Trademark registration is not the only legal formality which you need to complete being a businessman or even a sole proprietor. Once you have registered your trademark, it needs to be renewed after a fixed interval of time. The renewal process is entirely different from the registration one and must not be confused with.
Controller General of Patents, Designs and Trademarks is the governing body for intellectual property in India and takes care of all the legal procedures related to it. Trademarks need to be renewed after every ten years or else you can lose the protection and rights it provides to the holder and his/her business.
A registered trademark in India is valid for 10 years. After that, trademark renewal is done to restore the protection and rights a trademark provides to the business. The failure of this can result in the expiry of your trademark which could turn out to be a significant loss for your business. It is necessary to preserve the rights that come with every trademark registration since it is an essential part of your business identity.
Once your trademark has completed its first ten years in the commercial market, it needs to be renewed. The renewal of the trademark is a step-by-step process and goes as follows –
There is often a lot of doubt about the complete process especially the time frame in which renewal is supposed to be done. People who are doing it for the first time can have many questions in their mind. These points which will help provide an answer.
The validity of a trademark marks its renewal and extends the protection it provides. This helps to maintain the brand name in the market and continue the benefits over the competitors. This process is also available online and is more convenient than submitting the form at the respective offices.