Market Aspects Related to Trademark Filing

by Enterslice ITES Pvt. Ltd. Start and Manage Business

With the economic growth the demand for trademark registration is also growing. It is very important for all corporate owners be it businessman or individual entrepreneur, to protect your company as it is directly linked to your company’s success. The basic motto is to protect your business against fraudulent cases, competition etc.

Foreign and Indian entities in different sectors are going for their brand protection in India. According to the research, in the last few decade medical and Pharmaceuticals Company were large in number for opting brand protection.

So in order to distinguish your business from others you need to opt for trademark filing process available at https://ipindiaonline.gov.in/trademarkefiling/user/frmLoginNew.aspx but it is valid for 10 years.

So here comes the need of its Renewal. To enjoy the brand protection, trademark can be renewed 6 months prior to the date of expiry. However, in case the owner fails to renew before its expiry, government has granted the relaxation for renewal after expiry within 12 months along with fine.

What are the benefits for getting trademark renewal?

It gives legal protection to your business so that you can distinguish your business with others
Protecting the consumers from deceptive/misleading information regarding the goods/services
Improving the quality of operations, business models in all sectors within government, entrepreneurial, and private institutions
Creating the customers confidence and attraction
Protecting your business reputation by deterring someone else from using it without your permission.

What is the process of Renewal of trademark?

Application for the renewal in Form TM-R to be filed along with Certificate of Registration, Power of attorney, ID and address of applicant and a copy of trademark Registration form and fess segregated in the following manner:

Physical filing fees- 10,000

E- Filing- 9000

After filing of an application for renewal the status of an application needs to be regularly checked by the applicant
Trademark examiner reviews the quality of trademark before it is finally renewed.
After the completion of this process, certificate of renewal is issued and you can enjoy your brand protection for another 10 years.