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India Patents
By Joseph Mani


Speed Boat Insurance
People purchase pleasure crafts so they can enjoy the thrills and spills of life on the open water. From yachts to dinghies, jet skis to speed boats the love affair with water can be enjoyed with many vessels. Some like the calm serenity that sailing can offer whilst others like the thrills that Speed Boat Insurance racing speed boats can give. If you are the fast and furious type that loves to take your speed boat out Speed Boat Insurance on the water you`ll want to protect your prized vessel Speed Boat Insurance from accidental damage.


India - Patents (Amendment) Act, 2005

The Government of India has met the December 31 deadline for complying with its obligation to World Trade Organisation (WTO) under TRIPs agreement, by promulgating an Ordinance – The Patent (Amendment) Ordinance, 2004 followed by the Act – Patent (Amendment) Act, 2005.

Under TRIPS, India was required to introduce product patent where only process patent was permitted. Procedural changes were also required to be made as per Patent Co-operation Treaty ( PCT). The new Act ensures adequate safeguards against misuse of patent rights and vests enough power with the Government to intervene and ensure that patented inventions are available for the public at an affordable price.

In nutshell, the most important changes are:

Product Patent can be issued in respect of food, drugs and chemicals. Provisions of `process patent` for these goods abolished.

Provisions in respect of EMR (Exclusive Marketing Rights) abolished.

Computer software per se is not patentable, but in combination with or embedded in hardware is patentable.

Provision of `acceptance of specification` and its advertisement have been deleted.

Provision for pre-grant and post-grant opposition to the granting of a patent.

Application for patent will be published in Official Journal. At that time opposition can be made on limited grounds but hearing is not mandatory.

After grant of patent, opposition can be made within 12 months.

Provision of sealing of patent omitted.

Provision for acquisition of patent for public health purposes.

Suit for infringement of patent cannot commence before date of publication of publication of the application.

Penalties enhanced substantially.

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