Patent

 PATENT

patent

A patent is an exclusive right for any new invention of an Inventor which is being given by the government after submission of the description by the Inventor. Through this authorization, he has an exclusive right to produce, manufacture and sells his product. However, the authorization is provided for a limited period of time and he has to publically disclose his invention. A patent is governed by the Patent Act of 1970. The authorization is granted to provide protection to the invention of the inventor. A patent can a process, service or product which shall be an original invention and it provides protection from the competitors.

REQUIREMENT

It orders to recognize anything patent some requirements needs to be fulfilled which are as follows

  • Novelty:

The invention of the inventor must novel in nature. This simply means that it should be new and shall never been seen, made or used by anyone else. It should contain the characteristic which never been brought in the knowledge of the public. This is also known as Prior Art.

  • Inventive Step:

The invention made or produced by the inventor should involve inventive steps ie., it should be something original and new. It should not be any art which is already known to the public. It is something which an ordinary person having skilled and good knowledge cannot create or produce.

  • Industrial Application:

Now, this is a very important step, the invention of the inventor must have an industrial application. It is something that can be created or used by the industry.

  • Patentable matter

Further, it is to be noted that the invention of the inventor must be patentable in accordance with the law.

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SERVICES PROVIDED BY US:

Foreign Investment in IndiaSetting-up of Business in India |Virtual CFOVirtual General CouncilIncome Tax | GST Registration & Returns | Company Registration | LLP Registration |NGO| Company Annual Compliances | Drafting & Vetting of Agreements |Opinion & Advisory on Different Issues| FSSAI Licenses| ESI & EPF | ISO certification |Shop & Establishment Registration |MSME Registration| SEIS/MEIS Services| DGFT| Legal Notices

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