The Lusaka High Court, which is dealing with the case between Dr. Rajan Mahtani and the Ventriglias on Zambezi Portland Cement, reported another development. According to the judge taking care of this case, the case is relatively finished and last judgment will be given soon. This is, in reality, a huge relief Dr. Rajan Mahtani who propelled this argument against the Ventriglias over nine years back. In the meantime, the Ventriglias are in a dim state as they are aware that once a final decision is made by the judge, they will have to hand over the rights of Zambezi Portland Cement to its rightful owner.
This court fight began nine years back when the Zambezi Portland was unlawfully assumed control by the Ventriglias. The production line was controlled by Dr. Rajan Mahtani before this illegal takeover, who cases to be the genuine proprietor. To demonstrate his claim, Dr. Mahtani has submitted different confirmations, archives and exhibits throughout the years. One of the greatest confirmation submitted was the consented to investor arrangement which obviously showed that he held 58 percent shares at the Zambezi Portland Cement. Besides, a review report directed by an autonomous reviewer unmistakably shows that the Zambezi Portland was kept running in the joint-wander organization and Dr. Mahtani has been the main JV (joint-venture) partner. Together with his dominant part shareholding, he is the lawful proprietor of the industrial facility.
While the Ventriglias have commonly attempted to ruin Dr. Mahtani, they have flopped wretchedly each time. The court will be giving its final judgement soon.
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