Introduction Industrialization and innovation have been revolving upon the theory of value for money. The consumer always tries to gain value of the product from its utility whereas the producer aims at harvesting profits from the investment to develop the product. Given the plethora of options available, preference would always be given for the product…
The famous Louis Vuitton logo is some of the most valuable intellectual property in the world. The Legal notice portion of the website gives us some insight into the ownership of these logos and symbols. “Louis Vuitton ® is a registered trademark of Louis Vuitton Malletier S.A. (“LVM”), as well as all the other related trademarks and…
After coming of Intellectual Property Rights in India as a law it introduced us to a variety of topics namely copyright, patent, trademark, and many other new concepts which were not known earlier and we came to know them when IPR was introduced. One such concept about which I am going to discuss now is…
Software patents concern a piece of software i.e. computer program, user interface or algorithm while business method patent concern new methods of doing a business, for example a new method of marketing of product. Both, software and business method are excluded from granting patent under Indian Patent Act. Section 3(k) of the act states that…
Trademark Registry The trademark registry was established in 1940 then came the Trademark Act which was passed in 1999. Currently, the trademark registry works as the operation or functional body of the Act. Or it can also be said to be working side by side. As a functioning body, the trademark registry implements all the…
What is Trademark? A trademark is an Associate in Nursing material possession that’s portrayed as a visible image, label, sign, or style so as to represent a product by a manufacturer. It helps customers distinguish the product or services of 1 company from the remainder. The owner of a trademark is also any entity via…
Trade secret is a confidential information which is not known to others. A trade secret refers to the information related to business not generally known to public and which the owner reasonably tends to keep the information secret and confidential. The information must derive economic value either actual or potential. The secret must hold a…
There are three pre-requisites to grant a patent i.e. novelty, invention and utility. The journey of pharmaceutical patents in India has been through many ups and downs and the finally in 2005 India incorporated provisions of TRIPS Agreement in its Patent Laws. The pharmaceutical patents were denied before as they affect the Indian generic industry…
Biodiversity and Traditional Knowledge, both are excluded from patent under Indian Patent Act. Section 3(j) of the act states that most of the living things such as plants and animals in whole or any part thereof including seeds, varieties and species and essentially biological processes for production or propagation of plants and animals are not…
IPR-Auditing IP Assets A Intellectual Property (IP) review is an apparatus for recognizing your potential IP resources. In a perfect world a review ought to be done by proficient IP examiners, yet regularly a primer review should be possible in-house, inside your organization. Through an IP review you can make a stock of your potential…
