Introduction An alternative dispute resolution (ADR) process can help businesses resolve commercial problems without having to go through the costly process of litigation. Arbitration is a sort of alternative dispute resolution that is widely used. Procedure for ArbitrationArbitration is a more formal method of alternative dispute resolution that incorporates a tribunal process and an independent…
View detailsIntroduction Patents for inventions, industrial designs (aesthetic creations related to the appearance of industrial products), trademarks, service marks, layout-designs of integrated circuits, commercial names and designations, geographical indications, and protection against unfair competition are all examples of industrial property. Aspects of an intellectual work are sometimes less precisely defined, despite the fact that they are…
View detailsINTRODUCTION India is fighting a biological war against an unseen foe (coronavirus), which has wreaked havoc on the country’s health system. While the magnitude of cases and sudden spike in the second wave have pushed many countries into insurmountable shortages, it does raise concerns about how the pandemic will be handled this time, especially in…
View detailsIntroduction A compulsory licence grants the owner of a patent or copyright the right to use their rights for a fee set by law or determined by adjudication or arbitration. In essence, a compulsory licence allows an individual or company to use another’s intellectual property without the rights holder’s consent, and for a set fee.…
View detailsWHAT IS TERM OF COPYRIGHT? The term of copyright is the length of term copyright subsists in a work before it passes into the public domain. The term of copyright for a particular work depends on several factors, including whether it has been published or not. Usually, copyright protection lasts for the life of the…
View detailsWHAT ARE OIL BONDS? Oil bonds are special securities issued by the government to oil marketing companies in lieu of cash subsidy. These bonds are typically of a long-term tenure like 15-20 years and oil companies are paid interest. Oil bonds are special securities issued by the government to oil marketing companies in lieu of…
View detailsIntroduction: The Constitution of India was drafted with the intention of establishing a democratic society based on social, economic, and political equality, as well as equality of position and opportunity. Positive action aims to enhance societal equality by favoring the poor. Any legislation cannot achieve its goal unless society accepts it. The right to equality…
View detailsWHAT IS WIPO? World Intellectual Property Organization (WIPO), is an international organization designed to promote the worldwide protection of both industrial property (inventions, trademarks, and designs) and copyrighted materials (literary, musical, photographic, and other artistic works). The organization, established by a convention signed in Stockholm in 1967, began operations in 1970 and became a specialized…
View detailsAccording to the United States Copyright Office, copyright is a bundle of exclusive rights awarded to the creator of an original work authorship. These rights include the ability to copy a work, display it publicly, perform it, and create derivative works based on it. A creative work of authorship is simply any work that contains…
View detailsCopyright Protection While copyright does not protect data or ideas in and of themselves, it does protect the original expression of data and ideas. Only literary, dramatic, musical, and aesthetic works are protected by copyright. The rights that apply to each of these groups differ. The independent creation of similar works is not protected by…
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