Indian Company Master Data Made Simple

Skip to main content

Patent

3 min read

Quick Summary

A patent is an exclusive right granted for an invention which is a product or process that provides a new way of doing something or offers a new technical solution to a problem.

A patent is a form of intellectual property that gives its owner the legal right to exclude others from making, using, selling, and importing an invention for a limited period, usually 20 years.

Types of Patents in India

  • Ordinary Patent: Standard application filed in India
  • Convention Patent: Based on foreign application filed within 12 months
  • PCT National Phase: Based on international PCT application

Requirements

  • Novelty: Must be new, not disclosed publicly
  • Inventive Step: Must not be obvious to skilled person
  • Industrial Applicability: Must be useful and capable of manufacture

Patent Process

  • Patent search and drafting
  • Filing application with Indian Patent Office
  • Publication after 18 months
  • Request for examination within 48 months
  • Examination and first examination report
  • Response to objections
  • Grant or refusal

Term and Renewal

Patent is valid for 20 years from filing date. Annual renewal fees must be paid from 3rd year onwards.

Key Points

  • Exclusive rights for 20 years
  • Must be novel, inventive, and useful
  • Filing with Indian Patent Office
  • Examination within 48 months of filing
  • Annual renewal fees from 3rd year
  • Can license or assign patent rights