Hi Pratik,
Yes, you should be able to retake the GMAT on January 10th. However, there's some question as to whether you should rush back in to retest or not. If you scored significantly lower than your goal score, then retesting so quickly likely won't give you the necessary time to hone your skills and actually score at a higher level (if you're not careful, you'll just end up treating the GMAT in the same way that you did before and scoring at the same level). Before we can figure out when would be the best time for you to retest, it would help if you could provide a bit more information on how you've been studying and your goals:
Studies:
1) How long have you studied?
2) What materials have you used?
3) How have you scored on each of your CATs (including the Quant and Verbal Scaled Scores)?
4) How have you scored on the Official GMAT (including the Quant and Verbal Scaled Scores)?
Goals:
5) What is your goal score?
6) When are you planning to apply to Business School?
7) What Schools are you planning to apply to?
GMAT assassins aren't born, they're made,
Rich