---
title: "Share Valuation Disputes"
url: "https://legal.ge/en/service/dispute-resolution-and-litigation-en/share-valuation-disputes-en"
field: "Dispute Resolution & Litigation"
description: "Fair buyout price disputes: the 30-day term, expert valuation and appeal rules under Georgian law. Legal.ge."
reviewed: "2026-02-13"
updated: "2026-10-15"
publisher: "legal.ge"
---

# Share Valuation Disputes

> Source: legal.ge, https://legal.ge/en/service/dispute-resolution-and-litigation-en/share-valuation-disputes-en

## Why Share Valuation Disputes Arise

When an entrepreneurial society is transformed — by merger, amalgamation, division or change of form — a partner who voted against the transformation at the general meeting is entitled by law to have the share bought out. A dispute arises when the partner does not agree with the buyout price offered for the share: in that case the determination of the fair price is taken over by the court, on the basis of an independent valuation. Georgian legislation regulates this procedure in detail — through terms, the content of the application and the criteria by which the court determines the price. For both sides, managing the timeline is decisive: the right to apply exists only for a short statutory term, and a defect at any stage leads to rejection of the application.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/dispute-resolution-and-litigation-en/share-valuation-disputes-en

### Within what term is the application filed?

Within 30 days of receiving the notice of the buyout price.

### By which criteria is the price determined?

The value of the share, expected income, assets and liabilities; for mandatory sale, the market value of the shares as well.

### Who reimburses the expert’s costs?

The buyer.

### How is the decision appealed?

Only in the appellate mode, within 14 days; the appeal does not suspend execution.