Change of name

If, through inadvertence or otherwise, a company on its first registration or on its
registration by a new name, is registered by a name which,—
(a) in the opinion of the Central Government, is identical with or too nearly resembles the
name by which a company in existence had been previously registered, whether under
this Act or any previous company law, it may direct the company to change its name
and the company shall change its name or new name, as the case may be, within a
period of three months from the issue of such direction, after adopting an ordinary
resolution for the purpose;
(b) on an application by a registered proprietor of a trade mark that the name is identical
with or too nearly resembles to a registered trade mark of such proprietor under the
Trade Marks Act, 1999, made to the Central Government within three years of
incorporation or registration or change of name of the company, whether under this
Act or any previous company law, in the opinion of the Central Government, is
identical with or too nearly resembles to an existing trade mark, it may direct the
company to change its name and the company shall change its name or new name, as
the case may be, within a period of six months from the issue of such direction, after
adopting an ordinary resolution for the purpose.
(2) Where a company changes its name or obtains a new name under sub-section (1), it shall
within a period of fifteen days from the date of such change, give notice of the change to
the Registrar along with the order of the Central Government, who shall carry out
necessary changes in the certificate of incorporation and the memorandum.
(3) If a company makes default in complying with any direction given under sub-section (1),
the company shall be punishable with fine of one thousand rupees for every day during
which the default continues and every officer who is in default shall be punishable with
fine which shall not be less than five thousand rupees but which may extend to one lakh
rupees.