Agra is a small city in Uttar Pradesh located along the banks of the river Yamuna. Although famous for its monuments, Agra also has quite a vast industrial base. It is the second most self-employed city in India. Agra, also ranked fifth on both the financial penetration index, which measures things like the presence of ATMs and bank branches and on the consumption index, indicating the city’s transformation into an urban town. Agra being an economically developing city can be a good choice for setting up a business. When it comes to business, it becomes important to point out the essentiality of trademark registration of your new or existing business.
Intellectual Property Rights are a very important asset class for any business, startup, or enterprise. Developing and protecting intellectual property such as Trademark, Patent, Designs, and Geographical Indication (GI) with proper registration can help them to gain a competitive advantage. It is essential to obtain trademark registration for the business name/trade name under the Trademarks Act 1999. Registration of a company or business in India does not by itself give protection for your name/brand name against others who might start using identical or similar marks.
A trademark (also known as a brand name) may be a name, signature, word, letter, numeral, symbol, logo, device, packaging labels, tagline, the shape of goods, or any combination thereof to distinguish it from other similar goods or services originating from another seller. It is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise.
A trademark protects the owner of the mark by ensuring the exclusive right to use it or grants another person/entity the right to use it in exchange for an agreed consideration.
Who can file an application for Trademark Registration?
- An Individual Person
- Joint Owners
- Proprietorship Firm
- Partnership Firm
- Limited Liability Partnership
- Indian or Foreign Companies
- Trust, Society, NGO’s
- Banks, Insurance Company, Financial Institution, Stock Market Intermediaries
- Government Ministries, Departments, and Agencies
- Schools, Colleges, Institutions and Universities