Closely held company
Tejas Jasoriya (CPT clear) (284 Points)
21 October 2015
what is meant by closely held company?
Tejas Jasoriya (CPT clear) (284 Points)
21 October 2015
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 22 October 2015
Hello,
Closely held Companies in which public are not substantially interested. In simple term they are private companies, meaning their shares don’t trade publicly.
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