Widely held public companies are those limited companies which are listed with Stock exchanges and closely held limited companies are the ones which are not listed.
Widely held public company is one where public are substantially interested.Whereas a closely held companies is one where public are not substantially interested.
Closely held company is perceived generally as unlisted public companies and private companies Every company which falls in the following categories, is considered a company in which the public is substantially interested, and Every company which does not fall in the following categories, is considered closely held:
1. a company owned by the Government or the Reserve Bank of India or in which not less than forty per cent of the shares are held (whether singly or taken together) by the Government or the Reserve Bank of India or a corporation owned by that bank
2. Section 25 companies
3. a company having no share capital and if, having regard to its objects, the nature and composition of its membership and other relevant considerations, it is declared by order of the Board to be a company in which the public are substantially interested
4.a mutual benefit finance company, that is to say, a company which carries on, as its principal business, the business of acceptance of deposits from its members and which is declared by the Central Government under section 620A of the Companies Act, 1956
5.a company, wherein equity shares carrying not less than fifty per cent of the voting power have been allotted unconditionally to, or acquired unconditionally by, and were throughout the relevant previous year beneficially held by, one or more co-operative societies
6. A company which is not a private company and whose shares are listed as on the last day of the previous year, in a recognised stock exchange,
7. A company whose equity shares carrying not less than 50% voting power have been allotted unconditionally to, or acquired unconditionally by, and were throughout the relevant previous year beneficially held by (a) Govt (b) Corporation established by central or state or provincial legislation or (c) any other company in which the public is substantially interested.
8. In case of an Indian company whose business consists mainly in the construction of ships or in the manufacture or processing of goods or in mining or in the generation or distribution of electricity or any other form of power, the shareholding referred in point 7 need only be 40% Thus we see that even unlisted public companies can be one in which public is substantially interested, if the shareholding is by the entities mentioned. The concept of this classification is mainly to tax pretended loans to related parties of the closely held company as deemed dividend U/s 2(22)(e) of the income tax act
At present, Crate and Barrel is privately held.
The shoes are made in China, the company is owned by Baliston International out of France and is not public.
A private company differs from a public company by how it does its research. A public company can dip into public capital markets as to where private companies cannot.
public company
what is the differences between public company and listed company
No, it is a privately held company.
It was a privately held company, but exists no longer.
Chanel is a privately held company.
No, a private company remains private even if a public company holds a percentage of its paid-up capital. The status of a company as public or private is determined by its articles of association and the provisions of the Companies Act in the relevant jurisdiction.
I do not believe it can. Private corporations can co go public but closely held corporations may not.
Privately-held companies are - privately held, i.e., owned by the company's founders, management or a group of private investors. A public company, on the other hand, is a company that has sold a portion of itself to the public via an initial public offering of some of its stock, meaning shareholders have claim to part of the company's assets and profits.
yup a public company is very much different from a govt. company,in a govt. company 51%of the share is held by central govt. or state govt. and remaining 49%is held by other joint ventres or even by some public cmpany.
Public Limited Comapnies have widely held ownership ( Shares) They have unlimited liability and PVT LTD companies have limited no of People who have the shares of the company (1 - 24 persons), the ownership of the company is limited and hence the liability is also limited.
To disagree with a widely held public opinion. An explanation from justices who disagree with the Court's decision
At present, Crate and Barrel is privately held.
A Public Limited Company (legally abbreviated to PLC) is a kind of public company (publicly held company) in the United Kingdom, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited (liability) company whose shares are freely sold and traded to the public.
Mortgages... that's about all I can think of.