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Case Number of the immediately preceding lawsuit
Seoul High Court 2010Nu5242 (No. 22, 2010)
Case Number of the previous trial
Early High Court Decision 2007J 4901 (Law No. 25, 2008)
Title
The transaction value of the unlisted stocks transferred with management rights can not be considered as the market price.
Summary
In the case of stock transfer, if the right of management is transferred together, the transaction price shall not be deemed the market price that reflects the objective exchange value when only the stocks are transferred.
The decision
The contents of the decision shall be the same as attached.
Text
All appeals are dismissed.
Costs of appeal shall be borne by each party.
Reasons
All of the records of this case and the judgment of the court below and the grounds of appeal were examined. However, the grounds of appeal on the grounds of appeal are not included in the grounds provided by each subparagraph of Article 4(1) of the Act on Special Cases Concerning the Procedure for Appeal, and all of the appeals are dismissed pursuant to Article 5 of the same Act. It is so decided