closed corporation

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Related to Close Corporations: closely held corporation
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  • noun

Synonyms for closed corporation

References in periodicals archive ?
The Fund provides fund to small and medium businesses registered as close corporations.
Shareholders in close corporations have often invested "a substantial percentage" of their assets in the corporation .
Close corporations forge delicate equilibria that balance who will sit on the board, and which directors and which shareholders must approve certain actions, and who will receive a salary.
2d 849 (1988), also followed Donahue and applied the partnership analogy to close corporations.
The Deleware Supreme Court, on the other hand, has refrained from creating special judicial protections for minority shareholders in close corporations.
Because foreign incorporation is marginally costlier for close corporations than for public corporations, so that few close corporations will choose to incorporate outside the state in which they do business, states with inefficient statutes do not face the threat of loss of incorporation business.
these close corporations have a lack of marketability that must be factored into valuation.
Normally, the appraiser discounts the closely held corporation's overall value due to the illiquidity of its shares and the owner's pro rata share because of the difficulty of selling blocks of stock in close corporations.
This is done thru the provision of a range of technical services to help them access government procurement opportunities, assisting them to cost tender documents, help register their business as a close corporations or co-operatives; provide business management training and support and enhance market opportunities, business linkages, mentorship and coaching.
It describes the geography, cultural and political background, population and employment, companies and close corporations, and social and cultural values of South Africa; the historical background of companies, partnerships, and close corporations; the definitions and structure of corporations and partnerships; the sources of law; the effect of international private law in South Africa; and the labor law connection.
The tournament will be organised in close corporations with the Katutura Soccer development Project.
Cohan, whose background before becoming a general counsel was primarily in estate planning as well as real estate and counseling close corporations, says once he became general counsel for a small company his work unexpectedly became far more business than legal.
Accordingly, individual stockholders who rent property to close corporations when the rental results in net income should report that income on their return as nonpassive.
He has litigated matters involving trade dress protection, reinsurance contracts, real estate, securities, products liability, telecommunications, property damage, employment, shareholder disputes in close corporations, and a variety of contractual disputes.