Introduction
The patent has its origin from Latin word "Patene" which means "To Open"
The patent is a legal grant of monopoly right for some fixed term to the creator of new and useful invention in return of his disclosing the invention.
Case Study
M/S Bishwanath Prashad Radhey Shyam
V/s
Hindustan Metal Industries
Object of Patent Law
- To Encourage scientific research
- New technology and Industrial progress
- Grant of excusive privilege to own
- New invention of commercial Utility
Protection for 10 Years from the date of application.
Rights and Obligations of Patentee:
- Right to exploit patent.
- Right to License.
- Right to assign.
- Right to surrender.
- Right to issue duplicate.
- Right against infringement.
- Duty to Disclose.
- Duty to request for remuneration.
- Duty to respond objections.
- Duty to clear objections.
- Duty to pay statutory fees.
Procedure for Obtaining Patent.
> Invention Disclosure
> Potentiality Search
> Fix an Application
> Patent Drafting
>Filling the patent Application
>Request for examination
> Respond to objections
> Grant of Patent
> Renewal of Patent
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