{"id":16811,"date":"2020-11-27T12:58:11","date_gmt":"2020-11-27T07:28:11","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=16811"},"modified":"2023-03-18T17:35:19","modified_gmt":"2023-03-18T12:05:19","slug":"who-has-the-right-to-own-trademark-promoter-or-company","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/","title":{"rendered":"Who has the right to own Trademark: Promoter or Company?"},"content":{"rendered":"\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-6a3a7aa93950d\" 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-6a3a7aa93950d\"  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\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#Significance_of_Trademark_in_todays_era\" title=\"Significance of Trademark in today\u2019s era&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \">Significance of Trademark in today\u2019s era&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/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\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#Question_of_Ownership_of_the_Proposed_Trademark\" title=\"Question of Ownership of the Proposed Trademark&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\">Question of Ownership of the Proposed Trademark&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#When_does_the_question_of_ownership_arise\" title=\"When does the question of ownership arise?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\">When does the question of ownership arise?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/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\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#Ownership_of_the_Trademark_Company_or_Promoter\" title=\"Ownership of the Trademark: Company or Promoter?\">Ownership of the Trademark: Company or Promoter?<\/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\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#The_legal_status_of_the_company_and_its_promoter\" title=\"The legal status of the company and its promoter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\">The legal status of the company and its promoter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#What_if_the_Promoter_becomes_Owner_of_the_Trademark\" title=\"What if the Promoter becomes Owner of the Trademark?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\">What if the Promoter becomes Owner of the Trademark?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/learning\/who-has-the-right-to-own-trademark-promoter-or-company\/#Conclusion\" title=\"Conclusion:&nbsp;&nbsp;\">Conclusion:&nbsp;&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_of_Trademark_in_todays_era\"><\/span>Significance of Trademark in today\u2019s era&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-drop-cap\">In today\u2019s&nbsp;era&nbsp;of&nbsp;aggressive&nbsp;competition&nbsp;among the&nbsp;corporates, a Trademark registration is&nbsp;an&nbsp;indispensable&nbsp;necessity&nbsp;for a business entity rather than&nbsp;just&nbsp;being&nbsp;a perk.&nbsp;In fact, to&nbsp;apply for a trademark online is&nbsp;a sure-shot solution&nbsp;against all&nbsp;unwanted trade disputes or&nbsp;conflicts that&nbsp;may&nbsp;rise between&nbsp;two&nbsp;or more&nbsp;business competitors&nbsp;due to trademark infringement.&nbsp;&nbsp;<\/p>\n\n\n\n<p>It is&nbsp;today&nbsp;a universal&nbsp;truth that a unique and&nbsp;original&nbsp;Brand logo is the&nbsp;most&nbsp;precious&nbsp;intellectual property&nbsp;for any&nbsp;business.&nbsp;Businesses manage to grab the attention of their targeted clients swiftly through their&nbsp;Brand logo,&nbsp;which&nbsp;distinguishes&nbsp;their&nbsp;product or service from that&nbsp;of&nbsp;other competitors&nbsp;of&nbsp;the similar product line.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>With the passage of time,&nbsp;the business has become&nbsp;mazy&nbsp;like never before.&nbsp;Today&nbsp;we are living in the age&nbsp;of Globalization,&nbsp;where&nbsp;the&nbsp;market&nbsp;competition gets tougher&nbsp;with the&nbsp;business&nbsp;expansion.&nbsp;<\/p>\n\n\n\n<p>Many&nbsp;budding&nbsp;entrepreneurs in the market&nbsp;face&nbsp;tough competition from the&nbsp;well-established brands while establishing their client base.&nbsp;<\/p>\n\n\n\n<p>Here trademark plays&nbsp;a pivotal&nbsp;role of a&nbsp;strong marketing&nbsp;tool&nbsp;to establish and expand&nbsp;business&nbsp;clientele.&nbsp;Since the&nbsp;registered trademark&nbsp;provides&nbsp;a legal shield to protect&nbsp;the brand name from&nbsp;its&nbsp;misuse&nbsp;or&nbsp;replication, it&nbsp;provides a basis of all pecuniary benefits of a business.&nbsp;So, it is worth knowing who shall own a registered trademark.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Question_of_Ownership_of_the_Proposed_Trademark\"><\/span>Question of Ownership of the Proposed Trademark&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Indeed, the&nbsp;<strong><a href=\"https:\/\/swaritadvisors.com\/trademark-registration\" class=\"text-primary\">Trademark Registration<\/a><\/strong> is&nbsp;one of the&nbsp;most&nbsp;precious&nbsp;assets, i.e., intellectual&nbsp;property for&nbsp;a business&nbsp;entity.&nbsp;It takes considerable time to earn and grow&nbsp;the&nbsp;business&nbsp;brand name.&nbsp;Since a trademark serves as a basis of all the pecuniary benefits of a business, the major concern&nbsp;during&nbsp;filing&nbsp;of&nbsp;the trademark application is&nbsp;regarding&nbsp;the name of&nbsp;the&nbsp;applicant who&nbsp;shall claim the&nbsp;actual&nbsp;ownership of the&nbsp;applied&nbsp;trademark.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The&nbsp;obvious&nbsp;question&nbsp;that&nbsp;arises is-&nbsp;\u201cWho shall be attributed to the ownership of the proposed trademark?\u201d&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_does_the_question_of_ownership_arise\"><\/span>When does the question of ownership arise?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The question of&nbsp;ownership rights&nbsp;over the proposed trademark&nbsp;arises&nbsp;only&nbsp;when&nbsp;there&nbsp;is&nbsp;more than one&nbsp;person&nbsp;who&nbsp;are&nbsp;interested to&nbsp;develop brand&nbsp;equity. Often when&nbsp;there are&nbsp;integrated&nbsp;efforts&nbsp;behind the building of a brand name. This&nbsp;may&nbsp;result in conflicts&nbsp;over&nbsp;the ownership and&nbsp;credit for&nbsp;monetary gains&nbsp;arising from&nbsp;a&nbsp;trademark.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Hence, we will discuss in detail whether&nbsp;it is&nbsp;the&nbsp;company or its promoter who shall be attributed the&nbsp;ownership&nbsp;over the proposed trademark.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ownership_of_the_Trademark_Company_or_Promoter\"><\/span>Ownership of the Trademark: Company or Promoter?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/11\/Ownership-of-the-Trademark.png\" alt=\"Company or Promoter?\" class=\"wp-image-16814\" width=\"547\" height=\"241\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/11\/Ownership-of-the-Trademark.png 1000w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/11\/Ownership-of-the-Trademark-300x133.png 300w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/11\/Ownership-of-the-Trademark-768x339.png 768w\" sizes=\"(max-width: 547px) 100vw, 547px\" \/><\/figure><\/div>\n\n\n\n<p>As per the law, there is no single entity who has the sole right over a proposed trademark.&nbsp;<\/p>\n\n\n\n<p>There are 2 separate cases under which ownership of a trademark can&nbsp;be applied for:&nbsp;<\/p>\n\n\n\n<ul><li>Either&nbsp;the&nbsp;company can apply for a trademark online as&nbsp;the actual&nbsp;owner of the&nbsp;proposed&nbsp;trademark;&nbsp;or&nbsp;&nbsp;<\/li><li>The&nbsp;promoter&nbsp;(individual)&nbsp;can&nbsp;himself apply for a trademark online&nbsp;entering his name&nbsp;as the&nbsp;actual&nbsp;owner&nbsp;of the proposed trademark.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>Here, it&#8217;s important to note that the&nbsp;issue of&nbsp;ownership&nbsp;over the proposed trademark&nbsp;is purely a matter of&nbsp;mutual understanding&nbsp;among&nbsp;the promoters and the&nbsp;board of directors&nbsp;the company.&nbsp;&nbsp;<\/p>\n\n\n\n<p>However, the&nbsp;real&nbsp;question&nbsp;that&nbsp;arises&nbsp;is related to&nbsp;the&nbsp;legal implications&nbsp;that can arise&nbsp;in both the cases, after&nbsp;the trademark&nbsp;application has been filed.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Hence, we must first understand the legal status of the company and its promoter as per the <strong>Companies Act<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Companies_Act_2013\" class=\"text-primary\"><strong><em>[1]<\/em><\/strong><\/a><\/sup><\/strong>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_legal_status_of_the_company_and_its_promoter\"><\/span>The legal status of the company and its promoter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per the Companies Act 2013, a&nbsp;<strong><a href=\"https:\/\/swaritadvisors.com\/private-limited-company-registration\" class=\"text-primary\">Private Limited Company<\/a><\/strong> or&nbsp;a&nbsp;Limited Liability Partnership&nbsp;(LLP) is considered as a separate legal entity in the terms of the law.&nbsp;&nbsp;<\/p>\n\n\n\n<ul><li>Since a company or LLP&nbsp;enjoys separate&nbsp;legal status&nbsp;from its&nbsp;promoters,&nbsp;it can also&nbsp;claim&nbsp;the&nbsp;ownership of its&nbsp;assets&nbsp;in its own name.<\/li><li>There shall be no&nbsp;interference of&nbsp;the company\u2019s ownership&nbsp;rights by&nbsp;its&nbsp;promoters.&nbsp;&nbsp;<\/li><li>Nonetheless, the&nbsp;promoters&nbsp;tend&nbsp;to assert their&nbsp;highest interest for&nbsp;growing the brand&nbsp;name&nbsp;of the company or the LLP&nbsp;so&nbsp;concerned.&nbsp;&nbsp;<\/li><li>The company may, upon the mutual agreement with the promoters, choose to transfer the ownership of some of its assets to the promoters. This may include IPR and trademark as well.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_if_the_Promoter_becomes_Owner_of_the_Trademark\"><\/span>What if the Promoter becomes Owner of the Trademark?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In case the promoter is given the ownership over the proposed trademark, here are the legal implications involved:&nbsp;<\/p>\n\n\n\n<ul><li>The promoter whose name is filed as&nbsp;the&nbsp;applicant shall have&nbsp;the&nbsp;legal&nbsp;identity&nbsp;i.e. The&nbsp;nature&nbsp;of&nbsp;the business&nbsp;existence or arising out of&nbsp;the&nbsp;law.&nbsp;<\/li><li>The name of this promoter as an&nbsp;applicant&nbsp;shall be published on the&nbsp;trademark registry&nbsp;portal.&nbsp;<\/li><li>In case&nbsp;the&nbsp;proposed&nbsp;trademark is&nbsp;already&nbsp;owned by&nbsp;a&nbsp;3<sup>rd<\/sup>&nbsp;party&nbsp;or the promoter of&nbsp;the company, then the&nbsp;company&nbsp;will&nbsp;not&nbsp;be able to&nbsp;claim&nbsp;its&nbsp;ownership.&nbsp;In such a case, the company can\u2019t consider&nbsp;the trademark&nbsp;as its&nbsp;assets.&nbsp;As a result, it won\u2019t be able to claim the&nbsp;pecuniary&nbsp;benefits of&nbsp;the brand name so built.&nbsp;Hence, it is important to settle the ownership status well in advance.&nbsp;<\/li><li>The ownership of the trademark can only be validated through an&nbsp;agreement between&nbsp;the&nbsp;company and&nbsp;the promoter,&nbsp;allowing the&nbsp;promoter\/company&nbsp;to claim trademark&nbsp;ownership.<\/li><li>During the assignment or the sale of the trademark, if the&nbsp;trademark is owned by&nbsp;the promoter,&nbsp;an&nbsp;agreement&nbsp;has to&nbsp;be modified&nbsp;by adding&nbsp;the new&nbsp;3<sup>rd<\/sup>&nbsp;party. Otherwise, a&nbsp;new agreement&nbsp;has to&nbsp;be&nbsp;drafted.&nbsp;<\/li><li>Important:&nbsp;If a 3<sup>rd<\/sup>&nbsp;party&nbsp;or promoter is owning the trademark, he alone shall be&nbsp;held&nbsp;liable for&nbsp;all the&nbsp;legal&nbsp;implications&nbsp;with regard&nbsp;to the trademark application and its procedure. For all further procedures like trademark objection or opposition,&nbsp;the 3<sup>rd<\/sup>&nbsp;party or promoter shall be responsible for&nbsp;the legal proceedings.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion:&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To conclude we must say that the&nbsp;issue&nbsp;of ownership of the proposed&nbsp;trademark&nbsp;is entirely the matter&nbsp;of mutual agreement between the company and its promoters.&nbsp;Whosoever wishes&nbsp;to&nbsp;apply for a trademark online&nbsp;as the&nbsp;owner of the&nbsp;proposed&nbsp;trademark, shall&nbsp;be&nbsp;held&nbsp;accountable for all legal&nbsp;matters&nbsp;pertaining&nbsp;to&nbsp;the&nbsp;Brand Name, trademark&nbsp;objection or opposition&nbsp;or&nbsp;TM formality check.<\/p>\n\n\n\n<p>Anyone&nbsp;who&nbsp;claims&nbsp;trademark&nbsp;ownership&nbsp;will get&nbsp;automatically accountability for the&nbsp;risk of intellectual&nbsp;property.<\/p>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/rectification-of-trademark-in-india\/\">Rectification of Trademark in India: Its Concept and Procedure for Filing<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Significance of Trademark in today\u2019s era&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In today\u2019s&nbsp;era&nbsp;of&nbsp;aggressive&nbsp;competition&nbsp;among the&nbsp;corporates, a Trademark registration is&nbsp;an&nbsp;indispensable&nbsp;necessity&nbsp;for a business entity rather than&nbsp;just&nbsp;being&nbsp;a perk.&nbsp;In fact, to&nbsp;apply for a trademark online is&nbsp;a sure-shot solution&nbsp;against all&nbsp;unwanted trade disputes or&nbsp;conflicts that&nbsp;may&nbsp;rise between&nbsp;two&nbsp;or more&nbsp;business competitors&nbsp;due to trademark infringement.&nbsp;&nbsp; It is&nbsp;today&nbsp;a universal&nbsp;truth that a unique and&nbsp;original&nbsp;Brand logo is the&nbsp;most&nbsp;precious&nbsp;intellectual property&nbsp;for any&nbsp;business.&nbsp;Businesses manage to grab the [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":16815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[134],"tags":[961],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/16811"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=16811"}],"version-history":[{"count":19,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/16811\/revisions"}],"predecessor-version":[{"id":19107,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/16811\/revisions\/19107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/16815"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=16811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=16811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=16811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}