An IP infringement suit must be brought within three years from the discovery of infringement, failing which the IP owner may lose the right to seek legal redress.
If a person is found guilty of an intellectual property infringement in India, they can face imprisonment for up to three years and/or a fine of up to two lakh rupees or both. In addition to criminal penalties, the IP holder can seek civil remedies such as monetary damages, injunctions, and profit accounting.
IP prosecution is the procedure through which applicants and/or their representatives communicate with the Intellectual Property Office to get a grant for their IP application. In contrast, IP litigation normally refers to litigators representing clients after granting a patent and litigating a breach of IP rights.
Yes. IP protection has a time limit for registered trademarks which is 10 years and can be renewed. The life of a registered patent is 20 years from the day the patent application was filed. The validity of the copyright is for 60 years in addition to the author’s lifespan.
