Essay On Trade Marks Law

1092 Words3 Pages

INTRODUCTION We are living in a “century of scientific knowledge and innovation”. The world’s leading nations in these times are those who create, innovate and exploit knowledge. Today the standing of a country in the comity of nations depends on its ability to transform knowledge into opportunity, wealth and social welfare through creativity and innovation. Trade and industry are becoming more knowledge driven than ever. Trade in raw and natural substances has given way to trade in high technology goods and services. Creative thinking and the ensuing sea of knowledge and innovation has brought about a complete transformation in the world we inhabit today. Due to globalization, the growth in trading and commercial practice, the need to encourage investment and technology transfer, the need to simplify and harmonise trade mark management systems and to give effect to important judicial decisions, the Trade and Merchandise Marks Act, 1958 has been replaced by the Trade Marks Act, 1999 together with the Trade Marks Rules 2003. The Act has undergone further changes to make trade mark prosecution and protection more efficient in the face of growing commercialization, communication and needs of corporate governance. The topic is selected by the researcher because of focal importance in the Trade Marks Law. The concept of well-known trade mark finds a place in the Trade and Merchandise Marks Act, 1958 in its Section 47 in the form of defensive registration of well-known trade marks, so as to prevent other trade marks which resemble the well-known trade marks, from getting registered. Thus in the Trade and Merchandise Marks Act,1958 the well-known trade marks could be defensively registered, so that despite their non-use, such registr... ... middle of paper ... ...known trade mark. It also analyses the provisions of Act which is mandatory on the part of Registrar for the determination of the well-known marks in India. Chapter-V examines the protection of well-known trade marks under the Trade and Merchandise Act, 1958 specially provision of defensive registration on relying on the various important judgments of the various court in this regard. Chapter-VI focuses on the protection given by the Trade Marks Act, 1999 and tries to analyse the recent trend of interpretation given by the courts to fill up the conflicting terminology use by the legislature under the sec 11(2) and 29(4). Chapter-VII assesses various implications of recognition and protection given to well-known trade marks. Chapter-VIII is the gist of wholistic study and it gives emphasis to various suggestions for the better protection of well-known trade marks.

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