The judge from the Lusaka High Court went against the law while giving the final judgement on Zambezi Portland Cement which was being contested for more than a decade. The judgment was given by Justice Mwinde who said that the judge beneath him wasn't right in proclaiming Ventriglias as the majority shareholders without having adequate proof. According to the Court of Appeal's judgment, Dr. Rajan Mahtani claimed Finsbury Investments is majority shareholder of Zambezi Portland with 58 percent shares and the Ventriglias possess 42 percent shares and are simply minority investors. This judgment is in accordance with the original Shareholders Agreement which was built up. This judgment took right around an hour and a half on 31st January morning yet at long last gave a genuine justice to a businessman who has been persistently hanging tight for as far back as ten years. This judgment from the Court of Appeal successfully finished the patient hang tight for Dr. Rajan Mahtani after the manufacturing plant was illicitly taken over from him. While the state of the manufacturing plant has debased essentially, it is trusted that Dr. Rajan Mahtani will almost certainly convey back the manufacturing plant to its unique wonder.
Concerning falsification claims, the Court of Appeal discounted all imitation related charges by saying that the act of mechanical position of marks in business reports is a typical and acknowledged practice inside the Zambezi Portland Cement factory. Also, the Court of Appeal has given a timeline of three months from the date of judgment to complete the regularization process.
Concerning falsification claims, the Court of Appeal discounted all imitation related charges by saying that the act of mechanical position of marks in business reports is a typical and acknowledged practice inside the Zambezi Portland Cement factory. Also, the Court of Appeal has given a timeline of three months from the date of judgment to complete the regularization process.