What is a Patent?
A Patent gives its owner the exclusive right to prevent others from making, using, selling, offering for sale, or importing the patented invention in India for a term of twenty years from the filing date of the patent application, subject to the payment of prescribed annual renewal fees after the grant of the patent.
Definition
A patent is a statutory monopoly granted for an invention that is new, involves an inventive step (non-obvious) and is capable of industrial application. In India, patents are governed by the Patents Act, 1970 and are administered by the Controller General of Patents, Designs and Trade Marks.
How DuxLegis can help
This glossary entry is for general education under Indian IP law and is not legal advice. For advice on your specific matter, explore our intellectual property services or speak with an intellectual property lawyer at DuxLegis.