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Assignment and Transmission of Layout-Designs

⚖️ Assignment and Transmission of Layout-Designs (Under the Semiconductor Integrated Circuits Layout-Design Act, 2000) ๐Ÿ”ท 1️⃣ Introduction The Semiconductor Integrated Circuits Layout-Design Act, 2000 not only provides protection for original layout designs but also allows their transfer or sharing through assignment or transmission . In simple terms — just like a property can be sold or inherited , a registered layout-design can also be sold, licensed, gifted, or passed on to another person. These provisions are mainly contained in Section 25 of the Act. ๐Ÿ”ท 2️⃣ Meaning of Assignment and Transmission ๐ŸŸข (a) Assignment Assignment means the transfer of ownership rights from one person (assignor) to another (assignee) through a written contract or agreement . It is a voluntary transfer , made with mutual consent. ๐Ÿงฉ Example: If “A” designs a microchip and registers it, A can assign all his rights to company “B” for a payment or royalty. Then “B” becomes the legal own...