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Wednesday 13 February 2013

REGISTRATION OF DESIGNS IN INDIA:



In today’s .com India not only the patent and copy is what people is willing to get registered, but they also want their designs to be registered so that the unique features of the products developed by them can’t be reproduced without their permission. Though registration of design is not new from part of Indian legislature, option to register the design was provided since 1911 with the Designs Act, 1911. Registration of designs get more recognition when Design Act, 2000 came into force.

Picture via : http://www.fubiz.net


What is Design?

As Per Section  2 (d) of Design Act, 2000 : “design” means only the features of shape, configuration, pattern, ornament or composition of lines or colours applied to any article whether in two dimensional or three dimensional or in both forms, by any industrial process or means, whether manual, mechanical or chemical, separate or combined, which in the finished article appeal to and are judged solely by the eye; but does not include any mode or principle of construction or anything which is in substance a mere mechanical device, and does not include any trade mark as defined in clause (v) of sub-section (1) of section 2 of the Trade and Merchandise Marks Act, 1958 or property mark as defined in section 479 of the Indian Penal Code or any artistic work as defined in clause (c) of section 2 of the Copyright Act, 1957.

In simple words a bike mask could be registered as a design but a painting by Mr. M. F. Husain is not a design.

Why to get your design registered?

The benefit of getting registered the design is any person involved in unauthorized imitation of the registered design on been proven of such a use shall be liable for any contravention to pay up to Rs. 25000/- to the registered proprietor. Moreover the proprietor may sue for recovery and injunction for use of design, in that case penalty will be the sum decided by the court but not exceeding Rs. 50,000/-

Which type of designs could be registered?

For getting any design registered it shall be the original design not previously used or published in the country. The design should relate to features of shape, configuration, pattern or ornamentation applied or applicable to an article. Thus, designs of industrial plans, layouts and installations are not registrable under the Act.

Procedure for registration of designs:

A resident of india may apply for registration of his design by himself or through an authorised agent, a person resident outside india shall apply for registration of his design through an agent resident of india.

The application for registration of design specifying the class in which the design to be registered along with the specimen of design in form of drawing, tracing, photograph etc. shall be submitted to the Controller of Designs, The Patent Office at Kolkata, or at any of its branch offices at New Delhi, Mumbai and Chennai.

The application will be reviewed and response will be given to the application within a maximum period of 6 months.

Time period for which designs gets registered.

When the design gets registered the registered proprietor has copy right in the design for a period of ten years from the date of registration.

This period can be extended for a second period of five years by applying for extension of registration before expiry of this ten years period.

Within a year of lapse of design (due to not applying for extension or failure to pay fee) can be restored by making an application to the Controller in that effect.

Reciprocal arrangement with the United Kingdom and other convention countries or group of countries of intergovernmental organizations:

A Person who’s design has already been registered in UK or any other convention countries and made application for registration of design in india within 6 months of such registration shall have priority over all other applicant for registration of his design in india.

Few interesting case laws regarding registration of designs in india:

RECKITT BENCKISER (INDIA) LTD Vs WYETH LIMITED
http://delhicourts.nic.in/Oct%2010/RECKITT%20BENCHISER%20%28INDIA%29%20VS.%20WYETH%20LIMITED.pdf

DABUR INDIA LTD. Vs AMIT JAIN

Friday 8 February 2013

INSIDER TRADING LAWS IN INDIA:



Most talked news of Mr. Rajat Gupta indulgence in insider trading has once again insist people to consider the existing laws on insider trading and their relevance in corporate world. Insider trading is basically the buying or selling of the securities of a listed public company by a person who has unpublished price sensitive information relating to that company. SEBI (Prohibition of Insider Trading) Regulations, 1992 was introduced in india for the first time to define and regulate insider trading. Regulation 3 prohibits an insider who is in possession of unpublished price sensitive information for directly or indirectly dealing in securities of the company.