A Trademark is a unique illustrative identity of a firm and with the passage of time as a brand gains popularity, the trademark or logo becomes an essential part of the brand’s identity. A Trademark is legitimate for a period of ten years and an organization is obliged to apply for its renewal to safeguard its ownership. The statutory administration sends a legal notice at the registered address of the firm six months prior to the termination of the trademark ownership notifying the date of renewal. If a firm or an individual fails to renew the validity of a Trademark on completion of ten years, the authority provides a second chance where an applicant can restore the Trademark within 12 months of time period along with a specified penalty. Even then if the Trademark is not renewed, the authority publishes the information in the Trademark Journal notifying the termination of ownership of the Trademark.