One of two project developers registered a Trade Mark constituting the name of the proposed development in his own name. The assets were, as always intended, later transferred into the limited company, and the two developers were directors. It was held that company name could not be divorced entirely from its trading name, and the director’s fiduciary duty to the company required him to transfer the trade mark registration to the company. Registering it in his own name had been an act for his personal interests conflicting with the interests of the company hew was bound to protect.
Citations:
Times 06-Jun-2001
Statutes:
Intellectual Property, Company
Updated: 08 May 2022; Ref: scu.135493