Lok Sabha nod to amended trademark law

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:54 AM IST

New Delhi, Dec 18 (PTI) A person seeking global trade mark now need not apply for it in several countries incurring a big cost, as Lok Sabha today amended the trade mark law to simplify the procedures.
   
The Trade Marks (Amendment) Bill 2009 for simplifying the trade marks registration procedure was passed after Minister of State for Commerce Jyotiraditya Scindia moved it for passage amidst a din over the Telangana issue.
   
The bill was adopted by voice vote with almost the entire opposition walking out protesting over the way in which it was being passed without a debate.
   
According to the Statement of Objects and Reasons of the bill, anyone seeking registration of a trade mark in different countries now has to make separate applications in different languages and pay different fees. The present law has no provision to facilitate Indian and foreign nationals to secure simultaneous protection of their trade marks in different countries.
   
The Madrid Protocol, which is a cost-effective system for international registration of trade marks, enables nationals of its member countries to obtain trade mark registration within 18 months by filing a single application with one fee and one language in their country of origin. This in turn is transmitted to other designated countries.
   
India's accession to the protocol entails changes in the law. For this, a new chapter was being included in it for protecting international registration of trade marks, according to the Statement of Objects and Reasons of the Bill.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 18 2009 | 4:54 PM IST

Next Story