Assignment of the trademark means when the ownership of the mark is transferred with or without goodwill of the occupation from one person to another. Assignments are required to be recorded in the Register of trade marks for registered trade marks. There are four types of assignments
It includes partial transfer of the mark and its right to the other person. For example, A having business in manufacturing pens, paints and brushes under the trade mark “Droit” transfers it to B only to manufacture pens and not in paints, brushes or other
In this, the ownership of the trademark along with the goodwill in the form of agreement is transferred. For example, A transfers his mark “Droit” in the business of manufacturing pens to B as such that he can use the mark in the same business or other.
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