Indian Trademark Act.
Trademark Act has made many things convenient for proprietor and the consumer of the goods. Trademark is protected under law. Trademark Act provides exclusive and monopoly right to the owner of the product. Trademark could be in the form of symbol, sign, word, mark or may be any combination. When any product or item comes into market then it contain some identification mark so that people could easily differentiate between two brands therefore we can say that every product has some trademark which is its identification mark to distinguish it from other products. Trade Mark is protected under law. Trademark is registered under The Trade Mark Act, 1999. This The Trademark Act, 1999 provides an exclusive right to the person to sell his goods under particular Trademark.
Indian Trademark Act
Trademark Act, 1999 have some distinguished features then Trade and Merchandisers Marks Act, 1958. According to Trademark Act, 1999 duration of registration has been extended to 10 years which was initially 7 years. Now registration procedure is much simpler and it includes registration of service marks and collective marks also. Prior to 1940 there was no such law of trademark, it started in 1940 only. Once the Trade and Merchandise Act, 1958 has been repealed since then The Trade Mark Act, 1999 is governed.
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