Trademark Registration

A trademark is a symbol, word, design, or a combination of these that distinguishes a product or service from those of others in the marketplace. Getting it registered protects the trademark owner’s rights to use the trademark exclusively and helps in preventing others from using it.

Eligibility

  • The minimum number of members required to form a Nidhi company is 200.

  • The minimum paid-up capital required is INR 5 Lakhs.

  • All directors of the company must be Indian citizens and residents.

  •  The company must have a minimum of three directors.

Document Required

  • PAN Card of all directors.

  • Address proof of all directors (Aadhar Card/Voter ID/Passport). 

  • Passport size photographs of all directors. 

  • Rent Agreement (in case of rented premises).

  • NOC from the owner of the premises (in case of owned premises).

Benefits

  • easy to set up and require fewer formalities compared to other types of NBFCs.

  • Low Cost of Funds

  • eligible for government subsidies and grants

  • Nidhi companies are owned and managed by their members.

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Customer Support

At Xtraserve, we believe in transparency and effective communication, which is why we provide regular updates on the progress of our clients’ projects and keep them informed of any changes in the financial markets that may impact their investments.

Our team of financial professionals is highly trained, knowledgeable and dedicated to providing top-notch services to our clients. We are committed to maintaining the highest ethical standards and adhering to all industry regulations.

If you’re looking for a financial services company that is dedicated to helping you achieve your financial goals, look no further than Xtraserve. Contact us today to schedule a consultation and learn more about how we can help you. With our wide range of services and convenient office locations, we are confident in our ability to provide you with the best financial solutions for your needs.

FAQ

What is a trademark and why is it important to get it registered?

A trademark is a symbol, word, design, or a combination of these that distinguishes a product or service from those of others in the marketplace. Getting it registered protects the trademark owner’s rights to use the trademark exclusively and helps in preventing others from using it.

What types of marks can be registered as a trademark in India?

Any distinctive mark such as logos, names, slogans, designs, or combinations of these can be registered as a trademark in India.

How long does it take to get a trademark registered in India?

On average, the trademark registration process in India takes about 6 to 12 months from the date of filing to the grant of registration.

Is it necessary to conduct a trademark search before filing a trademark application?

Yes, it is recommended to conduct a trademark search before filing a trademark application to ensure that the desired mark is available for use and registration.

Can a trademark registration be obtained for a business name?

Yes, a business name can be registered as a trademark if it is distinctive and has not been previously registered by another party.

Is it necessary to use the trademark after registering it in India?

Yes, it is necessary to use the trademark after registering it in India. Non-use of a trademark for a continuous period of five years may result in its cancellation.

Can a trademark be registered for multiple classes of goods or services?

Yes, a trademark can be registered for multiple classes of goods or services, but a separate application must be filed for each class.

What is the fee for trademark registration in India?

The fee for trademark registration in India varies based on the number of classes applied for and the type of trademark application being filed. On average, the fees for filing a trademark application in India range from INR 9,000 to INR 20,000.

What is the duration of trademark registration in India?

The duration of trademark registration in India is 10 years from the date of filing and is renewable every 10 years thereafter.

Can a trademark be transferred to another party in India?

Yes, a trademark can be transferred to another party in India through an assignment agreement.

What happens if a trademark infringement occurs in India?

If a trademark infringement occurs in India, the trademark owner can take legal action against the infringing party. The remedies available may include an injunction, damages, and/or an order for the infringing party to cease using the trademark.

Can a trademark be renewed in India after its expiration?

Yes, a trademark can be renewed in India after its expiration by filing a renewal application within a specified timeframe.

What is the process for registering a trademark in India?

The process for registering a trademark in India includes conducting a trademark search, preparing and filing a trademark application, and waiting for the trademark to be examined and granted by the Indian Trademark Office.

What is the role of a trademark attorney in the trademark registration process in India?

A trademark attorney can assist in the trademark registration process in India by conducting a trademark search, preparing and filing the trademark application, and representing the trademark owner in case of any objections or oppositions.

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