A trademark is a sign, symbol, word, or words registered or legalized for the use of representation of a company's product or services. Hence, any tamper or illegal use of this trademark by any other company it does not belong to, gives the authorized company the right to legal action making trademark of a company the most important feature of its existence.
Once a company is formed, it must register its trademark with the Registrar, which is valid for ten years only, as it has it own benefits.
Broadly there are trademarks can be categorized into two kinds the registered trademarks and the unregistered trademarks.
Also Read: How Do You Decide If You Need to Trademark Your Brand?
Despite the common law benefits that an unregistered trademark possesses, it is highly advisable to register the trademark to gain the legal benefits in case of any infringement or theft. A registered trademark gives the user or then owner the competitive edge and stands high chance of favor from the law.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
Want to know More ?