Querist :
Anonymous
(Querist) 28 September 2011
This query is : Resolved
can A trademartk of a company be used by a sister concern ?if yes ,will the company have to pay for it or not, or it depends on the terms & conditions between the two.
Sankaranarayanan
(Expert) 28 September 2011
no asper the IPR act .Because legal and treade mark been allocated only for one company and if any one use then it is against the trade mark .
If the main company has registered the trademark, definitely it can license or assign the trademark to its sister company or any company for good faith.
As long as the line of business is same it holds good...
I will give you a scenario... TATA is in to multiple business lines
Main Company: TATA Motors line of business is Automobiles.
Sister Company: TCS line of business is Software
Eventhough TATA assigns the trademark, the line of business TATA has registered is different from the line of business of sister company.
Feel free to contact me, if you need further details.
Regards, Nagaraj Corporate, Commercial & IP Lawyer IP Lex Global Services Email: nagaraja_bs@iplexglobal.in Mob: 0091-09902007635
prabhakar singh
(Expert) 29 September 2011
i subscribe the view expressed by Expert Nagaraja B S
Querist :
Anonymous
(Querist) 29 September 2011
what is the procedure to assign a trademark ?
R.Ramachandran
(Expert) 29 September 2011
It should be assigned through a registered agreement.
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