DR - Shakuntala Misra National Rehabilitation University
DR - Shakuntala Misra National Rehabilitation University
DR - Shakuntala Misra National Rehabilitation University
PROJECT ON
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SUBMITTED TO
SUBMITTED BY :
ROLL NUMBER
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CONTENTS
1. Introduction Page 4
2. Meaning Of Patent
Page 4
3. Development Page 5
ACKNOWLEDGEMENTS
He has been very kind in providing inputs for this work, by way of
University, who have helped me with ideas about this work. Last, but not
University with such good library and internet facilities, without which,
no doubt this work would not have taken the shape in correct time.
Mahendra Pratap
ROLLNO
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Introduction:
The Patents Act 1970, along with the Patents Rules 1972, came into force on
20th April 1972, replacing the Indian Patents and Designs Act 1911. The
Patents Act was largely based on the recommendations of the Ayyangar
Committee Report headed by Justice N. Rajagopala Ayyangar. One of the
recommendations was the allowance of only process patents with regard to
inventions relating to drugs, medicines, food and chemicals.
Significantly, India also became signatory of the Paris Convention and the
Patent Cooperation Treaty on 7th December 1998 and thereafter signed the
Budapest Treaty on 17th December 2001.
Meaning Of Patent
Patents are one of the oldest forms of intellectual property protection. The
basic aim of a patent system is to encourage economic and technological
development by rewarding individual creativity and/or intellectual. A patent
under the act is a grant from the government to inventors, for a limited period
of time, the exclusive right to make, use, exercise, and vend the invention.
As per Trade Related Intellectual Property Rights (TRIPS), Article 33, the
periods of patent is 20 years from the date of filing of the application for a
patent. At the end of patent period, the government publishes the invention
and it becomes part of the public domain.
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In other words, after the expiry of patent period the public can make use of the
patent. As part of the public domain it is assumed that the disclosure of patent for
public will stimulate ideas and perhaps even the development of an even better
product that could replace the original.
Patents as one’s exclusive property rights can be sold, transferred, willed, licensed,
or used as collateral much like other valuable assets. In fact, most independent
inventors do not commercialise their inventions or create new products from their
ideas, instead, they sell or license their patents to others who have the resources to
develop.
To quote one such case, the Coca-Cola formula was developed by a compounder. He
could not commercialise it due to lack of required resources. He sold it to a doctor
who commercialised ‘the Coca Cola formula’. Patent history is replete with such
examples.
Development
On 26th March, 1999, Patents (Amendment) Act, 1999 came into force
retrospective effect from 1st January, 1995. The main amendments are as
follows:
i. Section 5(2) was introduced which provides for filing of applications for
patent in the field of drugs, medicines and agro-chemicals. These
applications were kept pending in the mailbox or black box. This
mailbox was to be opened on 1st January 2005.
ii. Provision of Exclusive Marketing Rights (EMR) was brought in by
way of Chapter IV A. Thus, pipeline protection was provided for
pharmaceutical and agro-chemical manufacturers whose applications for
product were lying in black box.
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iii. Section 39 was omitted from the Act, thereby enabling the Indian
residents to file the applications for in an outside India simultaneously.
iv. Chapter II (A) was inserted in the Indian Patent Rules dealing with
International Applications under PCT.
ix. Section 117 provided for Bolar provision for the benefit of
agrochemical and pharmaceutical industry.
The third and final amendment to the Patents Act, 1970 came by way of
Patents (Amendment) Ordinance, 2004, which was later replaced by The
Patent (Amendment) Act, 2005, and Patents (Amendment) Rules, 2006 with
retrospective effect from 1st January, 2005. With the third amendment India
met with the international obligations under the TRIPS. Significant
achievements of this amendment were:
Current Position:
The present Indian position in respect of patent law is governed by the
provisions of the Patents Act, 1970 as amended by the Patents (Amendment)
Act, 2005 (hereinafter referred to as the Act) and Patents Acts Rules, 2006
(hereinafter referred to as the Rules)
The Head Patent Office is located at Kolkata and its branch offices are located
at Delhi, Mumbai and Chennai. Patent system in India is administered by the
Controller General of Patents, Designs, Trademarks and Geographical
Indications. Each office has its own territorial jurisdiction for receiving patent
applications and is empowered to deal with all sections of Patent Act.
Types of Patents
There are three types of patents:
Design patents - issued for a new, original, and ornamental design for an
article of manufacture. In general, this type of patent protects the appearance
of an item. For example, Eyeglasses.
Plant patents - issued for asexually reproduced, distinct, and new variety of
plants. For example, Lavender plant named ‘Belpur’.
Scope of Patent;
A Patent is a grant (in the form of a document) by the Government, given for
disclosing a new invention by an Inventor or a group of Inventors or otherwise
an applicant. Once the Patent is issued, it gives to the Inventor or the
applicant, as the case may be, an exclusive right to sell, manufacture and use
the invention disclosed in the Patent. The legal exclusive right in the Patent
can be exercised by the Inventor/ applicant only in the country which grants
the right. This right can be exercised only for a limited period of time,
normally known as the ‘Term of the Patent’. Therefore, on the expiry of the
Term of the Patent, the invention becomes a public property.
Rights vested on the Patentee.- Patent represent one of the most powerful
Intellectual Property Rights. These rights can be a very important economic
tool if used effectively and diligently. For instance, Patent rights can bring a
substantial income through the manufacture or licensing of the invention
covered in the Patent. Patent also represents a long-term security. Patent
provides a right to the Patentee to prevent a third party from commercially
using the patented invention without the permission of the Patentee.
Role of Patents.- Patent gives the Patentee the right to take legal action to
prevent others from commercially exploiting the patented invention in the
country which grants the Patent without the permission of the Patentee
(Proprietor). The grant of a Patent for an invention however does not
guarantee the merit of the invention disclosed therein. The country that grants
the Patent does not guarantee the legitimacy of the Patent. The Government
does not give any financial or any other award/assistance to the
Inventor(s)/Patentee(s) along with the grant of the Patent. It is left to the
Patentee to commercially exploit the Patent and make profit from it.
To make money.- One has to evaluate the invention and its potential to be
converted into wealth. –
Therefore, the success of a Patent would depend upon the actions taken by the
Patentee. Although the basic purpose of granting a Patent is to encourage
inventive activities, in practice, this system is formulated and revised from
time to time in the context of political, socio-economic and industrial
environment of a nation, so as to safeguard the interests of the nation.
CONCLUSION
Patent law is the branch of intellectual property law that deals with new
inventions. Traditional patents protect tangible scientific inventions, such as
circuit boards, car engines, heating coils, or zippers. However, over time patents
have been used to protect a broader variety of inventions such as coding
algorithms, business practices, or genetically modified organisms. Considering
the significance of Patents and its positive image for the successful enterprises,
there is a plethora of international treaties and national laws to regulate the
process and operation of Patents worldwide
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Bibliography
www.jagranjosh.com
www.google images.com
Intellectual Property Rights by Prabuddha Ganguli