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What is the Value of Your IP?

Original Date of Publication: September 6th, 2010 Unlike five years ago, many Indian companies in today believe that Intellectual Property (IP) adds value to their business interests. They have been aggressively protecting their IP and are asking what their IP is worth. They are not content with the answer of attorneys that revolves around exclusivity, competitive advantage, market share, price margins and so on. Companies would like to know if their IP really has value in terms of money. Determining the value…

BananaIP Reporter Intellectual Property, Patents May 21, 2019 758Views 0Like

Voting Machine Patent, Delhi High Court restrains Natco, Samsung and Huawei settle patent dispute and more

“Indian elections and Patents on voting machines, Delhi High Court restrains Natco from manufacturing cancer drug, Samsung and Huawei end eight - year long patent dispute, Novartis thwarts attempt to invalidate its cancer drug in US and more patent news” presented by the Patent attorneys and experts of BananaIP Counsels, India’s leading Patent Firm. Quote of the Week “Ideas in your mind have no patent value. They must be expressed or reduced to practice before it is too late” –…

BananaIP Reporter Intellectual Property, Patents May 20, 2019 899Views 0Like

DNA of a Patent Search

Original Date of Publication: 17th May, 2010 A patent search, in simple words, is an exercise of mining granted patents and published patent applications (patent documents) that are related to a subject matter of our interest. A patent search helps in making decisions under various scenarios. It helps determine, patentability of a subject matter, freedom to operate and validity of a patent, among others. More often than not, a patent search is conducted to determine patentability of a subject matter for which…

BananaIP Reporter Intellectual Property, Patents May 20, 2019 932Views 0Like

GI for Tirupathi Laddu: Whose Interests are Protected?

Original Date of Publication: March 16th, 2010 The Tirumala Tirupathi Devasthanams (TTD) trustees of world’ richest temple on Tirumala Hills secured Geographical Indication (GI) Registration for sacred Laddu Prasadam, from Indian Patent Office, Chennai, recently, raising many eyebrows. It is criticized as its latest manifestation of brazen commercialization of divine abode. Ironically, sacred Tirupathi Laddu now joins the company of goods like Darjeeling Tea, Goa Feni, and Champagne wine etc. What hurts devotees is the way Prasadam is reduced to a…

BananaIP Reporter Copyrights, Geographical Indications (GI), Intellectual Property, Trademarks May 19, 2019 3084Views 0Like

Do’s and Don’ts for an Employment Agreement

Original Date of Publication: November 26th, 2009 Do’s 1. Define the ownership of Intellectual Property created during the term of employment clearly. 2.Clearly state the extent to which IP will be transferred to the employer. 3. Ensure that Employee is obliged to execute all necessary documents and assists the Employer in transferring any Intellectual Property created by him during his employment to the Employer. Also incorporate provisions requiring employee's co-operation with respect to prosecution and litigation. 4. Ensure that Employee is obliged to refrain from…

BananaIP Reporter Intellectual Property, IP for Start Ups, Privacy / Data Protection May 18, 2019 940Views 0Like

The image depicts the scrabble letters of 'start'

Do’s and Don’ts for a Non Disclosure Agreement

Original Date of Publication: November 26th, 2009 Please note that the Do's and Don'ts provided hereunder are broad and non-exhaustive guidelines. Kindly consult a lawyer for specific advise. Do’s 1. Define the meaning of the term Confidential Information to cover all kinds of information that may be disclosed. Exclusions to confidential information may be included within the definition. 2. The purpose for which confidential information is provided must be lucidly stated in the agreement. 3. The parties permitted to access the confidential information must…

BananaIP Reporter Intellectual Property, IP for Start Ups, Privacy / Data Protection May 18, 2019 1270Views 0Like

This image reads original and has been used to denote originality in industrial designs.

Industrial Designs -Design Protection & Originality

When it comes to registering industrial designs there is a lot of confusion as to what can be registered, and what cannot. Although it is clear that industrial design covers the aesthetic appearance of an article, there are certain standards that the article must qualify to be registerable subject matter. Section 4 of the Designs Act, 2000, already lists out the basic requirements for a design to be registered. In addition to this there are also a catena of common…

BananaIP Reporter Industrial Designs, Intellectual Property May 17, 2019 2284Views 0Like

SC Issues Notice to Govt over Regulation of Online Streaming Services, CBFC Replaces Bottle with Bouquet, SCOTUS Allows Suit Against Apple, Getty Sues ‘Her Campus’, and more

SC Issues Notice to Govt over Regulation of Online Streaming Services, CBFC Replaces Alcohol Bottle with Bouquet and Cuts Violence in John Wick 3, ‘Student of the Year 2’ Leaked on TamilRockers, US Supreme Court Allows Monopoly Suit Against Apple, Adobe Warns Users of Possible Copyright Infringement by Old Cloud Software, Getty Sues Online Magazine ‘Her Campus’ for Copyright Infringement, Eminem Loses Appeal for Enhance Damages in New Zealand, Photographer Sues Ariana Grande for Instagram Post, Google Volunteers in Australia’s…