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What is Intellectual Property?

Intellectual Property (“IP”) refers to any tangible or intangible property or asset, which is a product of the human intellect that has commercial value and includes any; literary and artistic works; and symbols, names and images used in commerce. Like any other property right, Intellectual Property Rights (“IPR”) allow creators, or owners of such IP to benefit from their own work or investment in a creation. In this age of globalization, with companies, institutions and individuals relentlessly exploring ahead in newer fields, where path breaking inventions emerge every day, the field of Intellectual Property Rights has gained prime importance. Thus, IP and rights attached thereto have gained fundamental magnitude and are being intensely protected.

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Sr. No. Type of Intellectual Property Related Act
1 Trade Marks Trade Marks Act, 1999
2 Patents The Patents Act, 1970 (as amended in 2005)
3 Copyrights and Related Rights The Copyright Act, 1957
4 Industrial Designs The Designs Act, 2000
5 Geographical Indications The Geographical Indications of Goods (Registration and Protection) Act, 1999
6 Layout Designs of Integrated Circuits The Semiconductor Integrated Circuits Layout Design Act, 2000
7 Plant Varieties The Protection of Plant Varieties and Farmers' Right Act, 2001
8 Information Technology and Cyber Crimes The Biological Diversity Act, 2002
9 Data Protection The Information Technology Act, 2000
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