The patent system conferred monopoly rights on the inventor for a limited period of time.
These exclusive rights act as an incentive or reward, which is considered critical to encourage the stimulation of ideas thereby leading to further advances. The Patent Act 1970 as amended and the Patent Rules indicate the procedure to be followed for obtaining patent for an invention in India. The Procedure has been modified keeping in mind the interest of the applicant and also to meet the requirements of the International standards.
Patent is a statutory and monopoly right granted by the Government for an invention for a limited period of time to the innovator in lieu of full disclosure of his invention which excludes others from making, using, selling, and importing the patented product or process for producing that product. Patent is an intangible property that can be exploited unlike other property throughout the world at the same time. Inventions relating to either a product or process that is new, involving inventive step and capable of industrial application and also fulfilling the requirement of categories incorporated in section 3 of the Act can be applied for patent.
At the time of Independence, both product and process patent was prevailed for drugs in India which was governed by the Patents and Designs Act, 1911. It was designed in such way to benefit foreigners than Indians. As a result, there was no growth in scientific research and industrialization in the country and curbed the innovativeness and inventiveness of Indians.
هذه القصة مأخوذة من طبعة October 2018 من LawZ Magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 2018 من LawZ Magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Freedom Of The Press: Print Media Near -Vs- Minnesota
This 1931 case is a landmark judgement highlighting the constitutional protection given to the freedom of the press.
Protection To Woman
Well, the Indian Penal code, acts as a sword as well as a shield for the Indian women.
Corporate Governance Past, Present & Future In India
While corporate governance may not dictate the economic prospects of developing countries, it certainly plays an integral role in shaping them. Corporate governance deals with the rights and responsibilities of a company’s management, its board, shareholders and various stakeholders.
Builders Can't Force Buyers To Go For Arbitration
It is a well settled law that arbitration agreements do not bar the jurisdiction of the National Consumer Disputes Redressal Commission (‘NCDRC’) and other consumer forums. The issue was, however, reconsidered at length by a Full Bench of the NCDRC, in Aftab Singh v Emaar MGF Land Limited &Anr [Consumer Case No 701 of 2015] in view of the amendments to the Arbitration and Conciliation Act 1996 (‘the Amended Act’).
The Unwanted Acid
Incidents of acid attacks in which the perpetrator throws acid at the face of the victim are on rise. Such acid violence have a specific gender dimension in India as a majority of reported victims have been women. While acid attacks constitute only a fraction of the total number of violent incidents against women, they are among the most horrific examples of brutality inflicted on women.
Iran Deal Withdrawal
WORST DEAL OR WORST MISTAKE
Law Regulating
ELECTIONS IN INDIA
Karl Marx
Karl Marx has been without doubt one of the most influential socialist thinkers till date. Although he was largely ignored by scholars, his social, economic and political ideas gained rapid acceptance.
Virtual Currencies In India Journey So Far
Bitcoin has been the talk of the market yet has the government report closed the doors to its development.
Applicability Of GDPR On Goods And Services Offered Over The Websites Outside The European Union
Applicability of the EU data Protection laws outside its territory and provision for its intl. avoidance
