2. How are industrial disputes related to intellectual property rights settled in India? Explain the existing institutional mechanism. (10 Marks)

भारत में बौद्धिक संपदा अधिकारों से संबंधित औद्योगिक विवादों का निपटारा कैसे किया जाता है? मौजूदा संस्थागत तंत्र की व्याख्या करें।

Approach

Students are expected to write about the IPR and disputes arising out of it. Then simply highlight the mechanism in India to resolve the such disputes with examples and write about existing institutions mechanism to handle the cases. 

Introduction

Intellectual Property rights means providing property rights through patents, copyrights, and trademarks. Holders of intellectual property rights have a monopoly on the usage of property or items for a specified time period. And IPR disputes predominantly pertained to infringement/ enforcement actions against parties with no contractual obligations.

Body

Institutions:

Conclusion

India has made a number of changes in its IPR regime to increase efficiency and has cut down the time required to settle disputes. The culture of innovation is taking centre stage in the country. An efficient and equitable intellectual property system can help all countries to realize intellectual property’s potential as a catalyst for economic development and social & cultural well-being.

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