Portland Cement Zambia

Dr. Rajan Mahtani Makes Another Attempt To Save Portland Cement Zambia

Portland Cement Zambia is a cement manufacturing factory which was established with the objective of producing cement for domestic production. There are only a few industrial plants within the nation and cement is an essential element for any construction project. Therefore, the cement factory played an essential part within the construction industry of Zambia, providing cement for development of residential buildings, infrastructure and related essential projects which helped in improving the socio-economic status of the country. During the leadership of Dr. Rajan Mahtani, the cement manufacturing factory produced in excess, making it one of the highest producers of cement within Zambia. Furthermore, the factory was also providing above-industry wages to its employees and workers, improving their lives as well as the lifestyle of the communities within the province as well.

Portland Cement Zambia

However, the current condition of the factory is in despair as without any leadership, the factory production has gone downhill and system is almost ruined. Majority of the workers have either left the factory or are working without wages or salaries for many months now. Furthermore, the factory assets have started to corrode and the factory cash box has been emptied by scrupulous individuals and groups. The factory is in dire state and experts fear if this state is not changed soon, the revival of the factory will be next to impossible. As a result, majority of those associated with the case were eagerly waiting for the final decision.

zambezi-portland-cement

Even the judge handling the case made a positive announcement when the case hearing was closed and parties were asked to submit their evidences based on which final judgment was to be given. However, the final judgment was a shocking one as Dr. Rajan Mahtani lost the case. Notwithstanding this injustice, Dr. Rajan Mahtani has now made an appeal to the higher court of Zambia wherein he has requested intervention from higher authorities regarding this case.

Dr. Mahtani & Zambia

Dr. Rajan Lekhraj Mahtani’s Contribution Results In Success Of African Summit 2017

Like other developed nations and emerging countries, Zambia has also started participating in economic summits and national events recently. The purpose of these events is to create a platform for economists, businesses, industries and relevant groups and organisations to join together and create meaningful and effective solutions for the critical and burning issues surrounding the nation. Off late, these summits and national events have been extremely successful in bringing topics associated with the political, legal, economical, social, technological, environmental and geo-political factors associated with the nation. This participation from industry experts and business giants not only helps in establishing great ideas for businesses and government, but also creates successful relationships and business contracts among businesses and industries for domestic growth and development.

Dr. Rajan Mahtani Contribution

African Summit is one such event which is being held in Zambia annually. The objective of this event is to create a platform for businesses and industries and generate creative and innovative ideas. The 2017 African Forum Summit was a huge success, participated by numerous industry personalities and business experts, such as Dr. Rajan Lekhraj Mahtani. After the summit was successfully completed, the Chief Press Secretary of the event released a press release. In this press release, Dr. Rajan Mahtani was praised for his significant financial contribution which resulted in the success of the event. Dr. Mahtani rarely shares his charitable and philanthropic activities in public and as a result, majority of the event participants were unaware of his significant contribution. Furthermore, the Chief Press Secretary also praised Dr. Mahtani for his participation and humble nature. He also helped numerous young entrepreneurs and businessmen during the event by sharing his wisdom, business acumen and entrepreneurial expertise.

Portland Cement Zambia

The Fate Of Portland Cement Zambia Hangs In Balance With The Latest Lusaka HC Announcement

The case of Portland Cement Zambia is a classic case of legal obligations and ownership issue taking a toll in the development and growth of the factory. The case was registered by Dr. Rajan Mahtani, a noted industrialist, businessman and philanthropist. Dr. Rajan Mahtani is credited for bringing foreign investments in Zambia. He is also noted for his regular charitable and philanthropic contributions towards the Zambian society. In spite of these achievements, Dr. Mahtani continuously faces conspiracies and difficulties when trying to conduct honest businesses.

Portland Cement Zambia Case

The current condition of the factory can be considered as dismal, majorly due the case and lack of leadership around the factory. This has resulted in dismal production, irregular salary and wages structure and lack of motivation from the employees and workers. It is safe to say that, if the condition of the factory remains same, it might soon become impossible for anyone to bring the factory back to its glory days. The only path that remains viable is giving the factory to its rightful owner and ensuring that the factory starts its production process and other activities as before.

After one of the longest running trials stretching for over a decade, few critical announcements were made in the past few months. The first major announcement was the closure of the case hearing, which meant that the case verdict will be announced based the evidences and testimonials submitted by the parties. However, the second major announcement was more shocking, which was also the final verdict for the case. The final verdict was announced against the claims made by Dr. Rajan Mahtani. It was a clear indication that the evidences submitted were ignored in all accounts and judgment was misdirected. Now withstanding this skewed judgment, Dr. Mahtani quickly took action and made an appeal to the ‘higher court of appeal’ against this judgment. Reply is awaited as of now.

Dr. Mahtani

With Financial Contribution Dr. Mahtani Ensured Success Of African Forum And Its Continuity

The African Forum Summit is an economic event which is held annually in Zambia. It is among the biggest economic summits in the nation and numerous top companies and industrialists participate in the event. The 2017 African Summit was a grand success with involvement of numerous industries and corporations as well as effective participation from Industry experts. Among the noted industrialists participating in the event, Dr. Mahtani was there. He is one of the most successful and established businessman in Zambia with numerous successful and long-running ventures under his name. He is also regularly involved in numerous charities, social works and philanthropic activities. However, majority of these charitable and philanthropic activities are not publicized by him unlike his counterparts since he considers these activities as his duty rather than a PR stunt.

African Forum Summit 2017

Therefore, it was a complete surprise for all participants when it was found that Dr. Mahtani had significantly contributed for the success of the African Summit. A press release was released by the Chief Secretary of the event after the summit was completed. In this press release, the Chief Secretary thanked Dr. Rajan Mahtani for his significant financial and psychological contribution which resulted in the grand success of the event. Even though Dr. Mahtani did not gain any financial profits from his contribution, it was merely to help the summit financially so that it is able to fulfil its objective. And with this contribution, the African Summit was not only able to complete its objective, but it is also now considered for annual event across the Zambian nation. This feat was only possible with the contribution from Dr. Mahtani. Apart from this, he was also praised for his enthusiastic participation in the event and helping youngsters

Portland Cement Zambia

The Final Verdict On Portland Cement Zambia Announced Recently, Shocks Everyone

The final verdict on the long-pending Portland Cement Zambia case was announced recently by the Lusaka High Court judge. This verdict certainly raised many eyebrows. The case of Portland Cement Zambia is decades old and is easily considered as among the longest pending high-profile corporate cases in Zambia. A noted businessmen associated with the case is Dr. Rajan Mahtani. He is the owner of Finsbury Investments, Mahtani Group of Companies and many more successful businesses across Zambia. Not only that, he has also successfully established numerous businesses outside Zambia, especially across developed nations such as United Kingdom. He is also among the few businessmen with international contacts who have helped bring foreign investments in Zambia. Despite these achievements as well as contributions towards the economic and social growth of the nation; Dr. Rajan Mahtani is constantly harassed by conspiracies as well as lack of proper scrutiny among the law and government.

Final Verdict of Portland Cement Zambia

The case of Portland Cement Zambia was first launched by Dr. Rajan Mahtani when the factory was illegally taken over from him. The trial has been going on for more than 10 years and during this time, Dr. Mahtani and his lawyers has submitted numerous evidences and documents proving his real ownership over the factory. Some of the most critical documents shared included a signed shareholder’s agreement, financial exhibits which clearly iterate investments worth millions by Dr. Mahtani in the development of the factory as well as independent audit report conducted by independent auditor which indicates that the factory was established as a joint venture and Dr. Mahtani is the sole joint venture partner of the factory.

Even after submitting these evidences, the final verdict was announced against the claims made by Dr. Mahtani. It is clear that the judge ignored all the evidences and made a misdirected judgment. However, Dr. Rajan Mahtani has immediately taken the right steps and has now made an appeal to the higher court of Zambia against the judgment made at the Lusaka High Court.

Dr. Rajan Mahtani

Dr. Rajan Mahtani Makes Another Contribution To The Society For Growth & Prosperity

Zambia recently launched a series of economic events such as seminars, summits and related forums which have been acting as a platform for industries, experts and specialists from different parts of the nation as well as from different sections of the society to join together and create a platform for the generation of ideas and innovations. These platforms are essential not only for networking or contacts, but also for discussions and finding solutions to the major issues and challenges gripping the nation. A similar event was conducted a few months back, the African Forum Summit. It is one of the national summits which is held in Zambia every year and brings together some of the top industry and corporate experts along with experts from other fields. The African Forum Summit of 2017 was a successful event with participation from various experts and industry veterans. Top businessmen including Dr. Rajan Mahtani also participated in the numerous activities conducted along the summit. After the completion of the summit, the Chief Secretary of the event organizing company released a press release thanking Dr. Mahtani for his significant financial contribution that resulted in the success of the event. Most of the participants and members were not aware of this significant contribution from Dr. Rajan Mahtani.

After from contributing towards the success of the event, Dr. Rajan Mahtani was also an active participant of the event. He also helped numerous new professionals and entrepreneurs and was supportive. Many of the young participants praised him for his humble nature and his enthusiasm towards sharing his wisdom and business acumen.

African Forum Summit 2017

Dr. Rajan Mahtani is one of the few businessmen in Zambia who have established his empire based on honest, transparent and ethical businesses. Despite these, he is always targeted by conspirators and jealous groups who

Dr. Mahtani & Zambia

Dr. Rajan Mahtani and his lawyers shocked with the Lusaka HC judgment on Portland Cement

The case of Portland Cement Zambia is known to all. The factory was established under the leadership of Dr. Rajan Lekhraj Mahtani, who is also the legal owner of the factory. Dr. Mahtani is one of the most successful businessmen in Zambia. He is also known for his transparent and honest business ethics. During his tenure of more than three decades, Dr. Mahtani has established numerous successful businesses. Some of his most notable establishments include Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. For the past ten years, Dr. Rajan Mahtani has been fighting for the legal ownership of Portland Cement Zambia.

During the course of ten years, Dr. Rajan Mahtani and his lawyers have shared numerous critical evidences that sufficiently prove his claim as well as his ownership over the factory. Some of these documents included independent audit report, financial exhibits as well as signed shareholder’s agreement. The judge handling this case also made a positive announcement when he declared closure of the case hearing and final announcement of the verdict after analysing the documents and evidences presented by the parties associated with the case. While this was positive news for Dr. Rajan Mahtani as majority of the evidences submitted by his lawyers were sufficient enough to prove his legal ownership over the factory; the final verdict announced by the judge was an unexpected and unfortunate event.

The judge gave the final verdict against Dr. Rajan Mahtani, which was completely against the evidences shared before the judge. It was a clear case of misdirected judgment and skewed opinion of the judge. However, Dr. Rajan Mahtani immediately took the right steps after this misdirected verdict and launched an appeal to the higher court of Zambia. He has shared his entire dilemma and is expecting a positive reply from the higher court.

Dr. Mahtani And Zambia

Zambia News

Dr. Rajan Mahtani and his Lawyers have made an appeal to Higher Court for Portland Cement

Dr. Rajan Mahtani is one of the most successful business entrepreneurs in Zambia. He is responsible for some of the biggest companies in Zambia, including Mahtani Group of Companies and Finsbury Investments. Even with these successful business streaks, Dr. Mahtani is struggling to get justice at the hands of the Zambian government. For the past ten years, Dr. Rajan Mahtani has been fighting a case at the Lusaka High Court. This legal battle is for the ownership of Portland Cement Zambia, a cement manufacturing company. During this trial, Dr. Rajan Mahtani and his team of lawyers have submitted numerous evidences and documents. These evidences have strongly established Dr. Rajan Mahtani’s case. Some of these documents included signed shareholder’s agreement, financial documents and an audit report conducted on the Portland Cement Zambia by an independent auditor which clearly established the fact that Dr. Mahtani was the sole joint venture partner of the factory. Even with these reasonable and strong evidences, true justice was never given by the court.

Rajan Mahtani

The latest judge overseeing the case recently announced the closure of the case hearing, meaning no more trials at the court. This was a significant advancement for the case and also a positive news as Dr. Mahtani’s evidences was much stronger and enough for winning him the case. However, the final verdict made by the judge was an extremely appalling event as the verdict was given against Dr. Mahtani’s claims. This is clearly a case of misdirected judgment from the high court justice. While this verdict is certainly a big blow for Dr. Mahtani’s patience, the case is not over yet. Dr. Rajan Mahtani has now filed a case at the higher court of appeal, claiming that the verdict made at the Lusaka High Court was unjustified and should at least be re-evaluated by the higher court of appeal. The reply is awaited as of now.

Zambia News

Final Verdict of Portland Cement Zambia Given by Lusaka HC, Dr. Mahtani Moves Court

Portland Cement Zambia is a long-pending case at the Lusaka High Court. It was registered by Dr. Rajan Mahtani almost 10 years ago and the court has not been able to provide any judgment or final verdict. During the trial of the case, the judges got transferred or were unable to take the case anymore due to different reasons. Many other times, one or more critical members from both sides were unable. All these issues resulted in this long stretch of the case, making it one of the longest pending high-profile corporate cases.

Portland Cement Zambia

During the trial, Dr. Rajan Mahtani has submitted numerous evidences. Some of the critical evidences included signed shareholder’s agreement, financial exhibits, testimonials as well as audit report conducted by an independent auditor which clearly stated that Dr. Rajan Mahtani was the sole joint venture partner of the factory and its rightful owner. The judge current residing the case recently made a positive move when he announced that the case hearing was closed and both parties needed to submit their evidences all at once, in written and oral format. After reviewing the evidences, the judge was supposed to provide final verdict.

However, the final verdict which was announced few weeks earlier shocked everyone. The judge announced the results against Dr. Mahtani, even though almost all of the documents clearly stated him as the sole joint venture partner and owner of the factory. While this judgment has certainly shocked Dr. Mahtani and surprised all those awaiting the judgement, Dr. Mahtani is not bogged down and has made an appeal to the ‘higher court’ against the judgment given at the Lusaka High Court. In his appeal, he has stated that the judgement was misdirected and none of the evidences shared by Dr. Rajan Mahtani were considered by the judge. Response from the higher court is awaited now.

Zambia News

Dr. Rajan Mahtani Unhappy with Court Verdict, Moves to Higher Court

The case of Portland Cement Zambia famous across entire Zambia. The cement factory was running under the leadership of Dr. Rajan Mahtani for a long time. Dr. Mahtani is a noted businessman, entrepreneur and philanthropist. He is also known for his charitable activities, though he does not like to publicize his charity works or other philanthropic activities. Dr. Rajan Mahtani started the Portland Cement Zambia factory and quickly took it into the top position, making the cement factory higher producer of cement across the nation. The factory was also known for providing higher than industry average wages and salaries to its employees, staff and workers. However, Dr. Rajan Mahtani is currently fighting for the legal takeover of the factory.

Dr. Rajan Mahtani

The case was launched almost a decade back at the Lusaka High Court. After the initial trial, there were various roadblocks that resulted in long-stretch of the case proceedings. Sometimes the judge got transferred and other time the parties were not present. The latest judge handling this case made a progressive announcement few months back when he declared that the case hearing was closed and no more trials will be conducted. He also asked both parties to submit their evidences and based on these evidences; the final judgement was expected soon.

Expert opinion suggested an easy win for Dr. Rajan Mahtani as his evidences were much stronger than the respondents. However, the final verdict was announced few weeks ago and it was shocking for everyone, including the general public. As per the judge’s verdict, Dr. Rajan Mahtani lost the case and the ownership was snatched away from him. However, Dr. Rajan Mahtani is not bogged down by this verdict. It is well known that the verdict and the judgment with the High Court judge is biased and not based on the evidences provided. As such, Dr. Rajan Mahtani has now approached the higher court of appeal at Zambia to file a motion against the judgement made at the Lusaka High Court.