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Sec 250 Companies Act 2013: Effect of Company Notified as Dissolved

SECTION-250 (Effect of company notified as dissolved) under CHAPTER-XVIII (Removal of Names of Companies from the Register of Companies) of the Companies Act, 2013

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.

Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013).

(2) Section 250 of the Companies Act 2013 was notified by MCA Notification S.O. 4167(E) dated 26th December, 2016 (w.e.f. 26th December, 2016).

This page was last updated on 3rd May, 2017.

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