Category Archives: Portland Cement Zambia

It is the duty of the court of any nation to make critical decisions. These decisions are expected to provide justice to the people, hope for the distressed and punishment for people and entities who think they are above the law. However, when the legal and judiciary systems of a nation are compromised, it becomes very difficult for the people of the nation to depend on the government, giving rise to corruption, unethical practices and chaos. As such, very few businesses and individuals are able to maintain an ethical standing in such scenario. Dr. Rajan Lekhraj Mahtani has remained one of these few.

The recent details shared by the Court of Appeal judge clearly confirmed the same. After more than a decade of wait and even after that not being given the right justice, Dr. Mahtani did not lose hope and did not opt for any unethical practice. Rather, he approached the higher Court of Appeal with an appeal to look into his evidences. And when these evidences were evaluated, everything was transparent. When giving the final statement on the Zambezi Portland Cement case on 31^st January 2019, justice Mwinde from the Court of Appeal stated that Dr. Mahtani owned Finsbury Investments have already paid USD 250,000 or 1 billion kwachas to Zambezi Portland limited for taking ownership of 58 percent shares of the factory. This exchange took place in 2005 and the details can be found on the page 663 of the volume ‘record of appeal’ in the original shareholders agreement. This agreement is a clear proof that Dr. Mahtani is the actual owner and majority shareholder of the factory and despite this, the evidence was somehow not taken into consideration during the previous court proceeding at Lusaka High Court.

Now that Dr. Mahtani is rightfully owning the factory, he has an uphill task to take the factory to its previous glory.

Portland Cement Zambia

Portland Cement Zambia Case Remains Unresolved Even After Final Verdict By The Judge

November 13, 2018 PCZambia

Portland Cement Zambia is a cement-manufacturing factory which has been in the news for quite some time. The cement factory is contested by two parties. The cement-processing plant was built up under the administration of Dr. Rajan Lekhraj Mahtani, who is likewise the lawful proprietor of the plant. Dr. Mahtani is a standout amongst the best businesspeople in Zambia. He is likewise known for his straightforward and legit business morals. Amid his residency of over three decades, Dr. Mahtani has built up various effective organizations. A portion of his most eminent foundations incorporate Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. For as long as ten years, Dr. Rajan Mahtani has been battling for the lawful responsibility for Cement Zambia.

Over the span of ten years, Dr. Rajan Mahtani has shared numerous strong evidences that adequately demonstrate his case and in addition his legal ownership for manufacturing plant. Few of these records included independent audit report, financial exhibits and in addition consented to investor’s arrangement. The judge taking care of this case likewise made a positive declaration when he proclaimed conclusion of the case hearing and last declaration of the decision in the wake of breaking down the reports and evidences displayed by the gatherings related with the case. While this was certain news for Dr. Rajan Mahtani as lion’s share of the confirmations presented by his legal counsellors were sufficiently adequate to demonstrate his legitimate responsibility for production line; the last decision declared by the judge was an unforeseen and shocking occasion.

The judge gave the last decision against Dr. Rajan Mahtani, which was totally against the evidences shared under the watchful eye of the judge. It was an unmistakable instance of misled judgment and skewed feeling of the judge. Be that as it may, Dr. Rajan Mahtani quickly made the correct strides after this misled decision and propelled an inquiry appeal in to the higher court of Zambia.

Portland Cement Zambia

Portland Cement Zambia Case Results Announced At Lusaka High Court, Shocking Revelations

September 11, 2018 PCZambia

The case of Portland Cement Zambia has become a prime case study for people who want understand the challenges and limitations of law and order and their impact on industry and corporate houses as well as general citizens. The cement manufacturing factory has been fought for by two big business parties of Zambia, one of them being Dr. Rajan Lekhraj Mahtani. Dr. Rajan Mahtani is a noted businessman in Zambia with more than 30 years of experience. He has claimed ownership over the factory and even after submitting numerous evidences and testimonials over the course of 10 years of the case, he has not received judgement from any of the numerous judges who have evaluated the case during this time. However, the most unfortunate situation has been for Portland Cement Zambia, the factory for which the fight is going on.

Among all this difficult situations, the major loss is occurring to the factory, which does not have any leadership to take case. Without Dr. Rajan Mahtani’s leadership, the factory production has gone downhill with majority of the workers leaving the factory due to non-payment of wages, factory cashbox being emptied, non-maintenance of the assets, machineries and equipments have resulted in decreased production. Some of the experts have also come to a conclusion that if the factory is not revived now with appropriate leadership, the chances of revival becomes nil for the factory.

So, everyone was shocked when the judge announced its final verdict on the factory. The final verdict was given against Dr. Rajan Mahtani’s claims. This has been clearly considered as one of the sad days for the Zambian law and governance. Even with clear evidentiary support, the final verdict was given to a party that has no strong evidences. As of now, Dr. Rajan Mahtani has made an appeal to the higher court against this judgment.

Portland Cement Zambia

Dr. Rajan Mahtani Makes Another Attempt To Save Portland Cement Zambia

September 8, 2018 PCZambia

Portland Cement Zambia is a cement manufacturing factory which was established with the objective of producing cement for domestic production. There are only a few industrial plants within the nation and cement is an essential element for any construction project. Therefore, the cement factory played an essential part within the construction industry of Zambia, providing cement for development of residential buildings, infrastructure and related essential projects which helped in improving the socio-economic status of the country. During the leadership of Dr. Rajan Mahtani, the cement manufacturing factory produced in excess, making it one of the highest producers of cement within Zambia. Furthermore, the factory was also providing above-industry wages to its employees and workers, improving their lives as well as the lifestyle of the communities within the province as well.

However, the current condition of the factory is in despair as without any leadership, the factory production has gone downhill and system is almost ruined. Majority of the workers have either left the factory or are working without wages or salaries for many months now. Furthermore, the factory assets have started to corrode and the factory cash box has been emptied by scrupulous individuals and groups. The factory is in dire state and experts fear if this state is not changed soon, the revival of the factory will be next to impossible. As a result, majority of those associated with the case were eagerly waiting for the final decision.

Even the judge handling the case made a positive announcement when the case hearing was closed and parties were asked to submit their evidences based on which final judgment was to be given. However, the final judgment was a shocking one as Dr. Rajan Mahtani lost the case. Notwithstanding this injustice, Dr. Rajan Mahtani has now made an appeal to the higher court of Zambia wherein he has requested intervention from higher authorities regarding this case.

Portland Cement Zambia

The Fate Of Portland Cement Zambia Hangs In Balance With The Latest Lusaka HC Announcement

August 16, 2018 PCZambia

The case of Portland Cement Zambia is a classic case of legal obligations and ownership issue taking a toll in the development and growth of the factory. The case was registered by Dr. Rajan Mahtani, a noted industrialist, businessman and philanthropist. Dr. Rajan Mahtani is credited for bringing foreign investments in Zambia. He is also noted for his regular charitable and philanthropic contributions towards the Zambian society. In spite of these achievements, Dr. Mahtani continuously faces conspiracies and difficulties when trying to conduct honest businesses.

The current condition of the factory can be considered as dismal, majorly due the case and lack of leadership around the factory. This has resulted in dismal production, irregular salary and wages structure and lack of motivation from the employees and workers. It is safe to say that, if the condition of the factory remains same, it might soon become impossible for anyone to bring the factory back to its glory days. The only path that remains viable is giving the factory to its rightful owner and ensuring that the factory starts its production process and other activities as before.

After one of the longest running trials stretching for over a decade, few critical announcements were made in the past few months. The first major announcement was the closure of the case hearing, which meant that the case verdict will be announced based the evidences and testimonials submitted by the parties. However, the second major announcement was more shocking, which was also the final verdict for the case. The final verdict was announced against the claims made by Dr. Rajan Mahtani. It was a clear indication that the evidences submitted were ignored in all accounts and judgment was misdirected. Now withstanding this skewed judgment, Dr. Mahtani quickly took action and made an appeal to the ‘higher court of appeal’ against this judgment. Reply is awaited as of now.

Portland Cement Zambia

The Final Verdict On Portland Cement Zambia Announced Recently, Shocks Everyone

August 10, 2018 PCZambia

The final verdict on the long-pending Portland Cement Zambia case was announced recently by the Lusaka High Court judge. This verdict certainly raised many eyebrows. The case of Portland Cement Zambia is decades old and is easily considered as among the longest pending high-profile corporate cases in Zambia. A noted businessmen associated with the case is Dr. Rajan Mahtani. He is the owner of Finsbury Investments, Mahtani Group of Companies and many more successful businesses across Zambia. Not only that, he has also successfully established numerous businesses outside Zambia, especially across developed nations such as United Kingdom. He is also among the few businessmen with international contacts who have helped bring foreign investments in Zambia. Despite these achievements as well as contributions towards the economic and social growth of the nation; Dr. Rajan Mahtani is constantly harassed by conspiracies as well as lack of proper scrutiny among the law and government.

The case of Portland Cement Zambia was first launched by Dr. Rajan Mahtani when the factory was illegally taken over from him. The trial has been going on for more than 10 years and during this time, Dr. Mahtani and his lawyers has submitted numerous evidences and documents proving his real ownership over the factory. Some of the most critical documents shared included a signed shareholder’s agreement, financial exhibits which clearly iterate investments worth millions by Dr. Mahtani in the development of the factory as well as independent audit report conducted by independent auditor which indicates that the factory was established as a joint venture and Dr. Mahtani is the sole joint venture partner of the factory.

Even after submitting these evidences, the final verdict was announced against the claims made by Dr. Mahtani. It is clear that the judge ignored all the evidences and made a misdirected judgment. However, Dr. Rajan Mahtani has immediately taken the right steps and has now made an appeal to the higher court of Zambia against the judgment made at the Lusaka High Court.

Dr. Rajan Mahtani, Portland Cement Zambia