The Legal Committee of The Bengal Chamber of Commerce and Industry (BCC&I) organized a “Session on IPR and its recent developments” on Wednesday, 29th March 2023 from 6 p.m. onwards, on virtual platform.

This special session was addressed by Mr. Subhatosh Majumdar, Founder, S. Majumdar & Co. The objective of the session was to create a forum for discussion of the various facets of Intellectual Property Rights in various commercial contexts and to better understand the recent developments in 2023.

The IP system aims to establish an environment wherein creativity and innovation may thrive by striking the correct balance between the interests of inventors and the larger public interest. India has recently made an effort to position itself as a country that respects intellectual property rights (IPR) by establishing its criteria in accordance with international standards for IPR. Some of the most recent changes to Indian legislation governing intellectual property rights have a strong reflection of this.

The session highlighted the various acts which are governed under IPR in India :

• The Patents Act, 1970 (amended in 2005)
• The Designs Act, 2000
• Trade Marks Act, 1999
• The Copyright Act, 1957
• The Geographical Indication of Goods (Registration and Protection) Act, 1999
• The Protection of Plant Varieties and Farmers Rights Act, 2001
• The Information Technology Act, 2000

The various processes of IP adoption, Trade Related Aspects of Intellectual Property Right (TRIPS) agreement and different amendments brought forth by the agreement in intellectual property along with its recent developments’ laws were also discussed.

The session had an overwhelming response and an engaging Q−A session, participants comprised of Advocates, Solicitors, Attorneys, other Legal Professionals and Law students; Key executives and business professionals from conglomerates and start−ups, etc.

The session was supported by Victor Moses & Co.,Sandersons  & Morgans and Sinha & Company Advocates. The Session had huge Social Media reach; the total viewership was over 55 thousand.