Practical Legal Guidance
Patent
An exclusive right granted for a new and useful invention involving an inventive step.
Detailed Meaning
A patent grants its holder the exclusive right, for a limited term, to prevent others from making, using, selling, or importing the patented invention without consent, in exchange for public disclosure of the invention — available only for subject matter that is novel, involves an inventive step, and is capable of industrial application, subject to specified statutory exclusions.
Authoritative Sources & Provenance
Relevant Legislation
- The Patents Act, 1970
Related Concepts
General legal information for reference only, reviewed for accuracy but not a substitute for advice from a qualified advocate on your specific facts.