Closely held company

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09 March 2010 Please describe the meaning of closely held company.

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.


10 March 2010 Thank you.


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