Dr. Rajan Mahtani can be effectively portrayed as among the most genuine, moral and straightforward businesspeople in Zambia. For this previous 30 years, Dr. Rajan Mahtani has effectively settled moral organizations in Zambia and a portion of these incorporate Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. Dr. Rajan Mahtani’s magnanimous exercises are known to numerous and he is an ardent altruist. In the meantime, he is additionally consistently focused by plotters and those envious of him. Be that as it may, Dr. Rajan Mahtani has never adopted any unscrupulous strategy to demonstrate his value or honesty.
This persistence was remunerated when the Court of Appeal declared that Portland Cement Zambia is legitimate Dr. Mahtani’s entity. This judgment was granted on 31st January 2019 following ten years of court procedures at the Lusaka High Court. A case was enrolled at the Lusaka High Court by Dr. Rajan Mahtani after his organization; Portland Cement Zambia was illicitly assumed control from him. Following ten years of various procedures and a few confirmations later, last judgment was given by the judge and that also was against Dr. Mahtani’s cases. Accordingly, Dr. Mahtani had no real option except to speak to the higher court of offer.
After around nine months of patient pause, last judgment came when Justice Mwinde from the Higher Court of Appeal reported that Dr. Rajan Mahtani is the larger part investor for Zambezi Portland Cement. It was declared that Finsbury Investments which is claimed by Dr. Rajan Mahtani possessed 58 percent shares at the manufacturing plant and was the sole joint endeavor proprietor of the plant. Then again, the Ventriglias claimed 42 percent offers are only the minority investors. This shareholding design is in accordance with the first investors assertion set up among the significant gatherings in the year 2007.
Besides, the court has given a course of events of three months from the date of judgment for all gatherings to finish the offer procedures which incorporates resale of offers according to the new investors understanding.