There seems to be a dispute between the above mentioned companies with regards to the mark 'FUEL'. VLCC seems to have acquired the mark from a businessman, Mr. Mahesh Chaudhary int he year 2006.
L'oreal is reported to have acquired the same fromt he same individual. If true, both of these companie shave been duped. The next question is whether they can co-exist within the ambit of Section 12 of the Trademarks Act, 1999?
A hearing is scheduled at the Delhi High Court in the future....
Tuesday, February 9, 2010
Wednesday, February 3, 2010
INDIA JOINING THE MADRID PROTOCOL
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.
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.
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