Saturday, December 3, 2011

Trademark Registration


Trademark Registration is becoming very essential for business entities around the world as more and more firms are coming up each day in a market with fierce competition. But what is Trademark Registration exactly and why is it so necessary?

A Trademark is basically a unique mark that is used by an individual, a business organization or a legal firm that establishes its entity and distinguishes it uniquely from others. It is acquired through a legal registration process and is a part of Intellectual Property Rights and is important tool of identification for prospective customers. It can be in various forms like :
·                  Words : Band - Aid, Vaseline, Aspirin, Dolby
·                  Names : Dacron, Dumpster, Formica, Frisbee, Ping-Pong, Post-it, Styrofoam, Teflon
·                  Logos and devices : Symbols for McDonalds, Nike, Apple, WWF, Google
·                  Combination of colors, shapes

Many words, which were originally registered as Trademarks, have now become an essential part of our vocabulary because of their immense popularity. This signifies how a Trademark can get diluted over time. In addition, a Trademark is also limited to National boundaries which constrict its use. Trademark Registration can be done in conventional & non-conventional forms and gives an entity the right to initiate legal proceedings against any person/firm for infringement and unauthorized use.

Types of Trademarks Commonly Seen:

·                  ™ A symbol of unregistered trademark
·                  ® A symbol of registered trademark
·                  SM A symbol of service - mark
·                  Other non-conventional Trademarks

Trademark Registration : The Process

·                  Rights can be acquired by two methods
o                          Through adopting the trademark and using it
o                          By applying to the Trademarks Registrar and paying a requisite fee
·                  Examination of the application resulting in approval or rejection
·                  Acceptance prior to Advertisement
·                  Publication of Trademark in TM Journal
·                  Issuance of Registration Certificate

The registration is done initially for a period of ten years after which, it has to be renewed after a gap of ten years.

Protection Criteria
A Trademark must make the goods or services of the proprietor / individual distinct from others and should not be similar in any way to existing / pending Trademarks

Trademark Act
Trademark Act of the US code is famous as the Lanham Act and it contains all the statutes of Trademark Laws prohibiting infringement & dilution of Trademarks across USA as well as illegal advertising.

Indian Trademark Registration

Trademarks are useful tools for registering the identity of an individual or organization but they are applicable only in the country where they were registered. Trademark Registration is susceptible to territoriality and every country has its own sets of Trademark Laws. Likewise, the process of Indian Trademark Registration differs from others and is governed by the Indian Trademarks Act 1999. The process of registering a trademark in India is not very different and consists of creating a trademark, stating its first use, associated it with the products / services and classifying it under a broad category. The trademarks registered in India are not legitimate in other countries and vice-versa but if an entity from a foreign country applies for the trademark in India, then this rule is not applicable.

Indian Trademark Act 1999
An Act to amend and consolidate the law relating to trademarks, to provide for registration and better protection of trademarks for goods and services and for the prevention of the use of fraudulent marks.

The Indian Trademark Act applies to all states and union Territories of India. Trademarks should generally be registered in such a way that Indian Companies do not stand the risk of losing their identity while operating in the Global Market. In today’s world, when economic growth is taking place at a fast rate for developing countries like India, it becomes essential to have a Trademark registered as soon as possible.

International Trademark Registration

The International Trademark Registration system is a central system covering all jurisdictions, known as the Madrid System. This system offers protection to its members by extending International Registration by means of the World Intellectual Property Organization. The organization works in accordance with the laws governing the registration / application of the Trademark contender in their home country.

The Madrid System simplifies the International Trademark Registration process by streamlining it for millions of applicants from different countries. It acts as a central body that registers trademarks through a single application filed in the home country and providing registration for other countries. Changes in the form of name or address as well as the renewals, take place by a single procedure and the extent of registration can also be increased to member countries easily.
Another international system for Trademark Registration exists for the European Union (EU), which is a political cum economic union of 27 European countries (also called member states) called the Community Trademark System (CTM). Registration here requires registering the Trademark with Office for Harmonization in the Internal Market (OHIM) which is applicable all across the EU. For a country that is not a member state, there should be professional representatives to the procedures before OHIM. The CTM operates side-by-side with the other International systems and offers a common platform for the EU countries for registering their trademarks in a uniform manner.


WE provide trademark Registration Consultants @ Rs 2500 only (Excluding the govt  fee)

VITAL CONSULTING,
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi, INDIA PIN - 110 034
Phone: +(91)-97160-41789, 9716231789, 9716257859
E-mail:
vitalconsultingindia@gmail.com, vitalcertifications@gmail.com

Tuesday, November 15, 2011

Trademark registration , copyright registration consultants


Trademark registration , copyright  registration consultants

Your Trademark is Valuable- Protect it now. The value of your names and brands can only be "locked in" by actually protecting them by trademark registration. Domain name and company name registration not enough.
Legal exclusivity is only obtained by trade mark registration. If you do not protect you trademarks someone else will. Act now or you will lose the opportunity to capitalise on the power of your own name

WE provide trademark registration @ Rs 2500 only (Excluding the govt  fee)
 We also provide  
·         NSIC  Performance and Credit Ratings (Subsidized)
·         Registration of MSME (SSI), NSIC (Govt Purchase), DGS&D
·         Vendor Registration Services with PSU , Navaratna , Mahanavaratna and Govt Nodal Agencies BHEL, EIL, MES, ONGC,  IOC, HPCL,  DGQA (Ministry of Defense) etc,
  • Copy Right , Design , Logo & Patent , Trade Mark Registration 
  • Factory License Services, and DPCC
  • MCD License  , Trade License 
  • PAN , TAN, VAT,  Sales Tax & Service Tax Registration And Compliance Services
  • Registration Of Partnership Firm,  Private Limited Company, Proprietorship Firm,  Society & Trust And Registration.
ISO AND PRODUCT CERTIFICATION SERVICES
·         Certification , Implementation and Consultancy Expertise for: ISO 9001       QMS, 14001 EMS, 18001 OHSAS, 22000 FMS, 27001 ISMS, HACCP, GMP, SA-8000, BRC, WRAP
·         ISI, Energy Star Marking & CE Marking




VITAL CONSULTING,
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi, INDIA PIN - 110 034
Phone: +(91)-97160-41789, 9716231789, 9716257859
E-mail: vitalconsultingindia@gmail.com, vitalcertifications@gmail.com

Friday, November 4, 2011

75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme ( Please Ignore this mail if your unit is not an Registered Small Scale industry)


Dear Sir,  



NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the scheme.
               
 OBJECTIVE OF THE SCHEME
·        To enhance the acceptability of SSI units with Banks & Financial institutions & Buyers.
·        To meet the opportunities & challenges in the changing Global economic scenario.

SCHEME FEATURES

  • Govt. Of India Scheme.
  • Approved By Indian Banks Association (IBA).
  • 75 % Subsidy on the Rating Fee by Ministry of SSI.
  • A combination of credit and performance factors including operations, finance, business and management.
  • Turnover based Fee structure
  • An independent, trusted third party opinion on capabilities and credit-worthiness of SSIs
 BENEFITS TO SSI
                                                      
·        Re-calibration of Interest Rates by Banks.
·        Waiver of Collateral.
·        Recognition in global trade
·        Prompt sanctions of Credit from Banks and Financial Institutions
·        Facilitate vendors/buyers in capability and capacity assessment of SSIs
·        Enable SSIs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.
·        Privilege benefits as per policy


OTHER STATUTORY REASONS

·        RBI Proposes to Increase Risk Weightage on all unrated Loans to 150%from 100% (EconomicTimes:12 April, 2007)
·        BaselII norms require banks to assign risk Weightage based on the credit rating of the borrower. (EconomicTimes:18 April, 2007)
·        Nationalized  banks like Bank of India, OBC, Central Bank of India, PNB, Bank of Maharashtra, State bank of Mysore, UCO Bank, Union Bank of India and many more are reducing rates of interest based on the rating

LONG TERM BENEFITS TO SSI
  • HEALTH CHECK AT SUBSIDIZED RATES CREATING AWARENESS on strength and weakness and take corrective measures.

























I believe that the  NSIC Performance and Credit Rating  can be the foundation for the mission of Madhya Pradesh's prosperity leading to the creation of Madhya Pradesh as a great State.


We are very much interested to listen from you to avail this opportunity extended to the entrepreneurs of Madhya Pradesh for  success in their mission of transforming their State into a developed State by 2016.

Please let us know how we can work together closely to educate the industries to get maximum benefit of the scheme.

Thanking  You

 
VITAL CERTIFICATIONS AND BENCHMARKINGS


H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,

75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme ( Please Ignore this mail if your unit is not an Registered Small Scale industry)


75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme ( Please Ignore this mail if your unit is not an Registered Small Scale industry)
Dear Sir,

This is further to our  telephonic discussion with our representative.
.

I would also wish to thank you for allowing us to introduce as  business associates of CARE   Limited, a RBI &SEBI  Accredited independent Rating Agency of India.

The recent changes in the industrial climate world over and the liberalization of economic environment in our country have thrown up many opportunities and challenges to the small-scale industries. Therefore, there is a need to create awareness amongst small-scale units about the strength and weakness of their existing operations and to provide them an opportunity to enhance their organization strength.
As a step in this direction, a scheme for rating of small-scale industries has been prepared by involving Industry Associations, Indian Banks' Association and CARE. The scheme has been approved by the Govt. of India and it also has the approval of Indian Banks' Association. The scheme titled 'NSIC-CARE Performance and Credit Rating Scheme is launched by H'ble Finance Minister on 7th April 2005.
NSIC-CARE rating provides an opinion on the company's operating performance and financial strength.
The Ministry of SSI is providing subsidy of 75% of NSIC-CARE rating fees.

Benefits of NSIC-CARE rating:
·        Acceptability with Banks: The Indian Banks Association enhances the acceptability with banks, lenders and financial institutions. This also gives access to quicker and cheaper credit thereby economizing the cost of lending.
·        Confidence among buyers: It shows your operating performance and financial strength, which will infuse confidence among buyers while taking decisions.
·        Creating awareness: It gives you detailed analysis of your units' strengths and weaknesses, which can be used to strengthen your operations and finances also. It provides you with the analysis of owners, promoters, directors of SSI unit, which can be used to develop the skills and getting insight.
·        Evaluating performance: It provides you with the evaluation of your units' as well as yours operational and financial performance. This gives you an insight of your operations and finances, which are unbiased.
·        Risk Management: It provides you the parameters to measure operational, financial, managerial and business risks.
·        Identifying areas of improvement: It helps you in identifying the areas of improvement and put focus on the strengths.

Advantages of rating by CARE:
·        Regulatory Recognition
CARE Ratings are recognized by Government of India and regulatory agencies in India. CARE is registered with the Securities and Exchange Board of India. CARE Ratings are also recognized by RBI, NABARD, NHB and NSIC. RBI has also recognized CARE Ratings as an eligible external credit rating agency for the purpose of Basel II implementation in India 
·        Independent
CARE is an independent rating agency promoted by major banks and financial institutions in India. The three largest shareholders of CARE are IDBI Bank, Canara Bank and State Bank of India.   CARE is the only rating agency in India which operates with an independent rating committee comprising of senior and reputed professionals. 
·        Professional
CARE Ratings endeavor has been to provide investors and risk managers with independent, authentic and insightful credit opinions based on detailed in-depth research, which encompasses detailed analysis of risks that affect credit quality of an issuer. CARE's analyst strength consists of large number of well qualified and multi-faceted professionals from diverse backgrounds such as; financial analysts, economists, sector specialists, chartered accountants, chartered financial analysts and financial risk managers.  
·        Experienced
CARE has over a decade of experience in rating various types of instruments. CARE assigned its first rating in November 1993 and upto March 31, 2010, CARE had completed 7654 rating assignments for an aggregate value of about Rs23121 bn. With a large number of qualified and experienced multi-faceted analyst and presence in all major metros of India, CARE has a unique understanding of the local business, cultural and value systems and factors which affect the Indian economy. 
·        Wide Sectoral Coverage
CARE is a full service rating company offering a wide range of rating and grading services which includes rating debt instruments/enterprise ratings of Corporate, Banks, Financial Institutions (FIs), Public Sector Undertakings (PSUs), State Government bodies, Municipal Corporations, Non-banking Finance Companies `(NBFCs), SMEs, Micro finance institutions, Structured finance Securitization transactions. In addition, CARE Ratings undertakes Corporate Governance ratings, Mutual Fund Credit quality ratings, IPO grading, Claims Paying Ability rating of Insurance Companies, Grading of Construction Entities and Issuer ratings. 
·        Market Acceptance
CARE has a significant rating coverage of the Indian Banks and Financial Institutions, who are also amongst the major investors in the Indian bond markets. This, acknowledges the confidence of Indian Institutional Investors in CARE Ratings. CARE ratings are also used by a wide range of investors including Mutual Funds, Insurance companies, Provident funds, Corporate and Retail investors. 
Rating Experience: (As at March 2010)
Total Assignments Completed
7654
Total Instruments Rated
7206
Total Volume of Debt Rated
Rs.23121 bn
Total Issuers Rated
2811



The NSIC-CARE rating fees is as follows:
 

Turnover (Rs Lakh)
Particulars
< 50
50-200
>200
Rating Fees (Rs.)
27000
35000
47000
Service Tax @ 10.3 % (Rs.)
2,781
3,605
4,841
Total Fees (Rs.)
29,781
38,605
51,841
Subsidy from NSIC (Rs.)
22,336
28,954
38,881
Amount payable by SSI (Rs.)
7445
9651
12960
Renewal Fee excluding Service Tax
8100
10500
14100


*SSI unit needs to pay only their share of 25% of total rating fees as given in above table, rest 75% will be paid by NSIC directly to CARE.

Units with green-field projects


Turnover (Rs Lakh)
Particulars
< 50
50-200
>200
Rating Fees (Rs.)
50000
60000
75000
Service Tax @ 10.3 % (Rs.)
5,150
6,180
7,725
Total Fees (Rs.)
55,150
66,180
82,725
Subsidy from NSIC (Rs.)
25,000
25,000
25,000
Amount payable by SSI (Rs.)
30150
41180
57725
Discount 15%
4523
6177
8659
Amount payable by SSI (Rs.)
25628
35003
49066
Renewal Fee excluding Service Tax
15000
18000
22500



Please feel free to ask us for further information.

Yours truly,
For Vital Consulting
(Business Associate of  Care Ratings)

Rakesh Dwivedi

VITAL CERTIFICATIONS AND BENCHMARKINGS


H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,
Websites : www.vitalcertifications.com,  www.vitalconsulting.co.in