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Trademark Withdrawal

Renew your Trademark for further 10 years and enjoy the benefits. Contact at info@vgccs.in

Overview Characteristics

Overview

Trademark withdrawal is the process of voluntarily cancelling or abandoning a trademark registration process. It is a legal process that allows trademark owners to relinquish their rights to the trademark. There are several reasons why a trademark owner may decide to withdraw their trademark.

The process of withdrawal can be initiated by the trademark owner or by the trademark office. A trademark owner may choose to withdraw their trademark registration for various reasons, including a change in business direction or a lack of interest in maintaining the trademark.

Trademark withdrawal is the process where you can withdraw your trademark before it is registered. Once you have filed your trademark application, you can withdraw the same by filing an online request. Upon withdrawal, any rights that you had on the mark will become void, and the mark would be open for registration by another entity.

Reasons to Withdraw a Trademark

When In process of registration when opposition filed by a third party after Acceptance and advertised status.
In Case of use of well-known trademark- Tm infringement case.
If your business is moving in a new direction or pivoting to a new product or service, your current trademark may no longer be relevant or appropriate. In such cases, withdrawing your trademark may be the best course of action.
Market conditions can change quickly, and if your trademark is no longer relevant or effective in the current market environment, withdrawing your trademark may be the best way to protect your brand.
Registering and maintaining a trademark can be expensive, and if your trademark is no longer necessary or relevant, withdrawing it can help you save money.

Specific Forms Subject to Trademark Application Cancellation

Form TM-O
This is the form of cancelling a trademark application on the conditions provided under Section 47 and 57 of the said Act.
Form TM â€“ U
This is the form for a trademark application for removal of entry of a trademark under the condition in Section 50 of the said Act.

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Characteristics

Benefits and Characteristics of Trademark Withdrawal

It can save a lot of money in the long run. If a trademark is no longer being used or is no longer valuable, then withdrawing it can save the trademark owner from having to pay renewal fees or maintenance costs.
It can help avoid legal disputes. If a trademark owner is no longer using their trademark, they may be infringing on the trademark rights of other businesses. By withdrawing the trademark, the owner can avoid any legal disputes that may arise.
If a trademark is associated with negative publicity or negative connotations, withdrawing the trademark can help protect the reputation of the business. By removing the trademark from use, the business can distance itself from any negative associations that may be attached to the trademark.
It can also help simplify a trademark portfolio. If a trademark owner has multiple trademarks that are no longer being used or are no longer valuable, withdrawing them can help streamline the portfolio and make it easier to manage.

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For any further query on our Trademark services please contact us on info@vgccs.in

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