Tags Form 27

Tag: Form 27

March 19, 2024
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Patent (Amendment) Rules, 2024: Key Changes

The Ministry of Commerce and Industry has, on March 15, 2024, notified the Patents (Amendment) Rules, 2024 to amend the Patents Rules, 2003 (“Amended Rules”), making significant changes to Indian patent practice and procedure. The Amended Rules have already come into effect from the date of publication, i.e., March 15, 2024. ......
November 26, 2020
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New Indian Patent Rules offer benefits to startups and ...

India’s latest series of amendments to its Patent Rules are likely to hugely benefit startups and small entities seeking patent protection for their inventions. With these amendments, overall filing and prosecution fees for startups and small entities have been significantly reduced. ......
November 23, 2020
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Infringement of non-working patents: ‘Clearing the way’...

Indian patent law has a unique requirement under which every patentee and licensee of a granted patent must file a statement detailing the commercial working of patented inventions in India. The recent overhaul of the information required to be submitted under patent working statements (contained in Form 27) invites a reconsideration of the law around non-working of patents. ......
November 11, 2020
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Clear and Simple: India’s new Patent Working Statement

After five decades of remaining unchanged, the unique requirement of the “statement of working” of patents in India has finally received a much-needed overhaul. The amendments to Form 27, under which the statement must be submitted to the Indian Patent Office (IPO) periodically, were notified under Patent (Amendment) Rules, 2020, and came into effect from 19 October 2020. ......
June 12, 2019
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Stricter Timelines and an ambiguous Form 27 part of the...

The Patent Rules, 2003 are proposed to be amended by Draft Rule 21 Sub-rule (2) and Sub-rule (3), Draft Rule 131 Sub-rule (2), and updated Form-27. Draft Rule 21 Sub-rule (2) reduces the high cost previously borne by applicants for the translation of priority documents. This Draft Rule restricts the requirement for submitting verified English translations of priority documents in accordance with Rule 51bis.1(e) of regulations under the Patent Cooperation Treaty (PCT). ...
June 5, 2019
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Commercial working statement proposed to be overhauled ...

In its latest proposed amendments to the Patent Rules, 2003, the government of India has proposed to overhaul the antiquated Form 27 (which seeks details of the commercial working of patents), among other procedural clarifications. ...

PROTECTING FOREIGN INVESTORS: A FINE BALANCE

In a recent judgement, the Supreme Court ("SC") emphasised on the importance of protecting foreign investments while upholding the rule of law which states that a person is innocent until proven guilty. ...

Served or received, that is the question: an Indian trademark dilemma resolved

In a recent decision, the Delhi High Court highlights critical issues surrounding the service of notice in trademark proceedings. ...

SELF REGULATION IN THE DIGITAL AGE: INDIA’S NEW SELF REGULATORY FRAMEWORK FOR INFLUE...

In recent years, there has been a rapid expansion in the influencer marketing landscape in India, where social media influencers promote products and services across various platforms. This surge has led to challenges surrounding transparency, accountability, and consumer protection. ...

HYPERLINKING A DEFAMATORY ARTICLE: DEFAMATION OR NOT?

In a recent judgment , the Delhi High Court ("Court") has examined whether hyperlinking to alleged defamatory content would amount to republication and therefore give rise to a fresh action for defamation under Section 499 of the Indian Penal Code, 1860. ...

SEBI’s proposed amendment may allow start-up founders to retain ESOPs even after IPO...

The Securities and Exchange Board of India (“SEBI“) issued a consultation paper dated March 20, 20251 (“Consultation Paper“), proposing certain amendments to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SBEB Regulations“), and inviting comments from the public on the same. ...

The Ghibli Effect: Blurring the Lines between Creativity and Copyright

The Ghibli-style trend sweeping through social media has raised key questions around copyright infringement, as discussed in this note. ...

Understanding the Consequences of Negligence in Patent Practices in India

The Controller General of Patents has ordered the removal of a patent agent from its register, following a committee report on his professional misconduct. The report was made following directions from the Delhi High Court in a case where the applicant raised concerns about their agent. ...

Beneficial Ownership Disclosure: Navigating Compliance Challenges in India

In today's world, transparency in business ownership is no longer optional—it is essential and moreover mandatory. The increase in economic crimes such as money laundering, tax evasion, and misuse of corporate structures has prompted regulators around the globe to tighten disclosure norms. ...

The RBI Updated Master Directions on Foreign Investment for 2025

On January 20, 2025, the Reserve Bank of India ("RBI") introduced significant updates to its master directions on foreign investment in India ("Master Directions"). This move aims to provide clarity on various regulatory aspects, particularly concerning downstream investments by Foreign-Owned or Controlled Companies. ...