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Intellectual Property

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On 13th February 2021, the Government of India introduced a bill in the Lok Sabha that was titled as the Tribunals Reforms (Rationalization and Conditions of Service) Bill, 2021. Through the introduction of this Bill, the Government is seeking to abolish various tribunals (including the Intellectual Property Appellate Board) and transfer their functions back to the country’s High Courts. The introduction of the said Bill was quite unprecedented and sudden as it was introduced in the Parliament without consultation with...

Intellectual Property has witnessed tremendous growth and expansion in past 2 decades. Not only has its awareness increased, but it has also entered in unconventional fields which we could not have thought of before 10-15 years. This idea can be derived from the most basic/fundamental example of a computer which once occupied a whole room and has now come on our palms and at our finger tips. AI is not confined to labs but has come to our homes in...

Creation of Intellectual Property and maximizing its value have become vital for survival and success of businesses today. Though the derivation of benefits of such value can be done in multiple ways, Licensing of Intellectual Property has emerged as a very effective means for commercialization of Intellectual Property assets. IP licensing not only favors the IP owners but also is advantageous to those who wish to acquire latest and required technology/ established trade mark without investing huge amounts into research,...