How to Renew a Trademark? | Trademark Renewal Process in India | Full Guide with Swarit Advisors
Channel: Bada CFO
Date: 2021-12-02

In recent times, India has been evolving leaps and bounds as a major destination for the purpose of trade across the world. With a swift increase in business as well as commerce, the demand for #TrademarkRegistrationinIndia is escalating day by day. A #Trademark is a word, sign, symbol, or word registered or legalized for the appropriate representation of the specific products or services of a company or an entity.

The illegal or unauthorized use of a trademark that is registered furnishes the authority to the Company the right to take lawful action against Trademark Infringement. Trademark Registration is a notable feature for the Company. After the incorporation of the Company takes place, the Registration of Trademark of the concerned Company with the Registrar of Trademark must be accomplished. Trademark Registration belongs to the category of valid for a period of 10 years only.

Thus, the authorized Company must keep renewing the Trademark from time to time in order to retain the rights of the Trademark linked with the Trademark. If the Company fails to apply for the Renewal of Trademark, the Company can apply for Trademark Restoration.

#TrademarkRenewal aids in keeping a trademark permanent by merely filing an application with the directed fees. The application for the Trademark Renewal must get filed six months prior to its expiry date.
The #TrademarkRenewalProcess in India is required to commence at least six months prior to the expiration date of the Trademark Registration of the applicant. The Renewal of #TrademarkAssists the authorized owner of the registered Trademark to hold the Trademark perpetual and permanent.

Before moving to the #TrademarkRenewalProcedure and Documents, it’s important to understand how trademark renewal in India can turn out to be beneficial. 

What are the Key Benefits of Trademark Renewal in India?
Some key benefits of Trademark Renewal in India are-

Ownership Rights Enlargement
The applicant is empowered to avail shield against the Infringement of a Trademark. The Trademark Renewal in India elongates the exclusive rights of the approved owner over the registered Trademark for a time span of 10 years after each Trademark Renewal.

Protection from any Flighty Litigation
Trademark Renewal in India will be responsible for saving the possibility of any sort of frivolous Litigation on the sanctioned owners of the Trademark. The Renewal makes it difficult for any other soul to claim the rights on the Trademark other than the person who is the authorized owner of the Trademark.

Returns in the Sphere of Finance
In India, The real owner of a registered trademark has the exclusive right to assign or #license the Trademark to someone else. The Trademark assignment, as well as license of a Trademark, are furnished to someone else in return for some form of monetary compensation to the authorized owner of the Trademark that is registered. The owner can hence, make a specific amount of profit from the registered Trademark in India.

Brand Name's Security
The Trademark Renewal in India will ensure endless and unhindered protection to the name of the brand from the other competitors in the market. There will be a concrete loss of legal protection of the Brand Name if the time slab to file for the application of Renewal has lapsed.

Now, I will throw light on the procedure for trademark renewal in India. 

Procedure for Trademark Renewal in India
The Trademark Renewal in India can take place in two different ways-

Application for the Trademark Renewal in India with a good change in sign or words in the pre-existing registered Trademark.

Application for the Renewal without any change;

The procedure for Trademark Renewal in India starts with-

Filing of Application
In India, the application for Trademark Renewal is made in Form TM-12.
The application must be made by the actual owner of the registered Trademark or by a permitted/authorized agent of the owner.
Professionals help should be taken at the time of filing the Trademark Renewal application in India. The direction from the professionals will assure that the Trademark is very well protected.

Status Check of Application
After filing the application pertaining to Trademark Renewal, it is crucial to monitor the status of the filed application on a periodic basis till the Registrar of Trademark processes the same.
On a timely basis, the Trademark Renewal in India demands numerous time-bound responses as well as actions from the right applicant of the registered Trademark.
 
Learn more info - https://swaritadvisors.com/trademark-renewal

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