Section 68 – THE PATENTS ACT, 1970

Assignments, etc., not to be valid unless in writing and duly executed

An assignment
of a patent or of a share in a patent, a mortgage, licence or the creation of any other
interest in a patent shall not be valid unless the same were in writing and the agreement
between the parties concerned is reduced to the form of a document embodying all the
terms and conditions governing their rights and obligations and duly executed.

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