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General IPR Strategy

Foundational Knowledge for Business Leaders

What is Intellectual Property (IP) and why does my business need it?

IP refers to creations of the mind: inventions, literary works, designs, and symbols. Protecting it ensures competitors cannot steal your brand, products, or ideas, adding valuation to your company.

What is the difference between a Trademark, Patent, and Copyright?

**Trademarks** protect brands (names, logos). **Patents** protect inventions (products, processes). **Copyrights** protect creative expression (art, code, books).

Can I handle IPR filing myself without a lawyer?

While technically possible, it is risky. One wrong classification or poor drafting can lead to rejection after months of waiting. An expert ensures "prosecution-ready" filing.

How long does it take to get IP protection in India?

Trademarks take 6-12 months. Patents can take 2-4 years (expedited options available). Copyrights take 2-4 months.

Is an Indian IP registration valid globally?

No. IP rights are territorial. A registration in India protects you only in India. You need international filings (e.g., Madrid Protocol, PCT) for global protection.

Does LLM Advocates serve clients outside Chandigarh?

Yes. We are headquartered in the Tricity but serve clients across Delhi, Gurugram, Noida, and globally via digital consultation.

What is the cost of IPR registration in India?

Costs vary. Trademark Govt fees start at ₹4,500. Patents start at ₹1,600 (individuals). Professional fees depend on the complexity of the case.

What are the benefits of registering as a Startup in India for IPR?

Startups recognized by DPIIT get an 80% rebate on Patent fees, 50% on Trademark fees, and access to expedited examination.

Can I sell my Intellectual Property?

Yes, IP is an asset. You can sell it (Assignment) or rent it out (Licensing) for royalties.

What happens if someone infringes my IP rights?

You can send a legal Cease & Desist notice. If they persist, you can file a civil suit for an injunction and damages in the District or High Court.

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