Centre Appoints Justice Suresh Kumar Gupta as Chairperson of Appellate Body for Financial Professionals
In a recent development, the Centre has named Justice Suresh Kumar Gupta, a former judge of the Allahabad High Court, as the chairperson of the appellate body for chartered accountants, company secretaries, and cost accountants. Alongside Justice Gupta, the corporate affairs ministry has appointed three members to the appellate authority: Rakesh Mohan, Sandip Garg, and […]
India’s GST Collection Hits Record ₹2.1 Lakh Crore in April 2024, Sets Stage for Reform
In April, India’s GST collection hit a record high of ₹2.1 lakh crore, showing a strong economy start for the new fiscal year. Finance Minister Nirmala Sitharaman praised the efficient tax collection and the economy’s momentum for this achievement. Compared to last year, GST collection rose by 12.4%, mainly due to a 13% increase in […]
Section 72 – THE PATENTS ACT, 1970
Register to be open for inspection —(1) Subject to the provisions contained in this Act andany rules made thereunder, the register shall at all convenient times be open to inspectionby the public; and certified copies, sealed with the seal of the patent office, of any entry inthe register shall be given to any person requiring […]
Section 71 – THE PATENTS ACT, 1970
Rectification of register by Appellate Board —(1) The Appellate Board may, on theapplication of any person aggrieved—(a) by the absence or omission from the register of any entry; or(b) by any entry made in the register without sufficient cause; or(c) by any entry wrongly remaining on the register; or(d) by any error or defect in […]
Section 70 – THE PATENTS ACT, 1970
Power of registered grantee or proprietor to deal with patent Subject to the provisionscontained in this Act relating to co-ownership of patents and subject also to any rightsvested in any other person of which notice is entered in the register, the person or personsregistered as grantee or proprietor of a patent shall have power to […]
Section 69 – THE PATENTS ACT, 1970
Registration of assignments, transmissions, etc.— (1) Where any person becomes entitledby assignment, transmission or operation of law to a patent or to a share in a patent orbecomes entitled as a mortgagee, licensee or otherwise to any other interest in a patent,he shall apply in writing in the prescribed manner to the Controller for the […]
Section 68 – THE PATENTS ACT, 1970
Assignments, etc., not to be valid unless in writing and duly executed An assignmentof a patent or of a share in a patent, a mortgage, licence or the creation of any otherinterest in a patent shall not be valid unless the same were in writing and the agreementbetween the parties concerned is reduced to the […]
Section 67 – THE PATENTS ACT, 1970
Register of patents and particulars to be entered therein —(1) There shall be kept at thepatent office a register of patents, wherein shall be entered—(a) the names and addresses of grantees of patents;(b) notifications of assignments, extension, and revocations of patents; and(c) particulars of such other matters affecting the validity or proprietorship of patentsas may […]
Section 66 – THE PATENTS ACT, 1970
Revocation of patent in public interest Where the Central Government is of opinion thata patent or the mode in which it is exercised is mischievous to the State or generallyprejudicial to the public, it may, after giving the patentee an opportunity to be heard,make a declaration to that effect in the Official Gazette and thereupon […]
Section 65 – THE PATENTS ACT, 1970
Revocation of patent or amendment of complete specification on directions from Government in cases relating to atomic energy — (1) Where at any time after grant of apatent, the Central Government is satisfied that a patent is for an invention relating toatomic energy for which no patent can be granted under sub-section (1) of section […]