Adopting good house keeping practices is a prerequisite to efficient management of patents. To avoid costly mistakes while prosecuting and maintaining patents, it is necessary to have an organized, yet simple systems for file management and docketing. Being jurisdictional in nature, seeking protection for every invention involves filing and managing multiple patents in multiple countries. Furthermore, most patent strategies adopted by companies to manage the lifecycle of their product involve filing multiple patents covering different aspects of the same invention…
On 16th January, 2016, Prime Minister of India unveiled the Government's Start-Up policy. The primary objective of the policy is to promote economic growth and employment opportunities. To promote a culture of starting up, the Prime Minister announced the following among others:
Three Year Tax cuts for Start-Ups, which are started after March, 2016;
Quick start and quick closure of start-ups. It was announced that one can start in a day and close in 90days;
Self-attestations for…