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The Path to a Greener Future: Understanding Sustainable Development

The Path to a Greener Future: Understanding Sustainable Development In an era where environmental challenges and resource depletion are becoming increasingly evident, the concept of sustainable development  has gained significant importance. Sustainable development aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. This blog post will explore the principles, goals, and strategies of sustainable development, highlighting its critical role in ensuring a balanced and healthy future for our planet. "Transforming our world: The path to sustainable development." What is Sustainable Development? Sustainable development  is a holistic approach that integrates economic growth, environmental protection, and social equity. It seeks to create a harmonious relationship between human activities and the natural world, ensuring that resources are used efficiently and responsibly.  Definition: The most widely recognized de...

Topic 4: Rights of Patentee

RIGHTS OF PATENTEE

The purpose of applying for a patent is to seek an exclusive right to use the invention; the right to manufacture the invented product and market it. An inventor or patentee can exclude others from exercising such rights only when he files application for a patent and a patent is granted to him.

Rights of patentee under the Act are:

1. Right to exploit the patent: Section 48 confers the right to exploit the patent on the patentee or his licensee or his assignee or his agent when such a right is exercised within the conditions imposed by section 47 of the Act.
2. Right to license: Section 70 of the Act, confers inter alia the right on a grantee or proprietor of a patent to grant license. For instance, a patentee of invention of new DVD system has a right to license his right to another party to make and sell the system in a particularly assign his patent and should be registered.
3. Right to assign: Section 70 also confers on the patentee the right to fully or partial assign his patent to another or others. Such assignment and licensing should always be in writing in express agreements and should be registered.



4. Right to surrender the patent: Section 63 provides that a patentee may, at any time by giving notice to the controller, offer to surrender his patent. The controller before accepting the offer of surrender, publishes the offer in India to give opportunity to the parties having any interest, for instance licenses, to oppose the offer of surrender.
5. Right to sue for infringement: Patentee, his assignee, licensee or agent has the right to institute a civil suit in a court not lower than the District court in case of any infringement.

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