Standards/ TBTs / IPR-Market Access
Govt., in exercise of the powers conferred upon it under Section 159 of the Patents Act, 1970 has passed the Patents (Amendment) Rules of 2020 (“The Rules”) on October 19, 2020. The Rules modify Form 27 of the Act through which statements regarding the working of patented invention on a commercial scale in India have to be filed by Patentees or Licensees. According to the amendment to Rule 131(2), the statement regarding the workings of the Patent have to be filed once in every financial year, within six months from the expiry of such financial year, due to which the due date for filing the same would be September 31st of every financial year.
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