As per Section 16 of Indian Companies Act 2013 rectification of name of a company can be done by completing the necessary formalities. Provisions in the Indian Companies Act 2013 regarding Rectification of Name of Company is as under.
(1) 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.