A nation’s ability to convert knowledge into wealth and social good through the process of innovation sets its path towards future growth. With growing liberalization policies IPR protection has gained key concern in the Indian Economy. 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 1st January 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

  • Copyright and Related Rights
  • Trade Marks
  • Geographical Indications
  • Industrial Designs
  • Layout Designs of Integrated Circuits
  • Protection of Undisclosed Information (Trade Secrets)
  • Patents
  • Plant Varieties

Several measures have been adopted to strengthen and streamline the enforcement of IPR Laws. Keeping in view the changes in trade and commercial practices, globalization of trade, need for simplification and harmonization of IPR protection laws and systems an informative handbook offering a comprehensive overview of the IPR laws has been attached for your reference.

Click Here to Download HB on IPR Book Courtsey – CA Rajkumar S Adukia