Contact Your Financial
Adviser Money Making MC
7
March 2017
The Indian government on Monday cut
the number of trade mark forms from 74 to just eight, and nearly halved the fee
for e-filing applications to Rs 4,500 in order boost the country's Intellectual
Property Rights (IPR) regime and to promote ease of doing business. The Total Investment
& Insurance Solutions
Announcing the notification of these
changes in the Trade Mark (TM) Rules, 2017, a Commerce Ministry statement here
said the salient features of the revamped rules include "number of Trade
Mark (TM) forms have been reduced from 74 to 8 and to promote e-filing of TM
applications, the fee for online filing has been kept at 10 per cent lower than
that for physical filing".
"Based on stakeholders'
feedback, the fees for individuals, start-ups and small enterprises have been
reduced from that proposed in the draft rules -- only Rs 4,500 as against Rs
8,000 for e-filing of TM applications proposed at the draft stage." The Total Investment
& Insurance Solutions
Hearing through video conferencing
has been introduced, and number of adjournments in opposition proceedings has
been restricted to a maximum of two by each party to help expedite disposal of
cases, it said.
The Total Investment & Insurance Solutions
Modalities for service of documents
from applicants to the registry and vice-versa through electronic means have
been introduced to expedite the process, the statement added.The Total Investment
& Insurance Solutions
No comments:
Post a Comment