DMK President M.K. Stalin on Saturday condemned the central government’s decision to scrap the Intellectual Property Appellate Board (IPAB) located in the capital Chennai .
In a statement issued here, DMK president Stalin said the BJP central government should form public sector enterprises, but the current Modi led government is scrapping or selling off the existing organisations.
He said the appellate boards reduce the load on the courts and also render speedy justice.
IPAB deals with intellectual property disputes between corporates and also for deciding on Geographical Indication.
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According to Stalin, the BJP government’s decision is an injustice done for Tamil Nadu.
It should be noted Intellectual Property Appellate Board has been constituted by a Gazette notification of the Central Government in the Ministry of Commerce and Industry on 15th September 2003 to hear appeals against the decisions of the Registrar under the Trade Marks Act, 1999 and the Geographical Indications of Goods (Registration and Protection) Act, 1999.
The Intellectual Property Appellate Board currently has its headquarters at Chennai and shall have sittings at Chennai, Mumbai, Delhi , Kolkata and Ahmedabad.