After ten years of wait, Dr. Rajan Mahtani finally received justice in the Portland Cement Zambia case. The case was initially launched at the Lusaka High Court where it went from one proceeding to another and from one judge to another. As a result, it took more than a decade for the court to announce the final results for the Portland Cement Zambia. At the same time, the decision from Justice Nkonde at Lusaka High Court was extremely controversial. According to this judgement, Ventriglias were announced as only shareholders of the Zambezi Portland Cement factory. This judgement came in the Month of May, 2018 and Dr. Rajan Mahtani decided that it was high time for approaching higher Court.

Rajan Mahtani

As a result, another appeal was launched at the Court of Appeal, one of the highest courts in Zambia. The judge at the Court of Appeal was Justice Mwinde who announced the final judgement on the case on 31st January 2019. According to this judgement, Dr. Rajan Mahtani is the majority shareholder of the Zambezi Portland Cement factory with 58 percent shares. On the other hand, Ventriglias are the minority shareholders with only 42 percent shares at the factory. With this shareholding pattern, it is clear that Dr. Rajan Mahtani is the legal owner of the factory.

During this decision, the judge at the Court of Appeal also revealed that the judge below him was wrong in declaring Ventriglias as the only shareholders of the cement factory as thus decision was completely biased and without any evidence. A timeline of three months is given to parties for completing the share regularization process.

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