The Patent Office, India on January 13, 2015 has issued a Public Notice directing all Patentees and Licensees (whether exclusive or otherwise) to furnish statement regarding the working of the patented invention on commercial scale in India in FORM- 27 in accordance with the provisions contained in section 146 (2) of the Patents Act, 1970 read with Rule 131 of the Patents Rules, 2003, in respect of each calendar year, within three months of the end of each year.
Details Required in FORM-27
The relevant information to be furnished by every patentee and every licensee in a Statement Regarding the Working of the Patented Invention on commercial scale in India in FORM- 27 are as follows:
1. Whether the patented invention has been worked or not worked;
- if not worked, the reasons for not working and the steps being taken for the working of the invention.
- if worked, the quantum and value (in rupees), of the patented product;
i. Manufactured in India;
ii. Imported from other countries along with the details of each country;
2. The licenses and sub-licenses granted during the year;
3. Whether the public requirement has been met partly/adequately/to the fullest extent at reasonable price.
Attention is also invited to the provisions contained in Section 122 of the Patent Act, 1970.
