Due to heavy rains and floods, Chennai Handloom Limited was unable to convene the annual general meeting up to 30th September 2017. The company has not filed the annual financial statements, or the annual return as the directors of the company is of the view that since the annual general meeting did not take place, the period of 60 days for filing of annual return is not applicable and thus, there is no contravention of Section 92 of the Companies Act, 2013. Discuss whether the contention of the directors is correct.