The Theft of Intellectual Property Act

The Theft of Intellectual Property Act is a law aimed at protecting creators' rights over their inventions, designs, and original works, such as music or software. It makes it illegal to steal or misuse these creative assets, ensuring that individuals and businesses can benefit from their ideas without fear of theft. Violating this law can lead to severe penalties, including fines and imprisonment. Essentially, the Act promotes innovation by safeguarding the hard work and creativity of individuals and companies, encouraging a fair and respectful environment for creativity and commerce.