A trademark contributes significantly to the promotion of the items and offers details regarding their calibre. It permits a business to get individual rights for the use, distribution, or assignment of a mark. One way to accomplish this is by registering a trademark with the help of a trademark lawyer India. For entrepreneurs and business owners, India offers an extremely competitive market with a constant influx of new, identical brands and items. In this situation, safeguarding your brand becomes essential to stop others from abusing your name or reputation. Let’s talk about the value and necessity of trademark registration in India in this article.
What is a trademark?
A trademark is a name or emblem that you use to set your product apart from the products of competitors. The legal term for “intellectual property” is “trademark.” Another way to put it is that a trademark is usually a name, word, phrase, logo, symbol, picture, design, or a mix of these. A trademark serves to identify the owner of the brand of a specific good or service.
What is trademark registration?
The Trade Marks Act of 1999 established the legal process of trademark registration. You can safeguard your brand or logo by preventing others from using it by registering a trademark, often known as a logo or brand registration. If a business or individual in India wants to safeguard their logo from being misused by a third party, they must register their trademark. In the event of trademark infringement, registration would grant the legal authority to bring legal action against the infringing party. Additionally, the owner will have the sole right to use the trademark for its goods or services after it is registered.
Importance of Trademark Registration
- Proves to be a valuable asset
For your business or firm, a registered trademark could prove to be an invaluable asset. Over time, these assets continue to increase in value. Naturally, the value of your trademarks increases as your business expands. Consequently, the value of your trademark increases as your firm does.
- Protects your brand
A trademark registration proves that a brand, name, or logo is owned. It guards against any unauthorised usage of your brand by outside parties. The fact that the trademark is registered shows that you are the sole owner of the product and that you are free to use, sell, and alter the items or brand however you see fit.
- Helps in brand uniqueness
A distinctive and distinct brand needs to be registered since every company needs a logo or brand that stands out and sets them apart from competitors’ brands. Therefore, having your brand registered provides it a distinct identification.
- Effective communication tool
Indeed, trademarks have the potential to be a useful and simple tool for communication. They give an account of themselves. It is simple to determine which brand your goods belong to by looking up a registered trademark. For instance, you can instantly recognise the brand just by looking at its logo. In the same way, trademark logos are recognisable instantly as well.
- Easy for customers to find
The product is easier for customers to find when it is a registered trademark. Since it is a powerful instrument with a distinct identity, registered trademarks are easily traceable, making it simple for customers to find your product.
- Trademarks are forever
A trademark that has been registered can never expire. Any company that registers a trademark does so for eternity. Indeed, the trademark registration needs to be renewed ten years later. Still, the identity it bestowed upon the brand is enduring.Categories : Trademark Attorney
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