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…
Ask Jurishour AI
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
Mariya Paliwalahttps://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.
Latest articles
Direct Tax
S. 147A Validating JAO-Issued Income Tax Reassessment Notices Struck Down: P&H High Court
The Punjab and Haryana High Court has struck down Section 147A of the Income...
Indirect Taxes
Unreliable Panchnama, Unproduced Private Ledger Can’t Prove Clandestine Removal: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Indirect Taxes
Only Amortised Value Of Customer-Owned Tools And Dies Can Be Included In Assessable Value Of Auto Parts: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...
Indirect Taxes
Customs Exemption Unavailable When Aircraft Operated Without Valid Charter Permit: CESTAT Upholds Confiscation, Rs. 2.5 Crore Fine
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...
More like this
Direct Tax
S. 147A Validating JAO-Issued Income Tax Reassessment Notices Struck Down: P&H High Court
The Punjab and Haryana High Court has struck down Section 147A of the Income...
Indirect Taxes
Unreliable Panchnama, Unproduced Private Ledger Can’t Prove Clandestine Removal: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Indirect Taxes
Only Amortised Value Of Customer-Owned Tools And Dies Can Be Included In Assessable Value Of Auto Parts: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...

