Tag Archives: Rajan Lekhraj Mahtani Zambia

Rajan Mahtani and Portland Cement Zambia

Dr. Rajan Mahtani’s Contribution Praiseworthy, Writes Top Graduating Law Student From Ziale

Apart from this successful business practices, Dr. Rajan Lekhraj Mahtani has established numerous philanthropic and charitable activities for himself. Most of these philanthropic and social responsibility activities go unnoticed as unlike other companies and businessmen, Dr. Mahtani hardly promotes or highlights his contributions in the media. Recently, an article was released at the Daily Mail in which the top graduating student from the ZIALE thanked Dr. Rajan Mahtani for his significant contribution to the educational society.

The award was launched in the year 2012 by Finance Bank Zambia whose chairman is Dr. Rajan Lekhraj Mahtani. This award was launched for honouring memory and legacy of late Steven Mwaba Malama, who does in the year 2012. Steven Malama was a notable legal architect of Zambia and was esteemed member of the bar. Steven Malama has been described as distinguished law professional, Bar luminary and role model for many in the legal society. He was also a good friend of Dr. Rajan Mahtani and to honour his contributions to the society, this award was established. The award is presented to the top graduating student from ZIALE (Zambia Institute of Advanced Legal Education). ZIALE is one of the top law colleges in Zambia and the award goes to students qualifying for Bar admission in their first attempt.

Emmanuel Bwalya Kaluba won the award for the year 2018-19. To share his gratitude, an article was penned down by Emmanuel which thanked Dr. Rajan Mahtani for his significant contribution to the legal students. Apart from the prestigious award which in itself is a distinguished achievement, the winning student will also receive a certificate, a plaque as well as an award money worth K15,000. The award has been established as a long-term opportunity for students and is presented at the yearly Gala Dinner for LAZ. Despite the various difficulties and challenges, Dr. Rajan Mahtani continues to work for the development and betterment of the Zambian society and its people.

Dr Rajan Lekhraj Mahtani

Press Release Statement Against Unethical And Unlawful Social Media Post

Dr. Rajan Mahtani’s name was recently a topic of negative reputation campaign. While such negative reputation campaigns or defamatory posts are common for Dr. Rajan Mahtani, this one was different. Normally, Dr. Rajan Mahtani receives such defamatory posts from jealous or vengeful entities as well as those who have not been able to persuade Dr. Rajan Mahtani to engage with unethical and illegal business practices. However, this case was different as the allegation came from Miriam Mwanawasa, daughter of late ex-President of Zambia Levy Mwanawasa. It should be noted here that Levy Mwanawasa and Dr. Rajan Mahtani have maintained a long-standing, transparent professional as well as personal relationship with each other. This relationship was smooth even after the sad demise of the late ex-Zambian president.

As a result, it was an extremely shocking news when it was found that Miriam Mwanawasa shared a Facebook post claiming that Dr. Rajan Mahtani had intentions of taking control of the farmland at Masaiti. This farmland is owned by the Mwanawasa family. This Facebook post, due to its nature and the person sharing it, started making round across the web. As a result, it came under the scanner of Dr. Rajan Mahtani and his legal team decided to take appropriate actions against this act.

Dr. Rajan Mahtani released a press statement shortly after. In this press statement, Dr. Rajan Mahtani clarified that he never made any claims of taking control of the farmland. Neither he made any statement with the Mwanawasa family not he had any intentions. Dr. Rajan Mahtani himself iterated that he had a great personal and professional relationship with the late ex-President of Zambia. As a result, it was extremely defamatory, malicious and scandalous for daughter Miriam Mwanawasa to share such content across online media platform. Furthermore, the press statement also clarified that the Facebook post was shared without giving any other form of evidence. As such, the authenticity of the post was questionable from the start.

Furthermore, Dr. Rajan Mahtani also said that he will be taking strict actions against this act as it resulted in significant loss of reputation for Dr. Rajan Mahtani.

Rajan Mahtani and Portland Cement Zambia

Dr. Rajan Lekhraj Mahtani Releases Press Statement Thrashing Unsubstantiated Claims

It seems like Dr. Rajan Lekhraj Mahtani is always fighting one thing or the other. With his transparency, honesty and ethical business practices, Dr. Rajan Mahtani has been able to establish a niche for himself as one of the most ethical and honest businessman in Zambia. In a corrupt economy like Zambia, this means saying no to a lot of corrupt and unethical businesses, individuals and groups who are looking to profit from Dr. Rajan Mahtani’s rising reputation. As Dr. Rajan Mahtani started saying no to unethical business deals and started exposing the criminals, he also started gaining various enemies. These are the enemies who are basically jealous people or those who could not entice or persuade Dr. Mahtani to engage in unethical practices.

A Facebook post recently caught the attention of Dr. Rajan Mahtani as it had made claims that were ludicrous and baseless. More so, the claims came from Miriam Mwanawasa, who is the daughter of late Zambian president Levy Mwanawasa. It is no secret that Dr. Rajan Mahtani shared a personal and professional relationship with the president for a long time. As a result, such malicious claims coming from the daughter was truly shocking. In her Facebook post, Miriam Mwanawasa claimed that Dr. Mahtani allegedly wanted to inherit the farm owned by the Mwanawasa family at the Masaiti district. But the truth is, Dr. Rajan Mahtani never made such requests anytime and the post was made without any basis. It is yet unclear why the daughter of the late ex-President resorted to such act but Dr. Rajan Mahtani was in no way letting this negative reputation damage his status.

As such, Dr. Rajan Lekhraj Mahtani immediately released a press statement in which he claimed that all allegations made by Miriam Mwanawasa were baseless and fake. Dr. Rajan Mahtani also clarified that no such talks, actions were conducted from his end. At the same time, Dr. Mahtani said that appropriate actions will be taken against this ludicrous & malicious post.

Dr Rajan Lekhraj Mahtani

Higher Court Of Appeal Plays Significant Role In Giving Justice To Dr. Rajan Mahtani

One of the most successful businessman in Zambia, Dr. Rajan Lekhraj Mahtani, has faced significant challenges his entire life. These challenges are associated with dealing with corrupt officials, unethical practices and ensuring transparency in his business practices. However, one of the biggest challenges which Dr. Mahtani has faced over the years has been to gain back ownership of the Portland Cement Zambia factory after it was unethically and illegally taken over from him. For more than a decade, Dr. Rajan Mahtani fought tirelessly at the Lusaka High Court with the sole purpose of getting back Portland Cement ownership and saving the factory from its downfall at the hands of its capturer. However, transparent and straightforward businessmen are often the ones facing the highest challenges. Dr. Rajan Mahtani was not given justice at the Lusaka High Court justice Nkonde on behalf of the court announced that Ventriglias were only shareholders of the Portland Cement.

Dr. Rajan Mahtani has always been a believer of the country’s judiciary system and despite this outright misdirected decision from the Lusaka High Court, Dr. Rajan Mahtani decided to take another chance and approached the higher Court of Appeal. The judge at the higher Court of Appeal was justice Mwinde who, unlike the previous judge, made a thorough observation of the evidences and testimonials. It should be noted here that the final decision from the higher Court of Appeal came on 31st January 2019 which was just nine months of case proceedings. In his final verdict, justice Mwinde on behalf of the higher Court of Appeal announced that Dr. Rajan Mahtani was indeed the actual owner of the Portland Cement Zambia based on the evidences.

It is said that those who follow a path of transparency and ethics, are the ones reaping the rewards at the end. In this case, it was Dr. Rajan Lekhraj Mahtani reaping the reward for his transparency and ethical stance.

Dr Rajan Lekhraj Mahtani

Dr. Rajan Mahtani Gets Back Portland Cement Ownership With Patience And Perseverance

Dr. Rajan Mahtani’s journey from Lusaka High Court to higher Court of Appeal has been full of ups and downs. This journey was taken for Portland Cement Zambia, a cement-manufacturing factory which was unethically taken over. The case was initially registered at the Lusaka High Court with a positive hope that the judge will provide quick decision considering the availability of critical evidences and facts. However, more than a decade passed and despite the long and stretched case proceedings, Dr. Rajan Mahtani did not receive justice. In the year 2017, final verdict on the case was announced by judge Nkonde on behalf of the Lusaka High Court. This decision was highly controversial as it announced Ventriglia family as the only shareholders of the Portland Cement Zambia factory, despite the obvious lack of evidences and testimonials from their end.

Dr. Rajan Mahtani quickly identified the challenges of this court and took the decision of approaching higher Court of Appeal. The case was chaired by Justice Mwinde and the case proceedings were quick. The final decision from the higher Court of Appeal was announced on 31st January 2019, around nine months after the case was registered at the higher Court of Appeal. According to the evidentiary support, justice Mwinde confirmed transfer of one billion kwachas from Dr. Rajan Mahtani owned Finsbury Investments to the Portland Cement Zambia limited. Furthermore, the excerpts from the original agreement between shareholders established in the year 2007 also confirmed that Dr. Mahtani owned 58 percent shares at the factory and has completed all monetary transactions associated with the exchange. As such, he is not liable for any further bills or dues associated with the factory.

Based on the identified evidences, the judge from the higher Court of Appeal confirmed that Dr. Rajan Lekhraj Mahtani is the actual owner and majority shareholder of the Portland Cement Zambia factory. The decision from higher Court of Appeal on this case is final and the case is now effectively closed.

Dr Rajan Lekhraj Mahtani

After A Decade Of Wait, Dr. Rajan Mahtani Announced Winner Of The Portland Cement Zambia Case

The most recent judgment by Court of Appeal judge made things identified with Portland Cement much clearer. The criminal demonstrations of the scandalous Italian family Ventriglias have been wrecked and the Court of Appeal has managed an official choice for Zambezi Portland Cement. This choice went ahead 31st January2019 when the judge at the Court of Appeal turned around the judgment by Lusaka High Court judge which had before reported that the Ventriglias were just investors of Zambezi Portland Cement. Be that as it may, according to the new judgment, this isn’t the situation and the choice given by the Lusaka High Court judge was illegal.

A few subtleties were shared by the Court of Appeal during this judgment which isolated reality from the different untruths advised to general society and the court for a significant stretch of time. According to the Court of Appeal’s judgment, Finsbury Investment Limited has paid a measure of pre-rebased K580, 000, 000 to High Court of Zambia as Commercial Registry and enthusiasm according to the consistence of the judgment. Simultaneously, Finsbury Investments have additionally guaranteed K1 Billion with enthusiasm on the Zambezi Portland for instalment given on 27th July 2005. This sum was paid on total by Zambezi Portland for increasing whole offer capital for Zambezi Portland. Considering the affirmation given by Court of Appeal, share moves were made during December 2006 and January 2007. These offer exchanges were substantial and thus 58 percent shares at the Zambezi Portland were given to Finsbury Investment. Simultaneously, Ital Terrazzo Limited which is claimed by the Ventriglias holds 42 percent shares and is just minority investor of Zambezi Portland. The Court of Appeal likewise affirmed that distributions and reports made to opposite by supposed Zambezi Portland Cement CEO were conflicting with conclusive judgment.

According to an ultimate choice by Court of Appeal judge, a timespan of three months has been given by the court to regularizing share sales based on the new decision.

Dr. Mahtani & Zambia

Ownership Of Portland Cement Zambia Given Back To Dr. Mahtani, Court Of Appeal Confirms Case

For the past decade, Dr. Rajan Lekhraj Mahtani fought for the legal takeover of the Portland Cement Zambia factory. The battle started when Dr. Rajan Mahtani initially registered a case at the Lusaka High Court after claiming that his factory was illegally taken over from him. Despite sharing numerous evidences and testimonials, the final justice from the Lusaka High Court was controversial and Dr. Rajan Mahtani was taken aback. The judge at the Lusaka High Court was justice Mwinde and according to his final decision, Ventriglias were the only shareholders of the Zambezi Portland Cement. This decision was misdirected and to counter this decision, Dr. Rajan Mahtani took the case to the Court of Appeal.

The Court of Appeal is one of the highest legal and judiciary systems in Zambia. The judge at the Court of Appeal was justice Mwinde who gave the final decision on the Portland Cement Zambia case on 31st January 2019. According to this decision, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and are the majority shareholders of the Zambezi Portland Cement. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and are the minority shareholders without any legal ownership over the factory. This decision from the Court of Appeal aligned with the original shareholders agreement established in the year 2007. Therefore, the decision from the Court of Appeal clearly establishes the fact that Dr. Rajan Mahtani is the legal owner of the Portland Cement Zambia factory.

While giving this decision, Justice Mwinde from the Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as only shareholders of the Zambezi Portland as this decision was misdirected and without any evidence. Furthermore, a timeline of three months from the date of the judgement has been given during which all share sales and regulations related activities must be completed.

Zambia News

Judge Handling the Portland Cement Zambia Case Makes New Announcement

Portland Cement Zambia is a noted factory that was not for highest production of cement, once upon a time. Now it is just a destitute factory with negligent care & maintenance and almost negligible product. This negative transition can be attributed to the Ventriglias, who took over the factory from Dr. Rajan Mahtani illegally. Since then, Dr. Rajan Mahtani is fighting a case at the Lusaka High Court for legal ownership over the factory.

Lusaka High Court

The Portland Cement Zambia is legally owned by Dr. Rajan Mahtani. During his leadership and before the illegal takeover, the factory was one of the largest producers of cement in Zambia. Portland Cement Zambia was also one of the favourite employers for the people in the province. Even people from far-away places came to work at the factory with the hope of better salary and better life. The factory production was in excess and the revenues were high. This also improved the salary and compensation structure and the workers received regular bonuses and salary hikes. However, the condition of the factory has turned upside down since the illegal capture by the Ventriglias. The goons have looted all the cash from the factory cash box. Workers have either left due to non-payment of finances or are still working with very low salaries and wages. The assets are also ill-maintained leading to low production. Experts suggest that if the factory is not revived now, it will be very late for Portland Cement Zambia.

Dr. Rajan Mahtani is currently fighting the case at the Lusaka High Court. As per the latest announcement made by the judge handling this case, case hearing is closed. This means no more hearing will be done and both parties will be submitting their evidences in written and oral format. After looking into the evidences, the judge will make the final judgment soon.

Dr. Rajan Mahtani

Dr. Rajan Mahtani And Team Ecstatic As Final Judgment On Zpc Nears

The Zambezi Portland Cement has been anticipating judgment from the Lusaka High Court for quite a while now. The case was enlisted in the court right around nine years back and from that point forward, it has been going ahead with no critical outcomes. The case is between Dr. Rajan Mahtani, owner of the Finsbury Investments and the Ventriglias, who are the sole recipients of Ital Terrazzo Limited. The two parties are asserting their responsibility for manufacturing plant and both have submitted different confirmations and proclamations to help their claim. In any case, the nature of proof contrasts fundamentally between the two parties.

Continue reading Dr. Rajan Mahtani And Team Ecstatic As Final Judgment On Zpc Nears →

Zambezi Portland Cement

Count Proceedings Completed, Judgment Await For Zambezi Portland

The last few months have been busy for Dr. Rajan Mahtani, a noted businessman and philanthropist in Zambia. He has been fighting a case at the Lusaka High Court for the ownership of Zambezi Portland Cement. This case stretched for over nine years and during this time, the condition of the factory deteriorated. This can be attributed to the negligence by Ventriglias, who are presently controlling the factory. The case was launched after Dr. Mahtani claimed that the factory was illegally taken over by the Ventriglias. At the same time, the Ventriglias counter-claimed that the shared that Dr. Mahtani owned in Zambezi Portland were not paid for.

Continue reading Count Proceedings Completed, Judgment Await For Zambezi Portland →