioning properly, then it becomes extremely difficult for the country to function properly. Zambia is a developing country and has its shares of ups and down within the political and legal system. While the country is trying to improve its political and economic stand with better connections with the rest of the world as well as with more economic flourish, it is the legal system within the nation which is taking the country down. This can be easily seen from the case of Portland cement Zambia, one of the longest running high-profile corporate cases within Zambia.

The case of Portland Cement Zambia was launched by Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist with more than 30 years of business and entrepreneurial experience in Zambia as well as across several developed nations like United Kingdom. While the case was established almost a decade back, there were various challenges associated with the case. While sometimes it’s the transfer of judges which results in further pending of the case or other times its non-availability of the parties which halts the case. As a result of these limitations, the case has stretched for almost a decade.

Dr. Mahtani and his team received some relief few months back when it was announced that the case hearing was closed and the final judgment will be announced after evaluating the submitted documents and testimonials. However, this positive announcement soon turned into a haunting nightmare when the final judgment was given and it was against Dr. Mahtani’s claims. It was clear that the judge completely ignored the evidences shared by Dr. Mahtani. As a result, Dr. Mahtani was left with no choice and has now made an appeal to the higher court of Zambia against this misdirected judgement.

African Summit 2017 Considered Grand Success, Dr. Rajan Mahtani Significant Financial Contributor

August 16, 2018

Developed nations are always conducting events and conferences for improving the decision making power of their industries and businesses as well as build innovation and bring creativity across their industrial and corporate environment. Developing and emerging nations have also started to follow suit and we can see numerous developing and emerging nations holding economic conferences and national summits on their own. These national summits provide significant platform for organisations, companies and industries to join together not only for improving their business portfolio and establish cross-industry contacts, but also for solving the critical questions and challenges gripping the nation.

The African Summit is a similar event which is held in Zambia annually. It is also among the biggest economic summits in Zambia wherein industrialists and corporations participate for sharing ideas, discussing about critical issues and challenges gripping the nation as well as build business and social contacts. The 2017 African Summit was a huge success, with participation from numerous industrialists including Dr. Rajan Mahtani. After its completion, the press secretary of the event released a press release, thanking Dr. Mahtani of his significant financial contribution that resulted in the success of the event. His contribution was free of any expectations and profit motive and he was also praised for his participation and grounded nature during the entire event. He also helped numerous young businessmen and entrepreneurs during the summit by sharing his wisdom and business expertise with them.

Dr. Rajan Mahtani has always been a true patriot and the actions and activities of his companies and himself are a proof that he is always thinking of the Zambian people and community before his personal profits or gain. Unlike other businessmen and charity workers who are mostly seasonal; Dr. Mahtani is a regular contributor to the society and will continue his contribution irrespective of his image and reputation.