Compliance Check for Sec 206AB & 206CCA
1. What is the legal framework of ‘Compliance Check for Section 206AB & 206CCA’ functionality? Via Finance Act 2021, Section 206AB and 206CCA are inserted…
Patent registration provides exclusive right on your product or process of producing that product. Get your Patent registration done at Taxteam a leading eminent service provider for Patent registration anywhere in India in one Call / Mail / Message.
A Patent is an exclusive right for an invention granted to the patentee, for preventing others, from making, using, selling, importing the patented product or process without his concern.
A Product or process that involves innovative step and capable of industrial application can be patented. However, it must not fall into the categories of inventions that are non- patentable under sections 3 and 4 of the Act.
Registration of Patent will give you exclusive right over the product or the process for a period of 20 years from the date of filing the application.
Registration of Patent in India prevents, persons other than the patentee, from making, using, selling, importing the patented product or process.
Registration of Patent improves the brand image and thereby the patentee enjoys a good reputation in the market.
The patent can be licensed to other enterprises for a monetary value in return. Thereby, the Patentee can earn by licensing out the Patent to others while retaining the rights over it. The Patent can also be sold to other organisation for a monetary value however, the Patentee loses the rights over the Patent in this case.
The following documents are required for Patent registration,
Name and address proof of the applicant is the basic requirement for the registration.
The Patent application in Form 1 is to be submitted.
A complete or provisional specification of patent is required to be submitted at the time of filing.
In case the application is filed by the patent Agent, power of authority to be submitted.
All the Patent documents to be signed by the applicant or patent agent along with name and date.
No. The entire process of registration is online. The hearing proceedings for Patent registration alone will be done at Patent office.
A product or process which involves:
Generally it is not allowed. However, in certain circumstances, the Patent Act provides a grace period of 12 Months from the date of its publication or display in public exhibition.
The following persons can apply for patent registration:
Yes. An application for Patent registration can be withdrawn at any time after its application but before it is being granted. A specific request in this regard has to be made.
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