Indian Patent Updates: Compulsory Submission of Form 27 Before 31st of March

According to the Indian Patents Act, once a patent has been granted in India, an annual Statement of Working of Patent, known as Form 27, is required to be filed at the Patent Office within 3 months of the end of every calendar year (i.e. the deadline to submit the 2009 statement will be 31 March 2010). The objective of the submission is to indicate the extent to which the patented invention has been commercially worked in India for each respective year.

A notification was recently issued by the Controller of Patents regarding this, reminding patentees and licensees that evidence of use of a patented invention must be submitted on or before the 31st of March every year. Those who fail to comply with this regulation may incur a fine of up to 1 million Rupees (USD25000).

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