250. Effect of company notified as dissolved.—
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.