Benefits of Trademark Renewal
The renewal of a trademark is governed by the Trade Marks Act, 1999 and is handled by the Trademark Registry in India. A trademark can be renewed indefinitely every 10 years by filing the prescribed application and paying the renewal fee. This means that as long as the trademark is renewed on time, it can remain protected for a lifetime.
The renewal process can be initiated either before the expiry date or within a grace period after expiration. Generally, the application for renewal should be filed within six months before the expiry date. If missed, the trademark can still be renewed within six months after expiry by paying a late fee. However, if the renewal is not completed even within this grace period, the trademark may be removed from the register.
In such cases, the trademark can be restored by filing a restoration application within one year from the date of expiry. However, restoration involves additional procedures and costs, making timely renewal the most convenient and cost-effective option.
Trademark renewal is not just a legal formality but a strategic step in protecting the long-term value of a brand. It ensures that the business retains exclusive rights and continues to benefit from the reputation built over time.
Why Choose ICP Legal
Trademark registration revival is the procedure of extending the security of your Trademark beyond its initial registration period. It guarantees that your Trademark rights proceed to be in force.
Failing to revive your Trademark can lead to its termination, which means you mislay the privileged rights to use it. Others may then be able to use a related mark, and you could lose legal security.
Third parties or competitors may attempt to renew your mark to commit cheat. If they believe you've abandoned it. It's essential to stay watchful and protect your Trademark status.
Minor changes may be allowed during renewal, but crucial changes in the mark may require a new application.