LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sagnik (Management Trainee)     29 February 2012

How far is goodwill & trademark related to each other

Hello,

Is Trademark & Goodwill of a company related to each other ? If it is then how far is it related. Is the appreciation in trademark value treated as an appreciation in its goodwill ?



Learning

 4 Replies

Rajesh Hazra (Mediator and Legal Counsel )     29 February 2012

Dear Sagnik,

In one word if youask me Trade Mark is the image of the Goodwill of a Company or brand. The Goodwill is recognized by the mark that is the Trade Mark.

N.K.Assumi (Advocate)     29 February 2012

 

  A trademark protects the goodwill associated with a company. As in the case of copyright fictional character created in a film scriptt writer or a film producer having the licence to use the story can build up a good will which may be protected in a passing off action even though he may not be the owner of the copyright.

Sagnik (Management Trainee)     01 March 2012

Thank you sir

Kiran (IPR Expert)     31 May 2012

Goodwill and trademark are realted insofaras both talk about identity associated with business.

However, goodwill reflects the intrinsic value business value of a company and its reputation in the market.

Whereas trademark gives legal protection to a brand so that nobody else can use it. A trademark  can be registered even for a new brand or a relatively unknown brand.

Thus even if a business has a registered trademark, it is possible that there is hardly any goodwill associated with it.

-------------------------- -------------------------- -------------------------- -------------------------- --------------------------

Trademark Registration in India is a must to protect your brand.

-------------------------- -------------------------- -------------------------- -------------------------- --------------------------

 

 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register