{"id":17973,"date":"2020-10-15T14:43:32","date_gmt":"2020-10-15T09:13:32","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=17973"},"modified":"2024-08-22T12:26:34","modified_gmt":"2024-08-22T06:56:34","slug":"trademark-owned-by-company-or-assigned-to-company","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/trademark-owned-by-company-or-assigned-to-company\/","title":{"rendered":"What is meant by Trademark owned by company or assigned to company?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The Trademark gets registered under the <em><strong>Trademark Act, 1999<\/strong><\/em>, after checking the availability of the unique name. One can apply for a Trademark under the different classes by which the activities and product of a company falls or their businesses are related thereto. An application must be made online. Any person can apply for a brand name being unique to the name of a Company, which later after being registered will be known as the Trademark owned by Company. Along with which, one must file separate applications for a name of products by which the product or services of a company are marketed and known in market.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><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><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/trademark-owned-by-company-or-assigned-to-company\/#Documents_Required_for_Company_Trademark_Registration\" >Documents Required for Company 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:\/\/corpbiz.io\/learning\/trademark-owned-by-company-or-assigned-to-company\/#Trademark_owned_By_Company\" >Trademark owned By Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/trademark-owned-by-company-or-assigned-to-company\/#Trademark_owned_by_Individual_can_assigned_To_Company\" >Trademark owned by Individual, can assigned To Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/trademark-owned-by-company-or-assigned-to-company\/#Application_made_under_Numerous_Classes\" >Application made under Numerous Classes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/trademark-owned-by-company-or-assigned-to-company\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_for_Company_Trademark_Registration\"><\/span>Documents Required for Company Trademark Registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>The documents which are required to be submitted to Registry by a company as an applicant are mentioned below:-<\/strong><\/em><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"603\" height=\"397\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-54.png\" alt=\"Company Trademark Registration\" class=\"wp-image-17974\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-54.png 603w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-54-300x198.png 300w\" sizes=\"(max-width: 603px) 100vw, 603px\" \/><\/figure><\/div>\n\n\n<p>The Fees of Government for making an application by a company is Rs 9,000. However, if the company is willing to claim the rebate of 50% on Government Fees, then the same can be possible by a way of providing a Registration Certificate under Start-up India Scheme or <em><strong>MSME Act<\/strong><\/em><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Ministry_of_Micro,_Small_and_Medium_Enterprises\"><em><strong>[1]<\/strong><\/em><\/a><\/sup>. Hence, if a company visualize its expansion in the near future, then a Company may directly apply for Trademark Registration considering its advantages as it must always considered as a valuable asset for a company.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/document-required-for-trademark-registration-online\/\">An Overview on Document Required for Trademark Registration<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trademark_owned_By_Company\"><\/span>Trademark owned By Company <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An application can be made before Incorporation of company\nin a name of any of the promoters. A Trademark must be transferred by way of\nassignment to the company after its Incorporation. The company can adopt the\ntrademark in the same by way by passing a resolution for entering into\nagreement with the Promoters or Director with respect to IP Assets held by\nthem. This whole process covers few applications, affidavits and Declaration that\nhas to be submitted before the Registry for successful transfer of a Trademark\nto the Company.<\/p>\n\n\n\n<p>In case if a company is engaged into more than one product with different names or in case with the same name but falling under the different classes, then it is advisable to protect the products under all the classes to claim the benefits for all the products and to secure their right to use. The Trademark is the valuable asset for any of a Company. A company can gain considerable advantages and profit having this intangible asset.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/corpbiz.io\/trademark-search\" title=\"Search trademark online \">Searches of trademark <\/a> for your business today!<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trademark_owned_by_Individual_can_assigned_To_Company\"><\/span>Trademark owned by Individual, can assigned To Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The trademark is applied in name of individual other than company; he must require providing supporting proof of right to use the name. An agreement can be made for usage of trademark by company and promoter or third party can be executed. At the time of <a href=\"https:\/\/corpbiz.io\/trademark-registration\"><strong>trademark registration<\/strong><\/a> process examination and hearing can be made at different stages during which the Registry might ask the applicant to provide proof to support the application. At given time, normally the invoices, accounts, etc. are requested. Hence, the proof containing owner\u2019s name and brand name must require to be furnished. <\/p>\n\n\n\n<p>In case if a company is making an application in its own\nname, a proof in company name will be necessary to be presented on demand.\nThus, an application for trademark, the applicant must keep in mind to make\navailable considerable proof on demand by the registry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Application_made_under_Numerous_Classes\"><\/span>Application made under Numerous Classes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If a company deals in more than one product or activities,\nit can be more beneficial to file an application under all the mandatory\napplicable classes as it gives the protection to all related products and\nactivities. This is important as the reason behind that a competitor will apply\nfor the same or deceptive name which may affect the business negatively.<\/p>\n\n\n\n<p>For example, a company who is engaged in manufacturing &amp;\nonline trading of leather bags has the capability to attract minimum of two classes.\nClass 18 will cover manufacturing whereas class 35 will cover online trading.\nIn case the product gets protection under class 18 while only considering the protection\nto manufacturing, then an online trading can be missed. The competitor will use\nsame brand name for online trading as the activity of \u201conline trading\u201d is not\ncovered by class 18. Hence, the value created by brand name can benefit the\ncompetitor and hence once he obtains the rights on a brand name, he can confine\nthe other company from using the online trading. Therefore, an application\nunder both applicable classes is necessary for a company to secure its brand\nname and its value.<\/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 application of trademark registration is a crucial step where each element is decided after considering the situational facts and provisions of law. The trademark can be assigned to a company is said as trademark owned by company. <a href=\"https:\/\/corpbiz.io\/\"><strong>Corpbiz<\/strong><\/a> helps in maintaining the expenses made on registration and also advises the business entity to gain considerable advantages and profit. Trademark or Brand name always proven to be a valuable assets for the company. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/trade-description-in-trademark-registration-in-india\/\">What is Trade Description in Trademark Registration in India<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trademark gets registered under the Trademark Act, 1999, after checking the availability of the unique name. One can apply for a Trademark under the different classes by which the activities and product of a company falls or their businesses are related thereto. An application must be made online. Any person can apply for a [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":17988,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[1110],"acf":{"service_id":"18"},"authorName":"Soumya Bajpai","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/01\/0.jpg","authorDescription":"Soumya has done LLB (Hons) and has a 2+years experience in writing. Her main interest is in reading judgments, new enactments and amendments taking around in law. She always strives to bring the best to work that she does.","postViews":4919,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/17973"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=17973"}],"version-history":[{"count":13,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/17973\/revisions"}],"predecessor-version":[{"id":65880,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/17973\/revisions\/65880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/17988"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=17973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=17973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=17973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}