Trademark Registration in India, Process and 5 major benefits.
Trademark can be a logo, tagline, design, slogan, etc. A trademark defines the company and creates a perceptual reality in the mind of the customers.The Trademark defines your company, its product/services. It is one of the biggest asset one can have.
Trademark Registration process is a lengthy process which takes around 12-18 months to complete. It consists of 4 steps i.e Trademark application, Trademark objection, Trademark opposition and Trademark finalization
- Trademark Application.The applicant has to fill the trademark application form i.e "TM-A", before filling the form the applicant has to do trademark research to make sure that it's unique and not being registered by anyone else.
- Trademark objection.The Registrar of India then examines the application and checks whether the given trademark consists of any name/design which is against the law. If he does not find any mistakes, the trademark registrar passes the application.
- Trademark opposition.After the Registrar passes the application of trademark then it is kept on hold for 90-120 days, within that stipulated time any third party can raise an opposition regarding the trademark.
- Trademark Finalization.After there is no opposition or objection the trademark is then passed and written down at the Trademark journal of India.
As we all know Trademark Registration can be expensive at times if not done with the help of a professional Legal team. Some people think that trademark registration is not important and it's just a waste of money and time, but that's entirely wrong. Registering a Trademark give u various benefits.
Let's look at the top 5 benefits you can reap by Registering your Trademark.1. Full legal right over your Brand.2. No one can use your unique brand name, logo, tagline, etc.3. Gives you benefits in obtaining registration in some foreign countries.4. GIves you the right to use Trademark Symbol.5. A registered trademark can be used as a security to secure loan in the same way as immovable property can be bonded.
Thus Trademark Registration in India is very important as it protects your brand from being stolen or from being misused and thus saved your brand image/goodwill.