Search results
- Provisions for criminal consequences for counterfeiting coins, government stamps, seals, property marks, currency notes, and bank notes are stated in the IPC. Chapter XII, IPC concerns offences, including counterfeiting, related to coins and stamps.
www.indialawoffices.com/legal-articles/anti-counterfeiting-laws-in-india
Mar 15, 2023 · According to Section 28 of the Indian Penal Code (IPC) 1860 – a person is said to ‘counterfeit’ who causes one thing to resemble another thing, intending by means of that resemblance to practice deception, or knowing it to be likely that deception will thereby be practiced.
Sep 26, 2022 · India is no exception, with the country suffering significant economic, health, and safety consequences due to widespread counterfeiting. India’s thriving fake-in-India culture is certainly giving stiff competition to its “make in India.” Governments, economists, and business leaders have all expressed concern about the situation.
Oct 19, 2022 · Concretely, Customs Authorities are active to the border in order to ensure that illegal or counterfeit products are not imported to India. In fact, cooperation between customs and IP right-holders helps identify goods suspected of infringement, and consequently protect IPRs.
Apr 15, 2022 · Indian businesses suffer tremendously from the impact of counterfeiting, especially with the exponential rise in online purchases. Taking this into account, India has outlined the National IPR Policy to curtail counterfeiting and promote awareness on IP rights that may discourage potential infringers from venturing into the trade of counterfeits.
Sep 29, 2021 · According to the US Department of State, illicit trade in cigarettes has resulted in a loss of over $50 billion annually with India becoming a major hub for these illegal activities.
- Upendra Nath Sharma
India aptly responded to the report in the Parliament, dated 12th February 20217, that although the Government of India is under no obligation to take action on such reports, several initiatives have been taken up for strengthening enforcement against counterfeiting
May 14, 2019 · Prevention of Money Laundering Act 2002. The Prevention of Money Laundering Act is the proceeds-of-crime legislation in India, which has been extended to certain IP laws – including those ...
