In the 21st century, with rapid globalization and liberalization of economies around the world, "intellectual capital" has become a major driver of prosperity in international trade between nations. Whether in the form of new laws or court rulings, Intellectual Property Rights has become an irreplaceable part of the Indian economy. India's acceptance of the WTO (World Trade Organization) agreements has paved the way for it to comply with the TRIPS (Trade Related Aspects of Intellectual Property Rights) agreement. This article examines the intellectual property laws in India with a special focus on the changes brought about by TRIPS.

A trademark is a unique symbol that distinguishes one brand from another and is considered essential to protect brands from illegal counterfeiting. The TRIPS Agreement on trademark protection includes protection of distinctive marks, recognition of service marks, indefinite periodic renewal of registrations, abolition of compulsory licensing of trademarks, etc. In view of the enactment of the newly enacted legislation, the Indian Trade and Trademarks Act, 1958 was repealed to pave the way for the Trademarks Act, 1999. The newly introduced regulations are designed in accordance with the international regime and practices provided for in the TRIPS Agreement.

The Trademarks Act, 1999 provides for the registration of service marks, filing of multiple type applications, extension of trademark registration period to 10 years, and recognition of the concept of well-known trademarks. The Indian legal framework also extends protection to domain names. Our team is well versed in handling a wide range of corporate cases and provides specialized legal services tailored to the individual needs of businesses. We help businesses navigate complex legal challenges such as contractual disputes, mergers and acquisitions, intellectual property issues, and regulatory compliance.

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