Patents

A patent is a monopoly right granted by the government to a person who invented or manufacture an article according to the invented process for a limited period. After the expiry of the duration of patent ,anybody can make use of the invention. Any person being the inventor of an invention or his assignee can apply alone or jointly with any other person. As per the Indian Patents Act ,1970 invention means any new or useful art, process method ,apparatus or machine.

A Partnership firm , a private or a public limited Company or a Corporation can apply for a patent. But they cannot invent and therefore cannot be termed as ‘inventor’ .Therefore only Individuals could be termed as ‘Inventor’.