Trademark Law in India – Why It Is Important?

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On January 30, 2019, Myanmar’s Trademark Law, expected for a long time was enacted into law, which establishes the framework for the complete trademark registration system, open to both foreign and local trademark proprietors.

A trademark is a distinctive sign or indicator which is used by an individual or any entity to represent the goods and services manufactured and marketed by that party a Trademark may be anything from a word, symbol, letter, sound, smell or shape which distinguishes the goods and services covered under it from that of other third parties.In the commercial market, where a consumer has innumerable options and alternatives to choose any goods or services, a trademark acts as a tool to differentiate goods and services from different manufacturers or service providers.

Meaning thereby, a trademark helps consumers to identify a product or service as originating from a particular manufacturer or service provider among the competition that exists in the market.A trademark plays a pivotal role in retaining and maintaining existing consumer base, while attracting new consumers, and ensuring quality control in providing goods and services.

Thus, a trademark is an important aspect for recognition, growth & development of a business.

Therefore, protection of rights of trademark is of utmost importance for such businesses.This allows the trademark owner to protect and enforce their rights, thereby safeguarding their reputation and goodwill, and to prevent third parties from illegally trading upon the goodwill and reputation of the brand accrued over the years.ZeusIP houses a team of Expert Trademark Lawyers and Professionals advising clients on Trademark searches, Trademark pre-filing advises, Trademark Filing, Trademark Prosecution, Trademark Opposition and Trademark Infringement and Litigation throughout India.