Section 250 Effect of company notified as dissolved – Companies Act 2013

Amended and updated notes on section 250 of Companies Act 2013. Provisions and rules related to effect of company notified as dissolved.

Amended and updated notes on section 250 of Companies Act 2013. Detail discussion on provisions and rules related to effect of company notified as dissolved.

Chapter XVIII (Section 248252) of the Companies Act, 2013 (CA 2013) deals with the provisions related to removal of names of companies from the register of companies. Section 250 of CA 2013 provides for effect of company notified as dissolved.

Recently, we have discussed in detail section 249 (Restrictions on making application under section 248 in certain situations) of CA 2013. Today, we learn the provisions of section 250 of the Companies Act 2013.

The provisions of section 250 is effective from 26th December, 2016. You may refer Notification No. S.O. 4167(E) issued dated 26-12-2016. In this article, you will learn detail of the provisions of section 250 the Companies Act 2013.

Name of ActThe Companies Act 2013
Enacted byParliament of India
Administered byMinistry of Corporate Affairs (MCA)
Number of Chapters29
Number of Sections484 (470-43+57)
Number of Schedules7
You are reading:
Chapter No.XVIII
Chapter NameRemoval of Names of Companies from the Register of Companies
Section No.250
Section NameEffect of company notified as dissolved
Monthly Updated EditionCompany Law PDF

Section 250 of Companies Act 2013: Effect of company notified as dissolved

Section 250 shall come into force on 26th December, 2016 vide Notification No. S.O. 4167(E) dated 26.12.2016.

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.


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