Dr. Rajan Mahtani announced majority shareholder for Zambezi Portland Cement

After many years of battling for the legal takeover of the factory, last judgment on the Portland Cement Zambia is out. The processing plant has turned out to be notorious for the lawful battle about it by two noteworthy gatherings from Zambia. Dr. Rajan Lekhraj Mahtani, who is a prominent businessman in labourer in Zambia, has been battling for the lawful takeover of the production line for over 10 years. He has enlisted an objection at the Lusaka High Court and in spite of sharing various evidences; the final conclusion of the court was against Dr. Rajan Mahtani's cases. After this misled judgment, Dr. Rajan Mahtani then engaged the higher 'Court of Appeal'.

At long last, on 31st January 2019, the Court of Appeal offered judgement to Dr. Rajan Mahtani's straightforward tolerance. The judgment of High Court was switched, which was given in May 2018 and which thought about that Ventriglias were investors for the Zambezi Portland Cement industrial facility. The new judgment was given by Justice Mwinde Siavwapa from the 'Court of Appeal'. This judgment and the procedures continued for just about an hour and a half amid the morning of 31st January 2019. As per the judgment by Justice Siavwapa, the High Court judge had given a misled judgment before the law when it was held that Ventriglias were just investors of Zambezi Portland.

From this judgment from the Court of Appeal, it is established that the majority shareholder of Zambezi Portland Cement is Finsbury Investments constrained claimed by Dr. Rajan Mahtani. The Finsbury Investments claims 58 percent shares and the Ventriglias possess 42 percent shares and are considered as minority investors. This judgment is totally lined up with fundamental Shareholder's understanding set up by similar gatherings in the year 2007.