Trademark registration can also be obtained for a business name, distinctive catch phrases, taglines or captions. Properly used and promoted, Trademark may become the most valuable asset of a business. Trademarks serve as an indication of origin of the goods as well as an indication of quality. It is also essential to obtain trademark registration for the business name/trade name under the Trademarks Act. The use of TM symbols notifies the public that the company is claiming exclusive ownership of the trademark and can generally be used by one who has filed a trademark application.