By GRACE CHAILE LESOETSATHE Ventriglia family has contended that they are the only shareholders in Zambezi Portland Cement Limited as Finsbury Investments Limited is yet to pay them K580 Million to gain 58 percent shareholding in Zambezi Portland Cement Limited as ordered by the Court of Appeal judgement of January 31,2019.This is according to an application filed in the Lusaka High Court by Antonio and Manuela Ventriglia, seeking its permission to join the matter where Finsbury has sued Patents and Companies Registration Agency (PACRA) for failing to effect the Court of Appeal Judgement of January 31, 2019, which declared the company the majority shareholder in Zambezi Portland Cement Limited (ZPC).In its notice of originating motion filed in the Lusaka High Court, Finsbury, a company owned by Dr. Rajan Mahtani, and ZPC suing as first and second appellants seek an order that the decision of December 20, 2021, be set aside.The applicants also seek an order […]
Ventriglia, Finsbury battle over Zambezi Portland rages…
