Licensing of Trademark

Renewal of Trademark Registration

A trademark license, as the name suggests, is a mutual agreement between the licensor (the trademark owner) and the licensee (another party) on the usage of trademark in commerce. The ownership of the trademark however, is retained by the owner only in the licensing of trademark.

The licensing of trademarks plays a critical role in the manner goods and services are marketed, distributed and sold not only nationally but internationally as well.
Provisions provided to the licensor of trademark:
1- Licensor has the provision to keep a quality control check over the good or services produced or offered by the licensee.
2- Provisions to govern the tenure of the license agreement.
3- Provisions to govern the territory mentioned in the license.
4- Provisions may include the royalty rate that a licensee has to pay to the licensor in lieu of the use of the trademark.
5- SProvisions to record the license.
6- Provisions to govern the jurisdictions mentioned in the license.
7- Provisions to govern the exclusive rights to use the trademark by the licensee.

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NEWS

  • As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily required to file form DIR-3 KYC on or before 31st August,2018. While filing the form,the Unique Personal Mobile Number and Person

  • Forms MGT-7, AOC-4 and Additional Attachment are likely to be revised on MCA21 Company Forms Download page w.e.f 14th JULY 2018. Stakeholders are advised to check the latest version before filing.

  • DIR-3 KYC will be available on MCA21 Company Forms Download page w.e.f 14th July 2018 for filing purposes. Stakeholders are advised to plan accordingly.

  • MCA21 system will be intermittently unavailable from Saturday, 23rd June 2018 09.00 pm to Saturday, 23rd June 2018 11.00 pm IST due to maintenance activity. Stakeholders are requested to plan accordingly.

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