Assignment of Patents (India)

Updated 24 July 2026

This template is a deed of assignment for transferring ownership of patents within the Indian jurisdiction. It outlines the transfer of all rights, titles, and interests from an inventor to an assignee in exchange for a specified financial consideration. It also includes provisions for the assignor to disclose any future improvements made to the invention to the assignee.

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ASSIGNMENT OF PATENTS

This Deed of Assignment is executed on this _______ day of ______.

Between

Sh. __________________________,

S/o Sh. _______________________,

R/o ___________________________________________________ (hereinafter named "the assignor")

which expression shall include his successors, executors and administrators of the one part

And

Sh. ____________________________,

S/o Sh. _________________________,

R/o ______________________________________________________ (hereinafter named "the assignee") which expression shall include his successors, executors and administrators of the other part.

Whereas the assignor having inventor and patentee of a process for the manufacture of Ayurvedic medicines as duly registered and entered in the Register of Patents duly sealed in the Patent Office at ____________________.

And Whereas by an agreement dated ___________ between the parties to this deed; the assignor has consented to assign all his rights and interest in the patent above stated in favouring assignee for a consideration of Rs. _____________.

Now This Deed Witnesses as Follows:

1. That the assignor being sole and beneficial owner of this patent, hereby assigns to the assignee his title and all benefits, rights, privileges and advantages emerging and concerning to the said patent and to hold the same completely.

2. That as consideration of said assignment the assignee has paid to the assignor a sum of Rs._________ the receipt of which the assignor hereby acknowledges.

3. That the assignor’s title to the said patent is existing and that he has not assigned or dealt with the said patent. The assignor also agrees that nothing has been done to prejudice the rights of the assignee as transferee of the patent and the assignee is entitled to can exclusively.

4. That, if at any time while the said patent is in force, the assignor invents or makes any improvement or improvements on the said invention, which shall be disclosed to the assignee. Also, the assignor shall help the assignee in making practical use of such method /discovery. Assignor shall also do all other acts and execute all such deeds as may be compressor for conferring in the assignee all rights, title and interest in the new invention or improvement and its full and exclusive benefit.

In Witness Whereof, the parties to this deed have signed at New Delhi, on the day, month and year first noted above, in presence of:

Assignor

_____________

Assignee:

______________

Signed.............. Date ..........

Witnesses:

1.

2.

About this template

What is this template?

Assignment of Patents (India) is a free, ready-to-use Commercial law template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.

When should you use it?

Reach for this Commercial law template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. This version is drafted with India in mind, though you should always review the final wording against the laws that apply to you.

What's typically included?

A well-drafted Commercial law usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.