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Savitha Kesav Jagadeesan
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INTELLECTUAL PROPERTY LAW OVERVIEW
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Presentation dt 23.11.2017
1.
INTELLECTUAL PROPERTY SAVITHA KESAV
JAGADEESAN SENIOR PARTNER KOCHHAR & CO. © 2017 All Rights Reserved
2.
© 2017 All
Rights Reserved
3.
What is a
Trademark ? A trademark is a word, sign, symbol which distinguishes the goods and services of one party from another. © 2017 All Rights Reserved
4.
Examples of a
Trademark © 2017 All Rights Reserved
5.
WHY TO REGISTER
Helps to be identified Acts as a guarantee for the quality Mode of advertisement Easy recognition by the consumers © 2017 All Rights Reserved
6.
What cannot be
registered? cause confusion Hurt religious beliefs Scandalous or obscene Prohibited under Emblems and Names Act,1950 Exclusively of marks that serve in the trade © 2017 All Rights Reserved
7.
TYPES OF TRADEMARK ©
2017 All Rights Reserved
8.
Types of trademarks
Words, combination of words © 2017 All Rights Reserved
9.
Logo/signs/Symbols/Designs © 2017 All
Rights Reserved
10.
COMPOSITE MARK © 2017
All Rights Reserved
11.
PHRASES Yeh Dil
Maange More! SERVICE MARKS SHAPE MARKS © 2017 All Rights Reserved
12.
Collective marks
Well known marks © 2017 All Rights Reserved
13.
SOUND MARKS Britania Yahoos’
yodel sound Intels’ music Airtel Jingle SMELL MARKS Cookie man/ KFC’s whiff © 2017 All Rights Reserved
14.
Characteristics of a
Good Trademark 1. It must be a coined, invented word. For e.g. :- KODAK, XEROX. 2. Must not be a descriptive, laudatory or a dictionary word. Eg: -SMART TOWER, BEST BUY 3. Non-deceptive/Non-misleading. © 2017 All Rights Reserved
15.
PROCESSTRADEMARK REGISTRATION © 2017
All Rights Reserved
16.
Trademark indication symbols ©
2017 All Rights Reserved
17.
Trademark registration through Madrid
System – How does it work ? A trademark application vide FORM MM-2 shall be filed at the office of origin of the Contracting Party The office of origin verifies the international application. The International Bureau of the WIPO scrutinizes International applications © 2017 All Rights Reserved
18.
If any irregularity
is found, the International Bureau notifies the applicant. The applicant has to remove discrepancies within three months failing which the application is abandoned If no irregularities are found the Bureau WIPO registers the trademarks and transmits it to the designated party. © 2017 All Rights Reserved
19.
Contd.. Designated party makes
substantiative examination. In case provisional refusal is made, applicants will have to engaged local attorneys to overcome the objections. Incase of no objections, the mark directly gets published and registered. All post filing procedures such as oppositions, rectifications take place directly in the designated party country. © 2017 All Rights Reserved
20.
Fees The following fees
shall be payable and shall cover 10 yrs : Basic fee Handling Fee : 2000 INR Where no reproduction of the marks is in colour = 653 CHF = 43028 INR approx where any reproduction of the mark is in colour = 903 CHF = 59501 INR approx Supplementary fee for each class of goods and services beyond three classes = 100 CHF = 6589 INR approx © 2017 All Rights Reserved
21.
Fees- Contd… Complimentary
fee –100 CHF = 6589 INR approx Individual fee for each country. Fee for subsequent designation – 300 CHF- 19767 INR © 2017 All Rights Reserved
22.
SALIENT FEATURES Central
Attack : For a period of five years from the date of an international registration, if the initial basic national registration ceases to have effect, the international registration will no longer be protected. the registration resulting from that application ceases to have effect within that period. However international application can be converted into national/regional application. © 2017 All Rights Reserved
23.
If there is
no objection received by the applicant from the member countries within 18 months, it automatically gets registered in that nation. Provisional Refusal : © 2017 All Rights Reserved
24.
Madrid Protocol :
What it does to India ? Now foreign nationals can file a trademark application in India by designating India as a country of interest. Thereby the Indian Intellectual Property Office is required to complete the registration process within a span of 18 months © 2017 All Rights Reserved
25.
Advantages Simplification Single application
for trademark protect in numerous Madrid member Countries. Applicant can initially file in 2-3 countries and subsequently designate countries as and when they become members to the agreement. Single fee for trademark application in one language (English/French/Spanish) •.© 2017 All Rights Reserved
26.
There is
no waiting time for the grant of mark in each country. If there is no objection raised within 18 months, the grant is given Costs: • Local attorneys fees will totally be eliminated in case of NIL objections. • Increasingly cost effective as more and more countries are designated. • Legalization expenses and other documentation expectations can be avoided. © 2017 All Rights Reserved
27.
Contd… Simplified subsequent
management : one renewal, one change of address, assignments, etc for the designated countries International registration becomes independent of basic registration after 5 years. If the international applications lapses, the applicant can transfer his right into a national application, © 2017 All Rights Reserved
28.
Disadvantages : Over
dependency on home applications : The international application is largely dependant on base application. For eg: same mark, same class. Incase the home application is refused the international registration also ceases to have effect. © 2017 All Rights Reserved
29.
Contd… Rights of
transfer : The ability to transfer or sell an international registration is restricted to a certain extent. Loss of income for attorneys in case of no provisional refusals. Not all countries are members, at this moment only 94 countries are parties. Expensive in case of less number of designated parties. © 2017 All Rights Reserved
30.
ALIGNMENT OF IP
WITH BUSINESS STRATEGY © 2017 All Rights Reserved Understanding the overview of scope of IP in the different fields Determining the business strategy Identifying the required IP for the business Plan & research on the IP Capturing the IP
31.
Company name Trademark Domain Copyright (Artistic Work) IDENTIFYING YOUR INTELLECTUAL
PROPERTY © 2017 All Rights Reserved
32.
Product/Process/Technology Design Trade Secret Business
Method/ Advertisement Strategies/ Distribution Strategies Copyright Patent © 2017 All Rights Reserved
33.
If not look
for monetizing through licensing, assignment, franchising, etc. Worth Protecting ? Post identification of IP © 2017 All Rights Reserved
34.
Identification of existing
ip through ip audits An IP audit seeks to uncover unused or under‐utilized assets to enable business managers to devise informed business and IP strategies. An IP audit helps a business to make an inventory of its IP assets or update it and analyse: How the IP assets are used or unused. Whether the IP assets used by the business are owned by the company or by others. And finally determine, what actions are required to be taken with respect to each IP asset, or a portfolio of such assets, to serve the relevant business goals of the company. © 2017 All Rights Reserved
35.
MONETIZATION OF IP
Interlinking and inclusion of IP as part of company/ business strategy. Assignment of your trademark for a good consideration. License your trademark absolutely or subject to certain conditions. Authorize an other party to use your Trade name /Trademark by way of a Franchise agreement. Using the Company’s IP Portfolio as a leverage when seeking financial resources. © 2017 All Rights Reserved
36.
BEST PRACTICES Conduct
an IP Audit to identify potential IP . Prosecution of trademarks in India and abroad. Monitoringa the market diligently to ensure that the Company’s IP is not infringed. Ensuring trade secrets are kept confidential. Execution of non-disclosure, confidentiality Agreements with employees. Timely renewal of existing IP registrations. © 2017 All Rights Reserved
37.
THANK YOU!! Suite 305,
Delta Wing, 3rd Floor Raheja Towers,177, Anna Salai, Chennai-600002, INDIA Tel: +91 44 40405250,Fax: +91 44 40405260 E-mail: trademarks@chennai.kochhar.com © 2017 All Rights Reserved
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