Disqualification of director u/s 164(2) for non-submission of return of dissolved company is unsustainable

Eanokaran Anthony Tony Vs Union of India (Kerala High Court) Held that disqualification of the director under section 164(2) of the Companies Act, 2013 for failure to submit returns with respect to a dissolved company is untenable in law. Facts- Petitioner was the Director of a company named Margin Free Kuries Private Ltd. As the company has become defunct, the petitioner decided to strike off and dissolve the company, as provided in Section 560 of the Companies Act, 1956. In accordance with the guidelines for Fast Track Exit mode, the petitioner submitted Ext. P3, requesting to strike off the...