What are the benefits of trademark law ?

What are the benefits of trademark law ?
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1 Answer

Answer :

Trademark registration is not mandatory for infringing trademark rights. But if the trademark is registered under the law, it has the following benefits: It identifies legal and legal ownership and identifies product worldwide. If an organization uses a trademark for 5 consecutive years, it gains the status of irrefutable. Then no one can complain that the company is using the trademark of another company. If a company registers in accordance with its trademark , the " Trademark Act", no other company will be able to accept it. If any other company is taken, legal action can be taken against it. The advantage of trademark registration is that it increases the market value of the product.
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