Ownership Of Portland Cement Remains Unchanged Despite Claim From The Ventriglia Family

In this decision, the previous Lusaka High Court judgement was reversed and Dr. Mahtani was made the majority shareholder and legal owner of the Portland Cement Zambia factory.
By: Dr. Rajan Mahtani
 
LUSUKA, Zambia - May 4, 2021 - PRLog -- Dr. Rajan Lekhraj Mahtani is one of the most notable and respected businessmen in Zambia. For more than three decades, Dr. Rajan Mahtani has been working tirelessly to build an empire of transparent and profitable businesses. Some of his top companies in Zambia are Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. For the past one decade, Dr. Rajan Mahtani fought a difficult legal war with the infamous Ventriglia family. The legal battle started when the Portland Cement Zambia factory was taken over in an unethical manner. A case was registered at the Lusaka High Court and after being stretched for more than a decade, a misdirected decision was made in which the Ventriglia family were announced as only shareholders of the Portland Cement Zambia.

Dr. Rajan Mahtani then approached the higher Court of Appeal which announced its final decision on 31st January 2019. In this decision, the previous judgement from Lusaka High Court was reversed and Dr. Mahtani was made the majority shareholder and legal owner of the Portland Cement Zambia factory. However, the Ventriglia family have once again made a bizarre claim in which the decision from the higher Court of Appeal was questioned. Nevertheless, the Supreme Court Zambia where the case was approached evaluated this claim and found it to be invalid and circumstantial at best. As a result, this appeal from the Ventriglia family was effectively rejected.

About Dr. Rajan Mahtani
Website: http://drmahtani.com

For more than three decades, Dr. Mahtani has been building a successful empire at the heart of Zambian nation. His top companies till date includes Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He has also established himself as the owner of Portland Cement. He is also known to contribute regulatory in charitable activities and philanthropic works.
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Location:Lusuka - Lusaka - Zambia
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