Minority Shareholders Can’t Be Unfairly Discounted in Quasi-Partnership Share Valuation Disputes: Karnataka High Court

HomeCompany & PMLAMinority Shareholders Can’t Be Unfairly Discounted in Quasi-Partnership Share Valuation Disputes: Karnataka...

Minority Shareholders Can’t Be Unfairly Discounted in Quasi-Partnership Share Valuation Disputes: Karnataka High Court

Company & PMLA

Published on

04/05/2026

By Mariya Paliwala

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The Karnataka High Court has delivered a significant ruling emphasizing that valuation of shares in quasi-partnership companies must reflect equitable treatment and cannot mechanically apply minority discount to the detriment of minority shareholders. The Bench of Justice Jayant Banerji and Justice T.M. Nadaf passed the order on April 29, 2026, while adjudicating objections to valuation…

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Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Minority Shareholders Can’t Be Unfairly Discounted in Quasi-Partnership Share Valuation Disputes: Karnataka High Court

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