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Specifics of international private law
Blog, Intellectual Property
December 13, 2021

In today’s global knowledge economy, all businesses irrespective of their size and scale are bound to create ‘intangible assets’ of various kinds and their value may exceed even their ‘tangible assets’. This equally applies to individual IP holders, institutes, SMEs, start-ups as well as other large scale businesses. The valuation of Intellectual Properties and other intangible assets is one of the important concepts of intellectual property (IP) law. The value of an IP is a monetary compensation that is expected...

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Blog
October 9, 2021

The Supreme Court of India via its order dated September 23, 2021, has withdrawn its suo moto extension of limitation period with effect from October 2, 2021. While the court recalled its suo moto order of April 27, 2021 wherein an extension was provided in the woke of second wave of Covid’19 pandemic, the Court held that “In spite of all the uncertainties about another wave of the deadly Covid-19 virus, it is imminent that the order dates 08.03.2021 is...

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Blog, Patent
September 24, 2021

INTRODUCTION (Why Patents?) The Indian law governing and safeguarding inventions is enshrined in the Patents Act, 1970. A patent provides a right to an inventor(s) to exclude others from exploiting the patented invention. Therefore, anyone other than the inventor cannot use, make or sell the patented invention without permission from the inventor. The exclusive right obtained via patenting the said invention will give the right to commercialize the same exclusively and hence higher returns in the market by virtue of having the...

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