Trademark assignment refers to the legal process of transferring ownership of a registered trademark from one party to another. This process is crucial for businesses as it ensures that the new owner has the rights to use the trademark, which is a symbol, word, or phrase that identifies and distinguishes their goods or services.
Where a person becomes entitled to a registered mark, he shall make the application to the Registrar to register his title. The application must be accompanied by Deed of Assignment signed by both the assignee and assignor.