A trademark is a type of intellectual property right in the form of a recognizable sign, design, or expression which identifies a service or product of a particular organization, person or source. Trademarks that are used to identify services are also called service marks. A trademark can be registered by a business organization, individual, or any other type of legal entity. It can be placed on a label, voucher, package, or on the product itself. Trademark is generally used for corporate identity and are also usually displayed on a company’s building or offices. It cannot be used by any other person or organization. For instance, BAJAJ is a trademark of Bajaj Electrical Limited and HONDA is a trademark of Honda Motor Co. Ltd