Designs Act

Design Rights: Selling Your Creative Gold ๐Ÿ’Ž


Listen Later

๐Ÿ’Ž Your Design is Worth Gold - But Can You Sell It?

๐ŸŒŸ Imagine you've invested time and money perfecting a product design, even got it registered. But here's the million-dollar question: can you actually sell those design rights like any other property? Or license them out for royalty income?

๐Ÿ’ก What You'll Discover:

  • ๐Ÿ” How registered industrial designs can become your most valuable business asset
  • โš–๏ธ The critical difference between assignment (selling) and licensing your design rights
  • ๐ŸŽฏ Why a simple written agreement isn't enough - and what missing step kills your legal protection
  • โฐ The 6-month deadline that could make or break your rights in court

๐Ÿš€ Legal Framework Explained:

  • ๐Ÿ’ผ Form 11 - Your gateway to complete ownership transfer
  • ๐Ÿ“‹ Form 12 - The licensing and mortgage registration process
  • ๐Ÿ›๏ธ Design Register - Why court recognition depends on this crucial step
  • โšก Controller of Patents - The authority that makes your transfer legally bulletproof

๐Ÿ”ฅ Real Business Scenarios:

  • ๐Ÿ’ฐ How to earn royalties without manufacturing anything yourself
  • ๐Ÿ“ Why unregistered transfers become worthless evidence in court disputes
  • ๐Ÿšจ The mortgage example that shows what happens when you skip registration

๐ŸŽ™๏ธ This episode transforms complex intellectual property law into simple business strategy - discover how to protect and monetize your creative investments like a pro!

...more
View all episodesView all episodes
Download on the App Store

Designs ActBy Sharad Bansal