Condonation of delay in filing annual returns only averts penalty and prosecution and not disqualification of directors

Prof. M. K. Sanoo Vs State of Kerala (Kerala High Court) Kerala High Court held that condonation of delay in filing of the annual returns only averts penalty and prosecution and doesn’t remove disqualification of the directors of the Company. Accordingly, the writ is disposed of and order is quashed. Facts- The petitioners in all these cases are members of the Aruvipuram Sree Narayana Dharma Paripalana Yogam (SNDP Yogam). The writ petitions are filed, mainly aggrieved by the Order No. IGR/4487/2020/L3 dated 17.02.2024 issued by the Inspector General of Registration, holding that the Directo...