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Author: Shiva Mehta

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Growing up as an Indian, many of us start our mornings either with tea, coffee, or milk.But what we might not have wondered is that the ability to enjoy these beverages,through its key ingredient milk, arrives from a victory within a complicated field ofIntellectual Property Law: Biotechnology Patents. To thank this we need to go way back in 1873, when a microbiologist Louis Pasteurpatented a novel yeast making process; which today we term as pasteurization process.Most of our commercial milk producing...

Introduction Intellectual property is a valuable fiscal and legal asset for businesses, especially start-ups and SMEs. It is widely accepted that intellectual property accounts for more than 80% of a company's worth[1]. As a result, having "clean" possession of any intellectual property (IP) that is vital to the functioning and profitability of the firm is critical. It is commonly understood that the process of valuing a company takes into consideration the firm's intellectual property resources. Start-ups and SMEs with legitimate intellectual property rights...

The Ministry of Commerce and Industry (MCI) on September 21, 2021 issued the Patents (Amendment) Rules, 2021 to further amend the Patents Rules, 2003. Accordingly following amendments are proposed: Rule 2 (ca), which specifies the definitions, a new definition has been inserted, namely:“eligible educational institution' means an institution established by a Central, Provincial or State Act, which is owned or controlled by the Government, and is wholly or substantially financed by the Government.”Rule 7 (1), for the second proviso, the following proviso...