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    <title>Effect of non filing Whether penalty under section 629A would be attracted if director continues to act as such without filing his consent</title>
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    <description>Continuing to act as a director without filing the consent within the period specified in section 264(2) attracts the penalty under section 629A; the consent may subsequently be filed on payment of the additional fee under section 611(2), and the Central Government may condone the delay under section 637B to remove the prohibition.</description>
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      <description>Continuing to act as a director without filing the consent within the period specified in section 264(2) attracts the penalty under section 629A; the consent may subsequently be filed on payment of the additional fee under section 611(2), and the Central Government may condone the delay under section 637B to remove the prohibition.</description>
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