🗂️ After you’ve chosen a brand name and designed a logo, it’s important to take the next step and register them. Trademarks are valuable assets, and if you don’t claim them legally, another company may step in and use them. After spending time developing your business presence and reputation
Year: 2020 (page 38 of 93)
💸 With the implementation of the 2019 Act, certain sections of the Trade Descriptions Act have been included in the 2019 Act which governs for offences pertaining trademarks. Depending on the status of the applicant, the fine for a bad faith application is penalize on a per goods/services basis
🖊️ Trademark will be legally recognized as one’s personal or movable property which may be subject of a security interest or charge. This simple means that a valuable trademark may now be charged to bank as collateral for financial loan and other financial benefits (terms and conditions apply
ℹ️ Absolute grounds of refusal refers to a contravention of Section 10 of the old Act and Section 23 of the 2019 Act. These sections simply refer to distinctiveness of a trademark whereby a trademark shall not be descriptive and geographical indicative which capable to distinguish itself from
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