CS Professional · Intellectual Property Rights - Law and Practice · Indian Patent Law and its Developments
Anita Rao, an unregistered person, is convicted for the first time of holding herself out as a patent agent in contravention of section 129. What is the maximum fine under section 123?
The maximum fine for a first offence is one lakh rupees. Section 123 provides up to one lakh rupees for a first contravention of section 129 and up to five lakh rupees for a second or subsequent offence. The old ten thousand and forty thousand figures were replaced in 2005.
- ATen thousand rupees
- BOne lakh rupeesCorrect
- CForty thousand rupees
- DFive lakh rupees
Explanation
Section 123, as substituted in 2005, provides a fine which may extend to one lakh rupees for a first offence and five lakh rupees for a second or subsequent offence. Ten thousand and forty thousand were the earlier amounts, replaced w.e.f. 1-1-2005. Five lakh applies only on repeat offences.
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