Yes. A registered mark can be cancelled on the grounds of: 

• Mark contradicts principles of moral and public policy
• Mark contains geographical indication
• Proprietary rights
• Breach of copyright
• Mark is functional, descriptive, misleading/disparaging/deceptive, and/or generic
• Mark is against rights of famous and notorious marks
• Mark uses protected flags, emblems and armorial bearings without permission from respected authorities
• Mark is against rights of registered designs, trade names or personal names
• Mark was registered in the name of the proprietor’s representative or agent