-
Viesearch·
-
@vivekranjaneditor·
Close LLP
In India, the concept of a "close company" is not explicitly defined under the Companies Act, but it relates to privately held companies with limited shareholders. Here are the key points: Close company in India is akin to a private limited company. It typically has a smaller number of shareholders, often family members or closely associated individuals. Shareholders in a close company usually have a significant influence...