Intellectual Property Right (IPR)

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“Intellectual Property Rights (IPR) are legal rights granted to individuals or organizations over their creations or inventions, enabling them to protect and control the use of their intellectual work. These rights include patents, trademarks, copyrights, designs, and trade secrets, and they ensure that creators can benefit financially and morally from their innovations and original works. IPR promotes innovation by giving creators exclusive rights for a certain period, thereby encouraging investment in research, development, and creative activities.”

Intellectual Property Right (IPR) Trade

The domain of intellectual property (IP) is vast. But it’s essential to have a good understanding of the most common rights that are offered through IP protection. The most commonly applied for are:
  • COPYRIGHT:
Copyright is a right given by the law to creators of literary, dramatic, musical and artistic works and producers of cinematograph films and sound recordings. Copyright does not protect brands or names, short word combinations, slogans, short phrases, methods, plots or factual information. Copyright also does not protect ideas or concepts. Therefore, copyright is mainly used to protect the creativity of writers, artists, designers, dramatists, musicians, architects and producers of sound recordings, cinematograph films and computer software.
  • PATENT
Patent is an exclusive right for an invention provided by the law for a limited time to the Patentee. By patenting an invention, the patentee is able to control the making, using, selling or importing of the patented product or process for producing that product without his/her consent. An invention relating either to a product or process that is new, involving inventive step and capable of industrial application can be patented in India.
  • TRADEMARK
Trademark is a visual symbol which may be a word signature, name, device, label, numerals or combination of colours used by one Enterprise on goods or services or other articles of commerce to distinguish it from other similar goods or services originating from a different undertaking. Hence, trademarks are mostly used to protect brand names, business names, slogans and more.
 
 
Copyright Patents Trademark
Governed Under The Copyright Act, 1957 The Patents Act, 1970 Trade Marks Act, 1999
Types of Protection & Works Protection of original creative expressions like literary works, artistic works, dramatic works etc. Protection of inventions that are novel, original and has industrial utility. Protection of unique name that makes a brand distinct from other. Can include name, slogans, logo, shape, colour etc.
Provisional Application Requirement No provisional application required. A provisional application gets you 12 months of time to file a complete specification, and a priority date claim. Trademark registration does not include provisional application, but it requires a trademark search.
Symbolic Representation No symbolic representation to show registration. No symbolic representation to show registration. Used when registration is in process: ™ Used when registration is complete: ®
What’s Protected? Under this Original works of authorship such as books, articles, songs, photographs,
sculptures, choreography, sound recordings, motion pictures, and other works.
Inventions, such as processes, machines, manufactures, compositions of matter as well as improvements to these. Any word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others.
Requirements to be Protected A work must be original, creative, and fixed in a tangible medium. An invention must be new, useful, and nonobvious. A mark must be distinctive (i.e., that is, it must be capable of identifying the source of a particular good)
Term of Protection Author’s life plus 70 more years. 20 years. 10 years can be made perpetual by renewing the trademark every 10 years.
Rights Granted Right to control the reproduction, making of derivative works,
distribution, and public performance and display of the copyrighted works.
Right to prevent others from making, selling using, or importing the patented invention. Right to use the mark and to prevent others from using similar marks in a way that would cause a likelihood-of-confusion about the origin of the goods or services.

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How do I register for a trade mark?

In India, registering a trademark is done through the Indian Trade Marks Registry (TMR), you must first conduct a trademark search then file an application for registration, one submitted, the TMR will review it and issue a trademark registration certificate if the application is accepted. Register your Trademark with FinAccy to access our expertise.

The cost of registering a trademark in India varies depending on the class of goods or services associated with the trademark.

A normal registered trademark is valid for ten years, the owner must renew their registration.

No, any trademark registered in India will be valid only in India. However, some countries use the trademark filing in India as a basis for registering the trademark in their country.

Trademark application can be filed with the trademark registry in a matter of 1 – 3 days. However, it will typically take 6 to 24 months for the registry to complete their formalities and provide registration for the trademark.

The TM mark can be used along with the trademark once the trademark application is filed with the Controller General of Patents Designs and Trademarks.

The ® mark can be used once the trademark application is approved by the Controller General of Patents Designs and Trademarks and trademark registration is provided.

Registered trademarks are valid for 10 years from the date of filing. The owner of the mark can file for renewal to keep the trademark protection current prior to the end of its validity.

A copyright registration does not protect the titles or names, short words, slogans, or any phrases. Only original literary work can get copyright registration.

Trademark registration protects the brand name, logo the slogan whereas copyright protection is provided to literary works, music, videos, slogans, and artistic contents.

Once obtained copyright registration has a validity of 60 years. In case it is literary, drama, music works the 60-year validity is considered from the death of the author. But in the case of the films, sound recording, photographs the 60-year validity period is considered from the date of publication.

According to the Berne Convention, copyright obtained in India will get the status of foreign workers and the copyright protection is extended to the countries which are signatories to the Berne Convention.

Is it possible to sell or transfer Copyright registration?

With the consent from the owner of the work, the copyright registration can be sold, transferred, gifted as well as franchised.

The holder can translate, reproduce, adapt, create the work, and also to the right to be credited for his contribution, a right for who can adapt the work to other forms.

A copyright registration can be obtained in around 6-8 months considering factors like objection etc.

Both Published as well as unpublished work can be registered, in case work is already published the details of the publishing are to be furnished with the application.

Yes, in case of any discrepancy or incomplete documents a copyright registration may get rejected.

Any person or a business entity can obtain copyright registration. An individual can be an author, creator, musician, photographer, producer, painter, composer, or company.

An individual or firm obtains the intellectual property right of an invention, the patent right grants full rights over making, using, selling, or importing the products and services and also restricts others from doing so.

Following steps need to be followed to obtain patent registration. Patentability/ Novelty research Drafting the patent application Patent application filing Patent application publication Examination report issuance Granting the patent. Register your Patent with FinAccy to access our expertise.

The following can obtain patent registration: Art, process, method, or manner of the manufacture Machine, apparatus Any products produced by manufacturing Computer software with technical application and even product paten for food, chemicals, medicines or drugs.

Patent registration is valid for 20 years.

Patent registration application should include the details of the invention in the form of a CD or a pen drive that has mentioned the name, the uses, and the data of the invention.

As every year many inventions are patented, many of them are rejected as they are infringed. A patent search is advisable to save time and effort.

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