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closely held company

Anu radha (30 Points)

30 June 2018

what is meant by closely held company?

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CA Sunil Kumar (Chartered Accountant) (4519 Points)
Replied 30 June 2018

Closely held Companies in which public are not substantially interested. In simple term they are private companies and unlisted public company, meaning their shares don’t trade publicly.
Closely held companies includes companies which shares are not listed (Limited unlisted companies) & private ltd. companies.

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