{"id":4277,"date":"2021-04-22T06:23:06","date_gmt":"2021-04-22T06:23:06","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=4277"},"modified":"2021-04-22T06:23:08","modified_gmt":"2021-04-22T06:23:08","slug":"trademark-owned-by-a-promoter-or-company","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/trademark-owned-by-a-promoter-or-company\/","title":{"rendered":"Among Trademark owned by a Promoter or Company, Which One is Better?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">A company can apply for Trademark Registration as the owner of the Trademark owned by a Promoter. The proprietorship can be decided by a common understanding between the management and the promoters of the company. Therefore, a question arises as that which one is better in between a Trademark owned by a promoter or a company. The Trademark owned by a company is far better than the Trademark owned by the promoter to build the company&#8217;s brand name. In this blog, we are going to discuss the importance of a Trademark owned by a Promoter or company.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3ac6bf66716\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3ac6bf66716\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/trademark-owned-by-a-promoter-or-company\/#Importance_of_Trademark_Registration\" title=\"Importance of Trademark Registration\">Importance of Trademark Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/trademark-owned-by-a-promoter-or-company\/#An_Overview_of_a_Trademark_Owned_by_a_Promoter\" title=\"An Overview of a Trademark Owned by a Promoter\">An Overview of a Trademark Owned by a Promoter<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/trademark-owned-by-a-promoter-or-company\/#Significance_of_Trademark_Owned_by_a_Promoter\" title=\"Significance of Trademark Owned by a Promoter\">Significance of Trademark Owned by a Promoter<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/trademark-owned-by-a-promoter-or-company\/#Which_is_more_advantageous_as_Trademark_owned_by_a_Promoter_or_Company\" title=\"Which is more advantageous as Trademark owned by a Promoter or Company?\">Which is more advantageous as Trademark owned by a Promoter or Company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/blog\/trademark-owned-by-a-promoter-or-company\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Importance_of_Trademark_Registration\"><\/span>Importance of Trademark Registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A\nregistered Trademark safeguards your brand or logo and offers you the tools to\nprevent someone from riding on your business back. Trademark is capable of\ndifferentiating the products and services of an individual or company from\nothers in the market and consists of the shape of goods, their packaging,\nlabelling, and a combination of colours. Following is the importance of\nTrademark Registration:<\/p>\n\n\n\n<ol><li><strong><em>Brand Protection:<\/em><\/strong> A\nregistered Trademark begins ownership over the brand, logo, or name. It\nsafeguards your logo or brand from any Trademark Infringement by any\nunauthorized person or any third party.<\/li><li><strong><em>Easy for Customer to Recognize:<\/em><\/strong> A\nregistered brand name makes it very easy and simple for customers to recognize\nthe product. As it is an effective instrument and unique in its identity, the\nregistered Trademarks can be easily noticeable, and customers may reach your\nproduct effortlessly.<\/li><li><strong><em>Provides Individuality to Brand:<\/em><\/strong> A\nbrand that is distinct and unique should be registered as every company or\nbusiness requires a logo or brand that stands out, which distinguishes your\nbrand from others in the market. Therefore, a registered Trademark provides a\ndistinct identity to your brand.<\/li><li><strong><em>Valuable Assets:<\/em><\/strong> A\nregistered Trademark may prove to be a valuable asset for your business or\ncompany. Such assets keep on growing over time. As your business escalating\nover time, the value of Trademarks gets increased.<\/li><li><strong><em>Easy Communication Tool: <\/em><\/strong>Trademarks\nare an effective and easy communication tool. A registered Trademark can be\neasily recognized which brand your product belongs to.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_Overview_of_a_Trademark_Owned_by_a_Promoter\"><\/span>An Overview of a Trademark Owned by a Promoter<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The promoters of a proposed company can apply for <strong><a href=\"https:\/\/swaritadvisors.com\/trademark-registration\">Trademark Registration<\/a><\/strong> in its name. One cannot file a Trademark application in the company&#8217;s name, which is only in the form of the proposed company. But, once the Trademark Registration is done, the applicant can assign the rights for using the Trademark in the company&#8217;s name for the business drive.<\/p>\n\n\n\n<p>Also, remember that an application for Trademark Registration is made to register the brand name; hence the similar name can be approved by the <strong>Ministry of Corporate Affairs<\/strong><sup><a href=\"https:\/\/www.mca.gov.in\/\"><strong>[1]<\/strong><\/a><\/sup> (MCA) without any hurdle for a designated Private Limited Company. Therefore, one can count this as the huge benefit of Trademark Registration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_of_Trademark_Owned_by_a_Promoter\"><\/span>Significance of Trademark Owned by a Promoter<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once the registration of the Trademark is done, the rights can be assigned by a company&#8217;s owner for the Trademark usage for the purpose of business. An application of a Trademark proves to be a huge support for name approval for a <strong><a href=\"https:\/\/swaritadvisors.com\/private-limited-company-registration\">Company Registration<\/a><\/strong>. Hence, it becomes an essential advantage of Trademark Registration before registering a company. Otherwise, protecting the brand name from opponents and threats, the Trademark owned by the promoter will be beneficial for the upcoming forming company.<\/p>\n\n\n\n<p>Promoters\nget secure by Trademark Registration, as no other individual can make any\nunauthorized usage of Trademark. Once the Trademark is applied for an entity or\na company, it can begin to add for \u2122 or \u00ae symbol, which is a Trademark symbol\nof ownership for all the customers and competitors who wish to approach a\ncompany. Further, the company already registered can receive the Trademark in\nits own name on the Goodwill earned and will also get the safety against\nviolation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_is_more_advantageous_as_Trademark_owned_by_a_Promoter_or_Company\"><\/span>Which is more advantageous as Trademark owned by a Promoter or Company?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If\nproprietorship rights are held by an individual other than a company or LLP\n(Limited Liability Partnership), in whose name products or services covered\nunder a particular Trademark class is dealt, the third party will not be able\nto show any documental evidence in own name. It has been existing in the name\nof the company and not in the promoter&#8217;s name or other parties. Therefore, all\nthe Goodwill built at the time of application and can be claimed by the company\nonly.<\/p>\n\n\n\n<p>While\ngiving the documents at the time of the hearing or another stage of the\nTrademark application, in lack of documentation evidence in the name of the\nthird party may lead to cease an application for Trademark from the further\nprocedure, the Trademark applied can get abandon status. But, an agreement of a\nthird party or a promoter with the company will be able to correct the issue\nraised.<\/p>\n\n\n\n<p>The\nTrademark is a valuable asset for the company or an individual putting efforts\nto create the brand name. The primary concern for filing an application for\nTrademark Registration is the applicant\u2019s name in whose ownership name will lie\nof the proposed Trademark. However, the combined efforts of a group of\nindividuals may have a problem issue regarding the ownership and financial\nbenefit out of a Trademark.<\/p>\n\n\n\n<p>A\nLimited Liability Partnership (LLP) or a company enjoys an individual existence\nfrom its owners, and hence it will also grip assets in its name without the\ninterference of rights by the promoters or owners. The promoters hold the\nuppermost beneficial interest for creating a brand of the concerned LLP or\ncompany.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Trademark owner will hold responsible for any issue regarding the Procedure of Trademark registration, Trade name, or other allied matter. When one claims for a proprietorship, the property risk also passes with it. If you face any problems at the time of Trademark Registration, then you can hire an expert who will assist you.<\/p>\n\n\n\n<p><strong>Also, Read:<\/strong> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/trademark-registration-for-partnership-firms-in-india\/\">A Complete Guide on Trademark Registration for Partnership Firms in India<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A company can apply for Trademark Registration as the owner of the Trademark owned by a Promoter. The proprietorship can be decided by a common understanding between the management and the promoters of the company. Therefore, a question arises as that which one is better in between a Trademark owned by a promoter or a [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[72],"tags":[592],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/4277"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=4277"}],"version-history":[{"count":5,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/4277\/revisions"}],"predecessor-version":[{"id":4284,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/4277\/revisions\/4284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/4278"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=4277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=4277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=4277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}