Get to know about benefits of trademark law
Trademark law and its Benefits With globalization and obligations under the TRIPS agreement, the Intellectual property (IP) rights were provisioned. These laws ensured safeguarding the legal rights for a person or business recognition of service marks, indefinite periodical renewal of registration, abolition of compulsory licensing of trademarks, etc. One of the important acts for intellectual property is the Trade Marks Act, 1999. The Trademark Law India intents to protect such individuals or business to encourage economic growth, innovation, economic besides ensuring ease in doing business. Individuals or group of individuals could procure legal rights for any brand, invention, design, or other kind of creation. Krida Legal a renowned legal firm known for years of expertise in safeguarding Rights of trademark holder in India elaborate that Section 135 of the Trade Marks Act also recognizes violation of infringement as well as passing off actions as well. Some of the other ar