Patent is one of the most Significant right which ensures that your Intellectual property is Protected. The owner with a granted Patent can enjoy the absolute right.
A patent is an exclusive right awarded for an invention. Technical details concerning the innovation must be made public in a patent application in order to obtain one.
According to the Patent Act of 1970, the owner of an invention must have it patented. Certain rights are granted to the patentee upon registration of the patent.
A Patent is valid for a duration of 20 years. The patent’s lifespan cannot be extended in any way. When a patent’s protection period is up, the invention.....
"A patentee is a person who is listed in the patent register as the current grantee or proprietor of a patent. The term “Patentee” refers to the individual to whom the patent has been granted.
When the new invention is a product, the Patentee has the only right to use, manufacture, import, or sell it in India for certain connected uses.