ORA-15032 , ORA-15017 , ORA- 15040 , ASM Disk-group not found!!

Hello friends, this is something fun which I came across, while trying to troubleshoot an ASM issue.
Usually we know that the diskgroups are an important entity of the ASM infrastructure and working of the database depends a lot upon them.
This particular issue was seen on the standalone ASM database. The ASM diskgroup was nowhere to be found while querying the v$asm_diskgroup and v$asm_disks dynamic tables.