Trademark Assignment
Legal

Trademark Assignment

According to Trademarks Act, 1999 “trademark”, is a mark which can be represented in a graphical form and which is capable of distinguishing the goods or services of one person from those of others and may include the shape of goods, their packaging, and the combination of colours.

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All about Leave and License Agreements
Legal

All about Leave and License Agreements

A license is a personal right of a person which is granted to do something upon immovable property of the grantor (an individual who conveys or transfers ownership of property) and does not amount to the creation of interest in that property. It is a permissive right and is personal to the guarantee (an individual to whom a transfer or conveyance of property is made). This agreement does not create any duty and obligation upon the persons making such grant and is, therefore revocable except in certain circumstances expressly provided in the Indian Easement Act, 1882.

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What are Franchise Agreements?
Legal

What are Franchise Agreements?

A franchise agreement is one through which a Franchisor, the owner of a business model, provides his business model and his brand name to a Franchisee for use. The terms and conditions of the usage of the franchisor’s business model and his brand name by the franchisee are clearly and precisely laid down in a franchise agreement so as to avoid any and all ambiguity that may arise. A franchise agreement ensures that both the franchisor and the franchisee are aware of all the conditions of the contract and agree to the same.

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Trademark Licensing and its Essentials
Legal

Trademark Licensing and its Essentials

Trademark licensing is when a person who is the owner of the Trademark authorizes a third party to use his mark in the course of trade with regards to royalty over the sale of products or services that are licensed under the trademark. In other words, when the owner of the trademark allows the usage of the mark by others without transferring the ownership, it is trademark licensing.

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what is Patent Assignment Deed and its Advantages
Legal

what is Patent Assignment Deed and its Advantages

It’s an agreement between Assignor and Assignee which explains the rights and conditions related to patent assigned property which means intellectual property of Assignor who is holding monopoly power towards that property. Under Indian law, its mandatory to register Patent Assignment Deed under Section 68 of the Patents Act, 1970 which giving Assignee absolute rights from date of execution of deed.

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What is Trademark Licensing?
Legal

What is Trademark Licensing?

A trademark is a word, name, symbol which is associated with some goods and services. The purpose of providing symbol of trademark is to distinguish the product of one industry from another. A trademark not only gives the owner exclusive right to use mark but allows the owner to prevent the other to use the similar mark which may lead to a confusion among the general public. A trademark in India is governed by Trademark Act, 1999 and Trademark Rules, 2017.

Continue Reading about 6 years ago