Rectification of name of company.
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, in the opinion of the Central Government, is identical with, or too nearly resembles, the name by which a company in existence has been previously registered, whether under this Act or any previous companies law, the first- mentioned company- a may, by ordinary resolution and with the previous approval of the Central Government signified in writing, change its name or new name and 999999. In its application to Government Companies, section 21 shall be read along with the following proviso Provided that nothing in this section shall apply to a Government Company where the change in its name consists only in the deletion of the word Private therefrom Vide Notification No. GSR 1649 dt. 13. 11. 65, Gaz. of India, Pt. II, Sec. 3 i , p. 1733- 34 issued under s. 620 . 1. Added by Act 31 of 1965, s. 6 w. e. f. 15- 10- 1965 . b shall, if the Central Government so, directs within twelve months of its first registration or registration by its new name, as the case may be, or within twelve months of the commencement of this Act, whichever is later, by ordinary resolution and with the previous approval of the Central Government signified in writing, change its name or new name within a period of three months from the date of the direction or such longer period as the Central Government may think fit to allow.
a may, by ordinary resolution and with the previous approval of the Central Government signified in writing, change its name or new name and 999999. In its application to Government Companies, section 21 shall be read along with the following proviso Provided that nothing in this section shall apply to a Government Company where the change in its name consists only in the deletion of the word Private therefrom Vide Notification No. GSR 1649 dt. 13. 11. 65, Gaz. of India, Pt. II, Sec. 3 i , p. 1733- 34 issued under s. 620 . 1. Added by Act 31 of 1965, s. 6 w. e. f. 15- 10- 1965 .
Added by Act 31 of 1965, s. 6 w. e. f. 15- 10- 1965 .
b shall, if the Central Government so, directs within twelve months of its first registration or registration by its new name, as the case may be, or within twelve months of the commencement of this Act, whichever is later, by ordinary resolution and with the previous approval of the Central Government signified in writing, change its name or new name within a period of three months from the date of the direction or such longer period as the Central Government may think fit to allow.
If a company makes default in complying with any direction given under clause b of sub- section 1 , the company, and every officer who is in default, shall be punishable with fine which may extend to one hundred rupees for every day during which the default continues.