Concept:Limited companies in Nigeria must file statutory returns with the Corporate Affairs Commission.
Explanation:Both public and private limited companies are regulated by the Companies and Allied Matters Act.
The Corporate Affairs Commission (CAC) supervises registered companies.
One common legal duty is to submit annual accounts and reports to the CAC.
This allows the commission to monitor the company’s operations and financial status.
Restrictions on share transfers apply mainly to private companies, not all limited companies.
Public companies may offer shares on the stock exchange and through issuing houses.
Thus, options A, B and D describe possibilities or special cases, not a universal requirement.
Answer:C. their annual accounts are made available to the corporate affairs commission.