pls help me on the meaning of closely held company ?
& meaning of infrastructure capital fund ?
2 Replies
CA.Saibaburao Nanduri
(Chartered Accountant)
(3847 Points)
Replied 13 December 2007
Closely held company
A company who has a small group of controlling shareholders. In contrast, a widely-held firm has many shareholders. It is difficult or impossible to wage a proxy battle for any closely-held firm.
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closely held company
A firm whose shares of common stock are owned by relatively few individuals and are generally unavailable to outsiders. Also called closed corporation
CA.Saibaburao Nanduri
(Chartered Accountant)
(3847 Points)
Replied 13 December 2007
Infrastructure
The basic physical systems of a business or nation.
Notes:
Transportation, communication, sewage, water, and electric systems are all a part of infrastructure. These systems tend to be high cost investments however, they are needed for a country to be efficient and productive.
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