Intangible Asset
TradeMark is an identifiable intengible property in the legal sense. After registration, it can be hypothecated as security for a bank loan or can be licensed or transferred against any fees or compensation.
Unique Identity
TradeMark registration creates unique identity & brings publicity for the Business; as it gets published at trademark website and trademark journal. Business also get natural preference over unregistered trademarks.
Global Registration
TradeMark is not a global right, it's territorial in nature. If we get it registered in India, it shall provides protection & right not only in India but shall also help to register same trademark in any other country.
Exclusive Right
TradeMark gives right of exclusive use to owner in respect of specific catagory of goods or services covered. Owner of the mark can use the mark for himself, give use licence to others & also can sell the mark as per will.
Protection
TradeMark protects the owner from infringement and gives absolute control over use of brand. Owner can also prevent unauthorized usage or duplicacy by serving infringement notice and involving due legal process.
Secured Name
Owner of the applied/registered trademark stands better chance to get early name approval from "Ministry of company affaires" or other Name Registrars. It also secures the same name registration by someone else.
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