A senior advocate argues that a responsive legal system, exemplified by the Delhi High Court's handling of Intellectual Property (IP) disputes, is critical for fostering innovation. The article traces India's post-TRIPS patent regime evolution and highlights the Commercial Courts Act, 2015 and ADR mechanisms as key judicial responses to support the 'Viksit Bharat 2047' vision.
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- ›Key Amendment Year: 2005 (Last major amendment to Patents Act, 1970)
- ›Key International Obligation: WTO's TRIPS Agreement
- ›Target this Data: Year of last major amendment to Patents Act, 1970 (2005); Year of Commercial Courts Act, 2015; Delhi HC IP Division Rules framed in 2022.
- ›Target this Nodal Body: Delhi High Court (for its IP Division and original side jurisdiction); World Trade Organisation (WTO) for TRIPS.
- ›Target this Legal Point: Patents Act, 1970; Commercial Courts Act, 2015; TRIPS Agreement (for flexibilities like compulsory licenses and checks on evergreening).
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