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IP as a tool for economic growth in Nigeria - Vimarsana News

IP as a tool for economic growth in Nigeria

Inventa International Over the years, concrete efforts have been made to develop Nigeria's indigenous IP regime. The earliest attempt at developing Nigeria’s IP dates to post-independence Nigeria. However, these various attempts have not been fruitful as Nigeria has failed to fully exploit the benefits that could be accrued from proper management and protection of Intellectual Property Rights in the country. The current economic and trade conditions in the world is susceptible to change, therefore requiring constant improvement to ensure economic development. These conditions will stimulate...

Trade Marks Act and Copyright Act Offenses are Non-Bailable! - Vimarsana News

Trade Marks Act and Copyright Act Offenses are Non-Bailable!

In the recent case of Piyush Ranipa v. State of Maharashtra, the Bombay High Court was faced with a question of law on whether offenses under the Copyright Act and the Trade Marks Act are non-bailable offenses.

Centre Promulgates Tribunals Reforms Ordinance, 2021 - Vimarsana News

Centre Promulgates Tribunals Reforms Ordinance, 2021

Centre Promulgates Tribunals Reforms Ordinance, 2021 Share This - x The Central Government has notified the Tribunals Reforms (Rationalisation and Conditions of Service) Ordinance, 2021, to dissolve certain existing appellate bodies and transfer their functions to other existing judicial bodies. Whereas a Bill to the above effect as introduced in the Lok Sabha during the Budget Session 2021, it could not be taken up for consideration and passing. Hence, the Centre has introduced the instant Ordinance in exercise of its powers under Article 123 of the Constitution, to the following ef...

Source: livelaw.in
Inside Track: Competition & consumer – In the media & cases - Anti-trust/Competition Law - Vimarsana News

Inside Track: Competition & consumer – In the media & cases - Anti-trust/Competition Law

CONTRACT - construction - exclusive licence granted to plaintiffs to use defendant's registered trade marks on prescribed cheese and butter products - whether defendant prohibited from using the trade marks on any products - whether prohibition on defendant's use of trade marks limited to products as defined in agreements - prohibition on defendant's use of trade marks limited to products as defined. RECTIFICATION - unilateral and common mistake - claim for rectification of agreements to insert the words 'on or in relation to any product or otherwise whatsoever' - whether at the time of execu...

Source: mondaq.com
Recommended Ways To Protecting Business Concepts As Intellectual Property Rights In Nigeria - Intellectual Property - Vimarsana News

Recommended Ways To Protecting Business Concepts As Intellectual Property Rights In Nigeria - Intellectual Property

contrary to honest commercial practice. 18 Trademark The name, logo, slogan, or hashtags of a business concept may be protected as trademarks. A trademark right can be obtained by registration at the Nigerian Trade Mark Registry or through use. This form of protection grants the owner exclusive rights to use the mark in connection with the concepts and enables users distinguish the concept from other concepts available in the market. It may also prevent third parties from marketing their company under an identical or confusingly similar trademark. 19 Upon registration, the proprietor's righ...

Source: mondaq.com