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Closely held company

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(Querist)
09 March 2010 Please describe the meaning of closely held company.
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Rasesh

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Rasesh (Expert)
10 March 2010 when the shareholders of the company are in a small group and they by coming together own the entire equity of the company, the company can be called as a closely held company.

inversely, a company in which the public is directly or indirectly not interested (not owning equity shares) is a closely held company.
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Tushar shah

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Tushar shah (Querist)
10 March 2010 Thank you.
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