A domain name identifies the IP address. It is more like a street name that aids in identifying a house or a building. A domain name consists of, at least, a top-level and a second-level domain. A top-level domain (TLD) is the part of the domain name located to the right of the dot ("."). The most common TLDs are .com, .net, and .org. The second-level domain name maps to and can be thought of as the "readable" version of the Internet address. Each part of the domain name provides specific information. These pieces of information enable web browsers to locate the web page.
Such searches are conducted with appropriate offices to determine and check the availability of the domain names prior to filing for domain name registration.
Thereafter conducting the search, if a domain name is selected which ofcourse has not been sought for registration, then upon intimation from the clients the same is applied for registration. The Internet Corporation for Assigned Names and Numbers (ICANN) Registrars performs domain name registrations. There are several hundred accredited registrars located throughout the world that provide support in local languages. The relationship between a domain name registrant and the ICANN-accredited registrar is governed by a Registration Agreement between the two parties. The same is also renewed from time to time.
Cyber squatting is the practice of registering an Internet domain name that is likely to be wanted by another person, business, or organization in the hope that it can be sold to them for a profit. It involves the registration of trademarks and trade names as domain names by third parties, who do not possess rights in such names. Simply put, cyber squatters register trade-marks, trade names, business names and so on, belonging to third parties with the common motive of trading on the reputation and goodwill of such third parties by either confusing customers or potential customers, and at times, to even sell the domain name to the rightful owner at a profit.
Legal action against Cyber Squatting includes filing of Domain Name Complaints with appropriate judicial and quasi-judicial bodies including the IN Registry, WIPO or in the High Courts of India.