what is ASSIGNMENT of a PATENT under Section 68



Posted on 05-05-2016        By ADMIN



what is ASSIGNMENT of a PATENT under Section 68

                        Patenteecan assign, licence, mortgage or create interest in his rights in favour of anyother person. However, to make such assignment etc, valid, - the agreement mustbe in writing.

                        Thedocument - containing all terms and conditions governing Rights and Obligations- must be filed alongwith application - in prescribed form within 6 months -from the date of execution of the document (or) within such FURTHER period -NOT exceeding 6 months - in the aggregate as the CONTROLLER allows. Thedocument, when registered, is effective - from the date of execution of thedocument.



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