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Trademark refers to any sign which is used by the businessmen to make sure that their products and services are differentiated from others of the same type. A Trademark can be any sign, design, expression, or even the manufacturer’s name in a stylized font. Basically, any type of written indentation which helps to distinguish the product from others like it and specify that the said product has been manufactured by a particular person or a company may serve as a Trademark.
A trademark can be assigned or handed over by a person to some other person legally. This is like passing over the possession and rights related to the trademark to that another person. This is termed as Trademark Assignment. The party which transfers the trademark to another is usually known as assignor. The party which receives the trademark from the assigning party is usually known as assignee. Both types of trademarks, namely, registered and unregistered can be assigned to another by the owner.
There are two types of assignment on the basis of goodwill of the trademark:
Assignment of a trademark means a transfer in the ownership of the trademark. After the trademark has been assigned to some another person, the receiver of the trademark becomes the proprietor of the trademark. He gets all the rights related to the trademark. When a registered trademark is assigned, such an assignment has to be recorded in the Register of Trademarks.
We at Companyvakil help you with the process of Trademark Assignment from Jaipur. Jaipur is an awesome and perfect place to shop the typical Rajasthani items. There are many famous markets or bazaars in the city which are famous for different items. The best place for purchasing Jaipuri items is the Bapu Bazaar, where you can find anything at a very reasonable cost. The next stop is the Nehru Bazaar where one can satisfy one’s desire to get the Jaipuri Jootis (Sandals). In addition to these, the Tripolia Bazaar is famous for its lac jewelry especially bangles.
The following are the reasons for which one can consider doing offline or online Trademark Assignment in Jaipur:
Unlocking of Value: The value of a brand or a trademark is ideally only on a paper and it does not have any practical value of its own. But by assignment of a trademark, the original owner of the trademark can unlock the actual value of the trademark.
The set procedure for the Trademark Assignment in Jaipur is as follows:
All the documents are required only in the scanned form. You can attach the document in the form after the payment or e-mail it to us on firstname.lastname@example.org. Feel free to get in touch for any query. Following documents need to be submitted:
Following are the advantages and benefits associated with trademark assignment in Jaipur. Both assignor and the assignee benefit from this act:
Trademark Assignment is a process through which the Ownership and Proprietary Rights of a Trademark is Transferred with or without the Goodwill of the business.
Complete Assignment is fully transferring of all the rights vested in a Trademark, even the right to further assign.
In Partial Assignment, there are some restrictions on the transfer of ownership i.e. certain rights are transferred and certain rights are restricted.
Yes, Trademark can’t be assigned if the ownership and Proprietary Rights are vested in more than 1 Person.
Yes, Trademark Registry gives an option of Jointly Owning a Trademark i.e. the Ownership and Proprietary Rights are jointly shared between all the Applicants of that Trademark.
Transmission of a trademark is the same as that of Assignment of Trademark.
When an assignment without goodwill is done, the owner restricts the rights of the buyer. In other words, the buyer cannot use the trademark for those goods for which the trademark is already being used by the owner.
Yes. Trademark Assignment in India without goodwill is legal in India and can be done subject to the instructions of the registrar.
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