corporate law
Intellectual property rights encompass all rights linked to intangible assets held by individuals or organizations, safeguarded against unauthorized use. Intangible assets refer to non-physical properties, including ownership rights in intellectual property.
Trademarks play a fundamental role in safeguarding brands. A trademark refers to any identifier that enables consumers to recognize a product or its source. This typically includes words or names associated with goods or services, often termed as word marks.
In addition to words, trademarks can consist of sounds, colors, designs, or any attributes that make a product or its owner memorable to consumers. The most prevalent types of trademarks are:
Individuals or organizations seeking to protect their products or services can apply for trademark registration. The application must specify the trademark and include the name and address of the applicant alongside details of any agents or the Power of Attorney.
In India, the following entities are eligible to register trademarks:
A trademark agent or attorney is a qualified legal professional who provides guidance on all legal aspects of trademark filing, registration, and opposition. To become a trademark agent, candidates must pass the Trademark Agent Exam conducted by the Trademarks Registry.
Additionally, advocates enrolled under the Advocates Act and qualified Company Secretaries are permitted to represent clients before the Indian Trademarks Registry for trademark registration and related matters.
To obtain a trademark agent code, applicants must submit Form TM-G on the Trademark website (ipindia.gov.in) and pay a fee of Rs. 4500. This code must be renewed every five years.
The steps for trademark registration include:
To initiate the registration process, the following documents are typically required:
After submitting the application online and receiving its approval, the applicant will obtain an acknowledgment, allowing them to use the Trademark™ symbol next to their brand name. The registrar will check for similarity with existing trademarks. Should there be no opposition within four months of the publication of the trademark in the Indian Trade Mark Journal, the registration will proceed, and upon receiving the registration certificate, the trademark holder may use the Registered® symbol.
A registered trademark remains valid for up to 10 years, after which it must be renewed. The renewal process can be initiated up to one year before the trademark expires.
In the event of a trademark application rejection, applicants have the right to a hearing where they can present their case and supporting documents, potentially leading to approval.
Trademark objections may arise on the following grounds:
The advantages of securing a trademark include: