Trademark:
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Trademark refers to graphical representation of goods or services to make it distinguishable from others.
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It can be words, symbols, sound, colours, shape of goods, graphics representation or packaging etc.
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It protects owner against unfair competition, prevents damage to reputation of owner and consumer welfare.
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In India, trademarks are governed under Trademarks Act, 1999 ( it deals with precise nature of rights one can acquire in respect of trademarks), under aegis of Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce.
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The implementing body is Controller General of Patents, Designs and Trademarks