Patents

Rights and Obligations of patent holders

RIGHTS
The right of the patent holder in his invention is called the monopoly right. It is special to him and particular to his invention. Any person who has an invention has the right to use it, make articles out of it and deal with those articles. He only shall be exclusively entitled to use this invention.This right excludes all others from using a patented invention. A patent holder can lease, assign, ,license the patent in favor of others with some constraints and time limits. Patent older has the right to surrender his patent.

OBLIGATIONS
The 1st obligation is that the patent holder must work the patent i.e. e should act as a model for further inventions. The next obligation is to pay renewal fees as prescribed in accordance with the scale on due dates every year. The third obligation is that e should report to the controller the progress of the working of the patent.