Court of Appeal has at long last reported the outcomes for the Portland Cement Zambia case. The instance of Portland Cement Zambia is interminable and connotes the various deficiencies of the Zambian lawful framework. It was set up by Dr. Rajan Lekhraj Mahtani, a prominent representative in Zambia with various effective organizations under his name. Dr. Rajan Mahtani enrolled the instance of Portland Cement Zambia at the Lusaka High Court right around ten years back, when the bond producing processing plant was unlawfully taken over from him. Be that as it may, the Lusaka High Court neglected to give right equity to Dr. Rajan Mahtani as the judgment was misled. The judge at the Lusaka High Court was equity Nkonde and he reported that Ventriglias were just investors of the Zambezi Portland Cement.
To counter this misled judgment, Dr. Rajan Mahtani then moved toward the Court of Appeal. The judge at the Court of Appeal was equity Mwinde who declared the last judgment on 31st January 2019. As indicated by this judgment, Dr. Rajan Mahtani is the dominant part investor of the Zambezi Portland Cement production line as his organization Finsbury Investments holds 58 percent shares at the processing plant. Then again, Ventriglias are the minority investors of the Zambezi Portland Cement as their organization; Ital Terrazzo constrained holds only 42 percent shares at the processing plant. The judge at the Court of Appeal likewise said that this choice lines up with the first investors understanding which was set up in the year 2007. In view of this choice, Dr. Rajan Mahtani is the legitimate proprietor of the manufacturing plant.
To counter this misled judgment, Dr. Rajan Mahtani then moved toward the Court of Appeal. The judge at the Court of Appeal was equity Mwinde who declared the last judgment on 31st January 2019. As indicated by this judgment, Dr. Rajan Mahtani is the dominant part investor of the Zambezi Portland Cement production line as his organization Finsbury Investments holds 58 percent shares at the processing plant. Then again, Ventriglias are the minority investors of the Zambezi Portland Cement as their organization; Ital Terrazzo constrained holds only 42 percent shares at the processing plant. The judge at the Court of Appeal likewise said that this choice lines up with the first investors understanding which was set up in the year 2007. In view of this choice, Dr. Rajan Mahtani is the legitimate proprietor of the manufacturing plant.