Noida is a planned city in India’s northern state of Uttar Pradesh and is also known as a satellite city. Noida is attracting large interest from young professionals from IT/ITeS sector, especially BPOs. These young professionals are making Noida, the highest income tax paying district in UP. Noida has also become a hub for software and mobile app development companies like HCL, Samsung, Barclay’s, Agilent. Therefore, the scope of setting up a business can turn out to be quite beneficial as well as profitable. When it comes to business, whether new or existing, trademark registration plays an important role in protection of your brand identity.
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, 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 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 provides protection to the owner of the mark by ensuring the exclusive right to use it or to authorize another person/entity to use the same 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