TaxTMI 
TaxTMI 
Clarification on Media Reports regarding Compulsory licence
X X X X Extracts X X X X
X X X X Extracts X X X X
....larification on Media Reports regarding Compulsory licence <br>News and Press Release<br>Dated:- 23-3-2016<br><BR>There have been recent media reports that the Government of India has privately assure....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d that it will not issue any more compulsory license. It is hereby clarified that such reports are factually incorrect. In this regard, it may be noted that India has a well-established TRIPS complian....
X X X X Extracts X X X X
X X X X Extracts X X X X
....t legislative, administrative and judicial framework to safeguard IPRs. Under the Doha Declaration on the TRIPS Agreement Public Health, each member has the right to grant compulsory licenses and the ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....freedom to determine the grounds upon which such licenses are granted. Even as Government of India is conscious of the need to spur innovation and protect individual rights, it retains the sovereign ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....right to utilize the flexibilities provided in the international IPR regime It may be noted that to date, there has been only one case of compulsory license in India and that too after a well-thought ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....out and laid down process, which was subsequently upheld right up to the highest Court of the land.<BR> News - Press release - PIB....