Section 115BBF of the Finance Bill, 20161 introduced the Patent Box Regime in India. Patent Box Regime is an effort which enables an inventor to benefit through tax concessions on the royalty income. The first country to enforce it was Ireland and hence, the name is derived from its tax form.
Need for the Patent Box Regime in India
The existing regime which provided front end incentive was not sufficient to encourage patenting and innovations in […]
On Monday June 3, 2019, Kawhi Leonard (“Kawhi”) filed a lawsuit against Nike in the U.S. District Court for the Southern District of California in an attempt to reclaim ownership of a logo deemed the “Klaw.” The lawsuit alleges that Kawhi created the Klaw shortly after being drafted in 2011.
The unique logo is the outline of Kawhi’s hand, which is embedded with elements that are meaningful to him, including his initials, KL, and his […]
Industrial Property Law numbered 6769 (“IP Law”) has come into force after being published in the official gazette on January 10, 2017 and numbered 29944.
Some of the most notable changes brought by IP Law in the new Patent system are as following:
Post-grant opposition proceedings:
The notable improvement is that a post-grant opposition system is brought by the new IP law in line with the system ruled in Article 99 EPC. The existing Decree Law numbered 551 […]