Posts Tagged "joint ownership of trademarks"

Joint ownership of a trademark in India

The joint ownership of a trademark is possible within the Indian Legislative framework. However, it represents an unusual construct in that the very concept of a joint ownership is counter to the fundamental purpose of a trademark. A trademark usually serves as a designation of origin from a single entity or person. The usual policy is to have a jointly owned single entity owning the mark. When there is joint ownership of a trademark, however, joint owners of a trademark likely have to account to one another for profits related to the mark. To exclusively license a trademark requires the consent of all the owners of the trademark.

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