After Dr. Mahtani Decided To Approach Court Of Appeal, Judge Announces Decision In Favour

After Dr. Mahtani Decided To Approach Court Of Appeal, Judge Announces Decision In Favour

Dr. Rajan Mahtani

The Case of Portland Cement Zambia is finally over now. However, this case has not been easy particularly for its real owner Dr. Rajan Mahtani. The instance of Portland Cement Zambia obviously features the difficulties and disturbances legit and moral businessmen experience when drawing nearer the lawful and legal executive frameworks. Zambia has been battling for quite a while and this battle has just expanded with political, legitimate and financial ecological getting progressively unpredictable. In that capacity, it is normal that getting justice or developing one’s business in a moral way will be extreme. For Dr. Rajan Lekhraj Mahtani, these difficulties have been a lot higher because of his honest and transparent ethical status, genuine and moral strategic approaches and direct character. After the factory was unethically taken over, Dr. Rajan Mahtani fought relentlessly across two different courts and for more than a decade to get back ownership of his factory. While the first time he was denied justice, it was the second court which made a transparent and ethical judgement.

Regardless of the various difficulties in his path, Dr. Rajan Mahtani has never been the one to pull out from straightforward and moral strategic policies. Absence of help frequently force businessmen into picking deceptive and degenerate way. In any case, Dr. Rajan Mahtani has had the option to whether these difficulties and stay at the highest point of the business in Zambia. Dr. Rajan Mahtani did not bow down to these circumstances and approached the higher Court of Appeal. The judge at the higher Court of Appeal evaluated the submitted evidences and testimonials and confirmed his verdict on 31st January 2019. According to this verdict, Dr. Rajan Mahtani paid a sum of one billion kwachas to the Portland Cement Zambia limited and took over ownership of 58 percent Portland Cement shares. This evidence was also confirmed with the original Shareholders’ Agreement and based on this, Dr. Mahtani is the majority shareholder and actual owner of the factory.

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