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IP or Intellectual properties like patents and trademarks are territorial rights. And when a foreign brand wants to open a shop in India to utilize the huge buying capability of the massive population, they have to register for their IP rights. The leading Indian mobile manufacturer, Micromax, is the 1.25 millionth company filing a trademark international under the Madrid Protocol for its trademark "MICROMAX." It can now sell its indigenous mobile phones to over 124 countries with entire protection for its trademark. <br>Read More: https://www.obhanandassociates.com/blog/what-is-madrid-protocol/<br>
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Simple steps for filing a trademark international IP or Intellectual properties like patents and trademarks are territorial rights. And when a foreign brand wants to open a shop in India to utilize the huge buying capability of the massive population, they have to register for their IP rights. The leading Indian mobile manufacturer, Micromax, is the 1.25 millionth company filing a trademark international under the Madrid Protocol for its trademark "MICROMAX." It can now sell its indigenous mobile phones to over 124 countries with entire protection for its trademark. This article will discuss patent licensing in India and getting an international trademark, if not one by the Madrid Protocol by the best and most experienced companies. What is a patent licensing in India? Being the world's knowledge capital, India invents many new products and processes for people's better living. They get patents for such products or processes to have exclusive rights for using them. Patent licensing in India authorizes third parties to pay a royalty for using their patented products or processes to enjoy its benefits. There are many types of patent licenses in India. Therefore, it is pertinent for both parties to choose the right patent license and write the agreement with utmost care regarding profit sharing and royalty. The Indian Patents Act 1970, known as Patents Act, governs the licensing of patents in India. Section 68 confirms that the patent license becomes valid only if a written license agreement. And the licensing agreement should follow Sections 10 and 11 of the Patent Act. Section 69 of the Act requires the licensee to register with the Controller of Patents, like the foreign company starting a business in India. The process of filing a trademark international It is best to file a trademark internationally to avoid registering trademarks in many countries to start a business there. It provides entire protection for the trademark rights as over 100 members of various countries and areas abide by the protocol. Also, Madrid Protocol provides an accessible route for trademark protection in the international domain easy, fast, and cost-effective. The following are the steps to do it.
•Apply to the Indian trademark registration website, which is accessible at •www.ipindia.gov.in •After checking the applicant's authenticity, the holder of the basic mark will identify the products and services covered by the basic mark. •Upon verification, it is sent to the WIPO of the World Intellectual Property Organization, headquartered in Geneva, Switzerland. •After formal examination of the application for checking that all its requirements are met, the trademark gets recorded in the international register to publish in the WIPO Gazette of International Marks. •WIPO notifies all the IP offices in the territories for doing business, and if no objection is filed within one to one and half years, the trademark gets registered to have value for the next ten years The above facts steps will surely help anyone filing a trademark international with the help of expert services to prevent wrong use of the trademarked products to reduce revenue. --CONTACT INFORMATION-- Visit Website: https://www.obhanandassociates.com/ Mail Us: email@obhans.com Mobile Number: + 91 1140200200 Address: N - 94, Second Floor, Panchshila Park, Block N, New Delhi, India