In a country where millions of small and medium businesses started each year, it is very important to set a unique identity for your company as well as your products and services. By trademarking your brand, you protect the identity of your company or its products which are a result of your immense hard work and time. This is why trademark registration is important for your company.
In simple terms, a trademark defined as the identity of your product, service, or company that makes it unique. While the most common type of registration in India done for a logo or the name of the company. You can also get a slogan, photograph, sound, word, color combination, or even a smell trademarked in India. A registered trademark becomes an intellectual property for your business and therefore you can file a lawsuit for its misuse or infringement.
In India, all trademarks are registered under the Trademark Act, 1999. The office of Controller General of Patents, Designs, and Trademarks is responsible for its registration. This office falls under the purview of the Ministry of Industry and Commerce, Government of India.
WHAT ARE THE BENEFITS OF TRADEMARK REGISTRATION?
As said above, a trademark is your intellectual property and hence you must get it registered to make it legally acceptable. Here are some of the trademark registration benefits:
It gives you an exclusive right over the trademark.
It acts as an intangible asset for your business as it has monetary value.
A registered trademark gives you the right to use the ® sign along with your logo/product.
A lawsuit filed for infringement of your trademark.
It also differentiates your product from its similar counterparts.
It helps you build trust and goodwill and hence garner customer loyalty.
PROCEDURE OF TRADEMARK REGISTRATION IN INDIA
For trademark registration in India, you will need to follow the procedure given below:
Apply for trademark registration- The first step is to fill an application form. Secondly, submit it to the Registrar of Trademarks along with the necessary documents.
Wait for Scrutiny from the Registrar- After receiving your application, the Registrar of Trademarks will thoroughly examine your trademark application and the documents because to make sure that it meets all the requirements for approval.
Approval and Publishing in the Trademark Journal- After the Registrar Officer satisfied with your application and accepts your trademark. Then it will be published in the Trademark Journal which is for the public to check. A new trademark stays published for 4 months.
Final Registration- If, after 4 months of being published in the trademark journal, no one opposes your trademark, it will finally register under the Trademarks Act, 1999.