Where a company stands dissolved under section 248, it shall on and from the date mentioned in the notice under sub-section (5) of that section cease to operate as a company and the Certificate of Incorporation issued to it shall be deemed to have been cancelled from such date except for the purpose of realising the amount due to the company and for the payment or discharge of the liabilities or obligations of the company.
Section 250: Effect of company notified as dissolved.
The Companies Act, 2013Central Act · Act 18 of 2013
Where this provision sits
| Act | The Companies Act, 2013 |
|---|---|
| Section | 250 |
| Marginal note | Effect of company notified as dissolved. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 3 |
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