The year 2023 has been a significant year for patents in India. We have witnessed significant growth in the patent filing. As per a report prepared by NASSCOM, the fiscal year 2022 recorded the highest annual increase during the last decade, by 13.6%. There is a rise in domestic filing by 4.44% of the total […]
Artificial Intelligence vs. Copyright Law: What’s The Future?
It’s exciting to see how quickly artificial intelligence is changing the working scenario in the creative industry. With AI-powered tools for video editing, graphic design, and even music production, the possibilities for innovation are endless. As AI becomes more sophisticated, we expect more seamless integration with creative workflows, resulting in faster and more efficient projects. […]
Government Proposes Amendments In Indian Patents Rules – Highlights
The Draft Patents (Amendment), Rules, 2023 (Draft Rules), which are the body in charge of enforcing Indian IP rules, were released on August 22, 2023 by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry. The DPIIT has requested feedback from the stakeholders on the Draught Rules, which aim […]
Delhi High Court Recognises Registered Trademark “GM” In The Electrical Industry
The GM Modular Pvt Ltd. petitioned to cancel the trademark “GMT”. It is registered under class 9 in the name of Mr. Gopal Shinghal. The Issue The petitioner claimed its commercial activities include producing and trading switches, appliances, and other linked and connected products. According to the petitioner, the mark “GM” in word and label […]
Is IP Financing Rules In India Going Boost Funding and Benefit Startups and MSMEs
With the increasing awareness of intellectual property among the MSMEs, startups and businesses in India, the proper valuation framework for intellectual property is required. This is necessary to facilitate IP financing, making space for newer and progressive financial instruments. The Department of Promotion of Industry and Internal Trade (DPIIT) is eyeing to devise a system […]
Madras High Court Allowed The Appellate Order Filed By Gold Medal Pipe By Sending It To Trademark Registrar For a Merit-Based Decision
Gold Medal Pipe filed an appeal before the Madras High Court against the order passed on 09th August 2019; regarding the appellate’s trademark registration in class 19 concerning the non-metallic building materials, non-metallic rigid pipes for buildings and similar products. The appellant’s opposition was assumed to be abandoned by the impugned order, even though the […]
The Trend Of Patent Registration in Booming Health-Tech Industry: Post-Covid 19 Era
According to information from the 2021–22 IP India Annual Report, 66,440 applications were filed in India, which is 7,937 more than were submitted the previous year (58,503). The Minister of Commerce last year praised the DPIIT for “strengthening” the IP regime and “fostering innovation” and noted the trend of rising patent applications and eventual grants.
Famous Brands That Faced IPR Issues in India During the First Half Of 2023
While 2023 is being an influential year for the intellectual property rights in India, such as a surge in trademark registration and patent registration and initiatives to improve and speed up the examination procedure and it has been a challenging year even for the top IPR lawyers in India, as several well-known brands approached the Court with trademark infringement claims.
AI in IP: Combating The Grey Areas
In the present world, one must proactively protect the company’s IP. This can be begun by researching the different types of IP protection available, such as patents, trademarks, and copyrights, or you may also consult with the IPR lawyers to ensure that the company’s IP is protected in every manner.
Is 2023 Going To Prove Itself a Significant Year For Patents in India
The budget 2023-2024 allocated INR 281.60 crores for the IP ecosystem, covering the copyright office and Controller General of Patents, Designs and Trade Marks. The 15% enhancement in funds is allocated to further nourish the Intellectual Property Rights Policy Management, Intellectual Property Appellate Board (IPAB) and infrastructure development in Controller General of Patents, Designs and Trade Marks.