Deemed dividend section
C ANNBU PALANIAPPAN (8 Points)
09 August 2023
is unlisted company is closely held company?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182121 Points)
Replied 09 August 2023
An unlisted company means a company which does not have any of its securities listed on any recognized stock exchange. It may or may not be closely held companies.
While Closely held Companies are companies in which public are not substantially interested. In simple term they are private companies and unlisted public companies whose shares are held by few share holders.
sabyasachi mukherjee
(27603 Points)
Replied 10 August 2023
Deemed dividend section. is unlisted company.
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