9911796707
TMI BlogIndia signs the Final Act of the Riyadh Design Law TreatyX X X X Extracts X X X X X X X X Extracts X X X X ..... India signs the Final Act of the Riyadh Design Law Treaty - News and Press Release Dated:- 26-11-2024 - News - India signs the Final Act of the Riyadh Design Law Treaty - - - Dated:- 26-11-2024 - India reaffirms its commitment to inclusive growth and Intellectual Property protection After nearly two decades of negotiations, the member states of the World Intellectual Property Organization (WIPO) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adopted the landmark Design Law Treaty (DLT).By signing the Final Act of the Riyadh Design Law Treaty, India builds on its progress and reaffirms its commitment to fostering inclusive growth and ensuring equitable access to intellectual property protection. The treaty seeks to harmonize the procedural frameworks for industrial design protection, improving the efficiency and accessibility of regist ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ration processes across multiple jurisdictions. By standardizing procedural requirements, the DLT reduces administrative burdens, thereby promoting global creativity in design. Its goal is to ensure that the benefits of streamlined design protection are accessible to all stakeholders, with particular emphasis on small and medium-sized enterprises (SMEs), startups, and independent designers. The DL ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T introduces several key provisions aimed at benefiting design applicants, including relaxed time limits, the reinstatement of lost rights, the option to correct or add priority claims, simplified procedures for recording assignments and licenses, and the option to file multiple designs in a single application. These changes provide greater flexibility for design applicants. Furthermore, the treat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y encourages contracting parties to work towards implementing electronic industrial design systems and facilitating the electronic exchange of priority documents. When combined with initiatives like the Startup India program and the Startups Intellectual Property Protection (SIPP) scheme, these provisions will help empower startups and SMEs to secure design rights globally, boosting their competit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iveness and supporting market growth. India, with its rich heritage of creativity and craftsmanship, has long recognized the crucial role of design in driving sustainable economic development. The country s policy emphasis on design protection as a catalyst for innovation has delivered impressive results. Over the past decade, design registrations in India have tripled, with domestic filings incre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... asing by 120% in the last two years alone. Notably, design applications grew by 25% last year. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
