AIRLINK 189.36 Increased By ▲ 1.33 (0.71%)
BOP 11.10 Decreased By ▼ -0.76 (-6.41%)
CNERGY 7.28 Decreased By ▼ -0.26 (-3.45%)
FCCL 36.65 Decreased By ▼ -1.14 (-3.02%)
FFL 14.95 Decreased By ▼ -0.29 (-1.9%)
FLYNG 26.19 Increased By ▲ 0.66 (2.59%)
HUBC 130.89 Increased By ▲ 0.74 (0.57%)
HUMNL 13.47 Decreased By ▼ -0.14 (-1.03%)
KEL 4.28 Decreased By ▼ -0.07 (-1.61%)
KOSM 6.08 Decreased By ▼ -0.09 (-1.46%)
MLCF 45.94 Increased By ▲ 0.26 (0.57%)
OGDC 201.86 Decreased By ▼ -4.57 (-2.21%)
PACE 6.12 Decreased By ▼ -0.26 (-4.08%)
PAEL 38.36 Decreased By ▼ -1.95 (-4.84%)
PIAHCLA 16.73 Decreased By ▼ -0.22 (-1.3%)
PIBTL 7.94 Decreased By ▼ -0.09 (-1.12%)
POWER 9.86 Decreased By ▼ -0.17 (-1.69%)
PPL 173.46 Decreased By ▼ -5.38 (-3.01%)
PRL 34.73 Decreased By ▼ -1.63 (-4.48%)
PTC 23.95 Decreased By ▼ -0.44 (-1.8%)
SEARL 101.74 Decreased By ▼ -1.42 (-1.38%)
SILK 1.07 No Change ▼ 0.00 (0%)
SSGC 32.70 Decreased By ▼ -3.54 (-9.77%)
SYM 17.93 Decreased By ▼ -0.30 (-1.65%)
TELE 8.14 Decreased By ▼ -0.24 (-2.86%)
TPLP 12.02 Decreased By ▼ -0.14 (-1.15%)
TRG 67.40 Increased By ▲ 0.07 (0.1%)
WAVESAPP 11.80 Decreased By ▼ -0.21 (-1.75%)
WTL 1.52 Decreased By ▼ -0.05 (-3.18%)
YOUW 3.90 Increased By ▲ 0.01 (0.26%)
BR100 11,819 Decreased By -87.9 (-0.74%)
BR30 35,000 Decreased By -554.1 (-1.56%)
KSE100 112,085 Decreased By -478.8 (-0.43%)
KSE30 34,946 Decreased By -148 (-0.42%)

TEXT: The Commerce Division of the Ministry of Commerce & Textiles, Government of Pakistan, has been revising fees/charges for the filing of Trade Marks, Patents and Copyrights applications frequently

IPO was established as an autonomous body in 2005 with the aim of strengthening Intellectual Property Rights in the country through a unified and integrated management system.

IPO-Pakistan is losing its core focus of facilitating & safeguarding businesses and becoming a business in its own rights.

Where revenue generation is essential for the institution to operate and keep abreast with the latest global IP practices, profiteering becomes a grave matter of concern.

Over the years, not only international but local Trade Mark, Patent and Copyrights registrations have increased by multifold across the country.

The main function of IPO-Pakistan should continue to be around provision of an efficient and transparent platform whereby investor confidence is further alleviated in order to contribute towards a higher influx of both foreign as well as local investment.

However, the sorry state of affairs; starting from umpteen vacant offices to lack of either procurement & employment of technology and/or outdated processes & procedures, are proving a hindrance to the operational excellence that was once the conceptual foundation stone of IPO-Pakistan’s establishment.

Inadequate allocation of funds and resources has resulted in thousands and thousands of opposition cases are pending from as far back as 1989 the respective registries are grossly understaffed with a lot of qualified employees having been retired over years.

The increasing quantum of work since introduction of service markclasses and awareness among the masses, which means the registries not only require timely replacements of the retired staff but are also in dire need of additional personnel so that they are able to cope efficiently with the ever-growing requirements.

(To be continued tomorrow)

Karimullah Adeni

Attorney at Law

Managing Partner

Ali & Associates

Copyright Business Recorder, 2023

Comments

Comments are closed.