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    <title>Allotment of a new name to the existing company under section 16(3) of the Act</title>
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    <description>Failure to change name within three months after a Regional Director&#039;s direction results in automatic allotment of a default name beginning with &quot;ORDNC&quot; 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 &quot;Order of Regional Director Not Complied (under section 16 of the Companies Act, 2013)&quot; wherever its name appears.</description>
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