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Follow on Google News | Court Of Appeal Settles The Case Of Portland Cement After Looking Into Evidences And FactsDr. Mahtani rightly approached the Court of Appeal. It is interesting to note here that Dr. Rajan Mahtani shared the same evidences, testimonials and other details to the Lusaka High Court only to get such a controversial judgement.
By: Dr. Rajan Mahtani After this, Dr. Mahtani rightly approached the Court of Appeal. It is interesting to note here that Dr. Rajan Mahtani shared the same evidences, testimonials and other details to the Lusaka High Court only to get such a controversial judgement. The judge from the Court of Appeal was justice Mwinde who gave a quick decision in nine months. Before giving the final decision, the judge confirmed that in the year 2005, Dr. Rajan Mahtani officially paid 1 billion kwachas to the Portland Cement Zambia in exchange for 58 percent Portland Cement Zambia shares. These details were further found in the page 663 of the original shareholders agreement established in the year 2007. With these details, justice Mwinde from the Court of Appeal gave the final decision that Dr. Rajan Mahtani is the only owner and majority shareholder of the Portland Cement Zambia. About Dr. Rajan Mahtani Website: http://www.drmahtani.com/ With some of the top companies in Zambia including Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia, Dr. Rajan Lekhraj Mahtani is notably one of the most successful businessmen in Zambia. He is also known for his philanthropic and charitable contributions for the social and economic development of the nation. End
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