Science & Technology Compilation PDF for JKSSB, JKPSC, UPSC Exams - Click on Link Below To download
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The provisions regarding compulsory licenses are given in the Indian Patents Act, 1970 & in the TRIPS (Trade-Related Aspects of Intellectual Property Rights) Agreement.
• It is a relaxation available to the developing countries under the TRIPS agreement, something which organizations misuse sometimes.
• Moreover, under section 84 ofthe IPA, a company can acquire a compulsory license for “private commer-cial use” under certain circumstances.
