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One might say that there has to be some kind of mystical knowledge being used, considering the price for the commodity doesnt yet exist. Commodities are any physical, tangible goods, such as crops like corn or wheat, to oil, gold, and currency, just to name a few. The futures market has nothing to do with the use of a crystal ball, though there are many traders who wish they had one. A futures contract is a standardized contract to buy or sell a...more
What Are the Changes in Trademark Act 1999 Over Trademark and Merchandise Act 1958? In India the first Trademark legislation was Indian Merchandise Act, 1889 where the disputes or problems relating to the infringement of Trademark or passing off were decided under of s. 54 of the Specific Relief Act 1887 and registration problem was tackled under the Registration Act 1908. This act was repealed in the year 1940 and was followed by the enactment of Trademark Act 1940. In the year 1958, The Trade and Merchandise Marks Act was adopted which repealed the Indian Merchandise Act, 1889 and Trademark Act 1940 and was provided with s.129 for the registration of Trademarks.Further, in the year 1999, Trademark Act was adopted which came into force on 15th September, 2003 which repealed The Trade and Merchandise Marks Act, 1958.Salient Features of the Trade and Merchandise Act, 1958• The Trade and Merchandise Marks Act, 1958 provides for the creation of a Trade mark Registrar where an individual or firm could register their Trade mark in the office of Mumbai, Delhi, Chennai, Kolkata and Ahmedabad. The Act provided with the ground of registration and refusal to register trademark•...more
What Are the Types of Trademark? A trademark is designated by the following symbols:• ™ (for an unregistered trade mark, that is, a mark used to promote or brand goods) • â,, (for an unregistered service mark, that is, a mark â,, superscript SM used to promote or brand services) • ® (for a registered trademark)A new Trademark...more
Do You Know The Difference Between Registered And Unregistered Trademark? Trademarks in India may be registered or unregistered under the Indian Trademarks Act, 1999 ('the Act'). Matters pertaining to Indian registered trademarks and the rights which flow from registration under the Act are generally consistent with trademark laws in the...more
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