Trade mark

....SAJ SK..... (Querist) 31 July 2018 This query is : Resolved
Hello Experts,
One of my friends is running business in partnership with another. But due to some reasons both partners want to dissolve their firm. At the time of dissolution firm has a Intangible asset i.e Trade Mark. My friend wants to take it on his name. Can he do So?
Whether Trade Mark is transferable or not? If yes. What is the procedure for it?
Thanks in advance.....Have a Good day.

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J K Agrawal (Expert) 28 February 2019
No reply since year 2018?

Trademark can be transferred sold, leased out as another property. after entering a formal agreement of sale of trademark you are to get it transferred in your name from registrar of trademarks. Its official fee is around Rs 10,000/- and advocates also charge 10,000/- for their service charges. It is easy task.

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....SAJ SK..... (Querist) 02 May 2019
Thank you Very much J K Agarwal Sir... I have been waiting for reply since 2018....finally got it from you.....

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