The Lok Sabha, the lower House of the Indian Parliament has passed an amendment to the Trademarks Act wherein the country could sign the Madrid Protocol within the next year.
This is huge step forward as it would enable MNC's to file for trademark protection in India using the Madrid system. In the current economic scenario where we see Indian Companies forging ahead with Merger & Acquisition, this move could prove to be beneficial for Indian Companies as well.
No comments:
Post a Comment