Company Compliances Made Easy and Fast
Company Compliances Made Easy and Fast
There are many advantages to renewing a trademark. Registration of the trademark awards the holder of the trademark many rights that are protected by law. It prevents the infringement of the trademark and also provide for restitution in case of such infringements.
It also allows the holder the right to transfer the trademark to another person or company at their will. Licensing of trademarks are only possible if the holder of the trademark is has registered the trademark, therefore a registered trademark holds immense monetary value.
How to renew a Trademark: A registered trademark is only valid for 10 years, after which it needs to be renewed. The registrar of trademarks will send you a letter of reminder of the expiry of the trademark 6 months prior to its expiry. When you are going to renew a trademark you have two options:
The application for the renewal of a trademark is the form TM-R.
The application does not need to be filed by the registered owner of the trademark, it can be done by an authorised representative or an agent.
After filing the application one has to follow the status of the application in case any opposition is filed to the registration of the trademark. Such opposition can be filed by any person of the public.
When the application is approved the trademark will be published in the official gazette the Trademark Journal.
If the trademark has been published then the owner of the trademark has protection for another ten years.
The trademark can be indefinitely renewed.
The price for the renewal of a trademark depends upon whether it has been one in-person physically or it has been done online.
For the renewal of a trademark, the following are required:
Restoration of Trademark
There can be times that a person forgets to renew their trademark in the given time period. No worries there is still an option available in such cases. In the case of failure to renew one can then try to restore a trademark. Restoration of a trademark is allowed by the Trademark Act, 1999 under Section25 (4) where it allows persons to apply for the restoration of the trademark.
Restoration can only be done within one year of the expiry of the registered trademark. Restoration of a trademark includes an additional fee over the renewal fee of:
You can find the whole pricing scheme for all the forms at the site of ipindia.gov.in.
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