The Patents Act, 1970

Summary

Governs the patent regime in India, establishing what is patentable and emphasizing that patents should encourage inventions and not just create monopolies.

Rights & Rules

01.
Exclusive right to prevent third parties from making, using, or selling the patented product in India.
02.
Right to grant licenses to others to use the invention.

Penalties

01.
Imprisonment for up to 2 years for falsifying entries in the patent register.
02.
Fines for claiming patent rights on an item that is not patented.
03.
Compulsory licensing if the patent is not being used to the benefit of the public.

Verified Citations

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