Company without board of directors.

166 views 2 replies

vikas jolly

9 Points Joined October 2019

if company directors are disqualified and company is without board and not filing annual returns from year 2016...what is the legal status of the company...is it an active company as per operation of law.

Replies (2)

CA Naveen Chand

Chartered Accountant

12739 Points Joined December 2016

if company is not filing annual statement u/s 137 and annual return u/s 92 in immediately in 3 consecutive preceding years then such company > DIRECTORS shall be disqualified however they have time of 6 months means

they shall not vacate their office for next 6 months if they are disqualified u/s 164 (2)