Company name allotment: default "ORDNC" name imposed when a company fails to comply with a Regional Director's direction. Failure to change name within three months after a Regional Director's direction results in automatic allotment of a default name beginning with "ORDNC" ... Summary
Company name allotment: default "ORDNC" name imposed when a company fails to comply with a Regional Director's direction.
Failure to change name within three months after a Regional Director's direction results in automatic allotment of a default name beginning with "ORDNC" plus year, serial number and existing CIN, the Registrar entering the new name and issuing a fresh certificate of incorporation; pending e-form INC-24 prevents this automatic renaming unless subsequently rejected, and the renamed company must comply with statutory registration requirements and display the statement "Order of Regional Director Not Complied (under section 16 of the Companies Act, 2013)" wherever its name appears.
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