Intellectual Property Rights Practice in India

The Indian Institute of Corporate Affairs (IICA) has been conceived as a think-tank and research institute in the area of corporate law and allied disciplines, and also as a training organization for officers of the Indian Company Law Service.

IICA has been established by the Indian Ministry of Corporate Affairs for capacity building and training in various subjects and matters relevant to corporate regulation and governance such as corporate and competition law, accounting and auditing issues, compliance management, corporate governance, business sustainability through environmental sensitivity and social responsibility, e-Governance and enforcement etc.

The Institute has been designed with an eye on the future to provide a platform for dialogue, interaction and partnership between governments, corporate, investors, civil society, professionals, academicians and other stake holders in the emerging 21st century environment which has characteristics like:

Law Firms in India

The law firms in India provide full range of corporate and regulatory services to domestic as well as international businesses. These firms have an excellent team of experienced legal professional all across the country to provide effective advisory services on various matters like- mergers and acquisitions; joint ventures & foreign collaborations; special economic zones; setting up business in India; formation of companies, partnerships and limited liability partnerships; winding up and liquidations; debt restructuring; etc. Law firms in India are very sophisticated, buoyant and competent when it comes to quality of delivering work.

Intellectual Property Rights in India

Intellectual property (IP) is any creative work or invention considered to be the property of its creator. Often, intellectual property rights are recognized and protected under the corresponding fields of law. Under intellectual property law, owners are granted certain exclusive rights, such as the ability to publish to various markets, license the manufacture and distribution of inventions, and sue in case of unlawful or deceptive copying.

The importance of intellectual property in India is well established at all levels- statutory, administrative and judicial. India ratified the agreement establishing the World Trade Organisation (WTO). This Agreement, inter-alia, contains an Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) which came into force from January 1, 1995. It lays down minimum standards for protection and enforcement of intellectual property rights in member countries which are required to promote effective and adequate protection of intellectual property rights with a view to reducing distortions and impediments to international trade. The obligations under the TRIPS Agreement relate to provision of minimum standard of protection within the member countries legal systems and practices.

The Agreement provides for norms and standards in respect of following areas of intellectual property.

The Intellectual Property Team ensures that some of the most challenging and path-breaking innovations of the client are protected. This team consists of professionals in the fields of science, technology, business, law and commerce