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Nagpur Investment:Robust IP dispute resolution mechanism pivotal to attract FDI: Justice Gautam Patel

Admin88 2024-11-04 27 0

Robust IP dispute resolution mechanism pivotal to attract FDI: Justice Gautam Patel

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.


Nagpur Stock

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