Rectification Of Company Name

Question 1

Rectification of company name

Answer 1

Here’s a simplified explanation:

Rectification of Company Name

A company can change its name if it was:

1. Registered incorrectly
2. Obtained using false information

The company can:

1. Voluntarily change its name with the registrar’s approval
2. Be directed by the registrar to change its name within 30 days

If the company fails to comply:

1. The registrar can change the company’s name and issue a new certificate
2. The company will be liable for a penalty