The Trade Marks Act 1940, 5 of 1940, (Rep., Act 43 of 1958) · V — .

Section 29. Notwithstanding anything in any other law

Repealed or not in force · As amended up to 2026-08

29. Notwithstanding anything in any other law [dsslgnabflity ] of reglatered to the contrary, a registered trade mark shall, subject to trade marlra. the provisions of this Chapter, be assignable and transmissible whether in connection with the goodwill of a business or not, and in respect either of all of the goods in respect of which it is registered or of some only of those goodu. 30. An unregistered treds mark shall be assignable ~ ~ ~ i g n a b i u t g o t unregbtered and transmissible whether in connection with the good- trade marks, will of a business or not : I i I I i Provided 21 Eestrictions `On` asslgnmentor tranamlesion z;;~$,"tlpl@ asht~ would `be` created. \ T~aade Marks [ACT `P` Provided that, except in connection with the g00dwiU of a business, assignment or transmission shall be permissible only if, - (a) at the time of assignment or transmission of the unregistered trade mark it is used in the same business as a registered trade mark, and - (b) the registered trade mark is assigned or transmitted at the same time and to the same person `as` the unregistered trade mark, and - (c) the unregistered trade mark relates to goods in respect of which the registered trade mark is assigned or transmitted.

Source: India Code