Closely held company

what is closely held company
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Quick Summary
A closely held company refers to any private company or unlisted public company where the general public does not hold a substantial interest. Essentially, these are businesses not traded on public stock exchanges and where ownership is concentrated among a smaller group of individuals.

Generally all unlisted public companies and private companies are termed as closely held companies.
Are those companies in which public are not substantially interested

A Closely held Company is a company in which public are not substantially interested. 

It includes Pvt Company & unlisted Public Company. 

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