LexOrbis is a premier full-service IP law firm with 270 personnel including 130+ attorneys at its three offices in India namely, New Delhi, Bangalore and Mumbai. The firm provides business oriented and cost-effective solutions for protection, enforcement, transaction, and commercialization of all forms of intellectual property in India and globally. The Firm has been consistently ranked amongst the Top- 5 IP firms in India for over the past one decade and is well-known for managing global patent, designs and trademark portfolios of many technology companies and brand owners.
A patent is a statutory right granted by the government subject
to fulfilling certain criteria. Though the subject matter of
protection differs depending on the industry, the common rules for
all inventions are that they should be novel, non-obvious and
applicable to the industry. A patent also provides the legal basis
for monopoly in the commercialization of a product or process.
Previously published in India Business Law Journal
The content of this article is intended to provide a
general guide to the subject matter. Specialist advice should be
sought about your specific circumstances.
