Patent renewal is a mandatory procedure that needs to be adhered to after patent has been granted. This not just a procedure established by law but also a way to keep record of the existing patent by the by the patent and trademark office as per the Patent Act, 1970. As per the Act, patent is granted for a period of 20 yards after which it needs to get renewed. Section 53, Rule 80 of the Indian Patents Act provides for the provision of renewing patents on a daily basis after its grant. The renewal can be done at any time in 20 years.i.e. the life of the patent.
1) Payment made to the Indian Patent Office by making a patent renewal request.
2) Patent renewal fees having a range from Rs. 800 for individuals, Rs. 2000 for small entities and Rs. 4000 to Rs. 8000, Rs. 20,000 and Rs. 40,000 as standard renewal fees respectively.
The patent ceases to exist after 20 years. If the individual/entity wants to again obtain patent that has ceased to exist due to non-payment of renewal fees, it is suggested to go for restoration as per Section 60 Rule 84 of the Act and Patent Rules. This shall be done within 18 months of the lapse by filling Form 15 along with substantial evidence for such non- payment.
We help our clients obtain easy renewal of their patents by a system of nominal fee payment. We shall obtain all the relevant certificates necessary for the existence of your patent. Our services are open to all individuals and small, medium or large entities. We relieve you from the entire process as we maintain sound record of all documents and patents along with their due timelines so that your patents are always up-to-date.
Through our experienced attorneys we aspire to be efficient legal representatives of our clients and assist them in restoring their expired patents by ensuring approval from the controller for such restoration and preventing any actions that lead to law suits and additional cost bearing.