National Strategy for Artificial Intelligence (AI), Flash Electronics India sues Royal Enfield, Hague Agreement and more

“Niti Aayog proposes ‘National Strategy for AI’, Flash Electronics, India files infringement suit against Royal Enfield, China in talks to join The Hague Agreement, Republic of Estonia celebrates 100th Anniversary of the Estonian Patent Office, Joint study by EPO and EUIPO explains why SME’s who implement IP show better growth and more patent news” presented by the Patent attorneys and experts of BananaIP Counsels, India’s leading Patent Firm. Quote of the Week “Obtaining and maintaining a patent is a lot like playing chess, strategy is often the key” – Gaurav Mishra, BananaIP Counsels Indian Patent Statistics A total of 923 patent applications have been published...

21 May 2019

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What is the Value of Your IP?

Posted by BananaIP Reporter

in Intellectual Property, Patents

Original Date of Publication: September 6th, 2010 Unlike five years ago, many Indian companies in today believe that Intellectual Property (IP) adds value to their business interests. They have been aggressively protecting their IP and are asking what their IP is worth. They are not content with the answer of attorneys that revolves around exclusivity, competitive advantage, market share, price margins and so on. Companies would like to know if their IP really has value in terms of money. Determining the value of IP in terms of money is called IP Valuation. Valuation of IP is very tricky due to the uncertainities...

20 May 2019

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Voting Machine Patent, Delhi High Court restrains Natco, Samsung and Huawei settle patent dispute and more

Posted by BananaIP Reporter

in Intellectual Property, Patents

“Indian elections and Patents on voting machines, Delhi High Court restrains Natco from manufacturing cancer drug, Samsung and Huawei end eight - year long patent dispute, Novartis thwarts attempt to invalidate its cancer drug in US and more patent news” presented by the Patent attorneys and experts of BananaIP Counsels, India’s leading Patent Firm. Quote of the Week “Ideas in your mind have no patent value. They must be expressed or reduced to practice before it is too late” – Dr. Kalyan C. Kankanala, Author, Professor and Leading IP Attorney Indian Patent Statistics A total of 1034 patent applications have been published in the 20th issue of...

20 May 2019

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DNA of a Patent Search

Posted by BananaIP Reporter

in Intellectual Property, Patents

Original Date of Publication: 17th May, 2010 A patent search, in simple words, is an exercise of mining granted patents and published patent applications (patent documents) that are related to a subject matter of our interest. A patent search helps in making decisions under various scenarios. It helps determine, patentability of a subject matter, freedom to operate and validity of a patent, among others. More often than not, a patent search is conducted to determine patentability of a subject matter for which we wish to file for a patent. Even though a patent search may never be exhaustive to an extent that...

19 May 2019

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GI for Tirupathi Laddu: Whose Interests are Protected?

Posted by BananaIP Reporter

in Copyrights, Geographical Indications (GI), Intellectual Property, Trademarks

Original Date of Publication: March 16th, 2010 The Tirumala Tirupathi Devasthanams (TTD) trustees of world’ richest temple on Tirumala Hills secured Geographical Indication (GI) Registration for sacred Laddu Prasadam, from Indian Patent Office, Chennai, recently, raising many eyebrows. It is criticized as its latest manifestation of brazen commercialization of divine abode. Ironically, sacred Tirupathi Laddu now joins the company of goods like Darjeeling Tea, Goa Feni, and Champagne wine etc. What hurts devotees is the way Prasadam is reduced to a commercial product. What is GI? The Geographical Indication of Goods (Registration & Protection) Act, 1999 has been made to secure the...

18 May 2019

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Do’s and Don’ts for an Employment Agreement

Posted by BananaIP Reporter

in Intellectual Property, IP for Start Ups, Privacy / Data Protection

Original Date of Publication: November 26th, 2009 Do’s 1. Define the ownership of Intellectual Property created during the term of employment clearly. 2.Clearly state the extent to which IP will be transferred to the employer. 3. Ensure that Employee is obliged to execute all necessary documents and assists the Employer in transferring any Intellectual Property created by him during his employment to the Employer. Also incorporate provisions requiring employee's co-operation with respect to prosecution and litigation. 4. Ensure that Employee is obliged to refrain from using third party Intellectual Property without the permission of the Employer. Incorporate necessary safeguards in case of such a use...

18 May 2019

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Do’s and Don’ts for a Non Disclosure Agreement

Posted by BananaIP Reporter

in Intellectual Property, IP for Start Ups, Privacy / Data Protection

The image depicts the scrabble letters of 'start'

Original Date of Publication: November 26th, 2009 Please note that the Do's and Don'ts provided hereunder are broad and non-exhaustive guidelines. Kindly consult a lawyer for specific advise. Do’s 1. Define the meaning of the term Confidential Information to cover all kinds of information that may be disclosed. Exclusions to confidential information may be included within the definition. 2. The purpose for which confidential information is provided must be lucidly stated in the agreement. 3. The parties permitted to access the confidential information must be clearly provided. 4. Ensure that the person receiving the confidential information is under obligation to sign stringent instruments of confidentiality...

16 May 2019

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