Company without board of directors.

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.
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Quick Summary
This discussion examines the legal standing of a company whose directors have been disqualified and consequently, it lacks a board. It delves into the implications of not filing annual returns and statements for consecutive years, specifically referencing sections 137 and 92. The query also touches upon the six-month grace period directors have before vacating their office after disqualification under section 164(2).

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) 

Thank you.

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