Q. Consider the following statements::
1.A patent is an exclusive set of rights granted for an invention, which may be a product or process that provides a new way of doing something or offers a new technical solution to a problem.
2.A patent granted in a specific country holds worldwide validity for protection.
3.An invention is patentable subject matter if it attracts the provisions of Section 3 the Patents Act 1970.
Which of the statements given above is/are correct?
Explanation –
Statement 1 is correct. A patent is an exclusive set of rights granted for an invention, which may be a product or process that provides a new way of doing something or offers a new technical solution to a problem.
Statements 2 and 3 are incorrect. Patents are territorial rights, and the exclusive rights are only applicable in the country or region in which a patent has been filed and granted, in accordance with the law of that country or region. The protection is granted for a limited period, generally 20 years from the filing date of the application.
Section 3 outlines what is NOT considered an invention and thus cannot be patented. So, an invention that satisfies the criteria in Section 3 is actually NOT patentable subject matter.
Source: ForumIAS
