Justice Patel, renowned for his contributions to IP jurisprudence, emphasised that the significance of IP is often undervalued.Nagpur Investment
He described this oversight as a “critical misstep” and argued that a strong IP framework is essential not just for large corporations but for all brand owners.
“Robust IP dispute resolution mechanisms are pivotal for attracting foreign direct investment and fostering economic growth in India,” he said.New Delhi Investment
IP is not luxury, it is survival, Justice Patel stressed.
The retired judge was speaking at Policy Round Table in MumbaiAhmedabad Stock
He underscored the urgent need for foundational training in intellectual property (IP) laws and set the tone for a robust discussion on the potential establishment of a specialized IP Bench at the Bombay High Court.
The event was organized by the International Trademark Association (INTA) on October 23 and gathered leading figures from the Bombay IP community including lawyers, in-house counsel and key stakeholders.Mumbai Investment
Participants unanimously supported the call for a dedicated IP Bench at the Bombay High Court, citing the unique complexities of IP law and the necessity for timely dispute resolution.
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