Biodiversity Valuation Practice
Bioresources Valuation
The Biological Diversity Act (BDA), 2002 along with the Amended Act of 2023, the Rules of 2024 and the Regulations of 2025, together safeguard India’s biological resources and regulate their use. The BDA requires seeking prior approval and/or registration from the National Biodiversity Authority (NBA)/State Biodiversity Boards (SBBs) for using the biological resources. While the focus of the BDA is on Indian biological resources, it also applies to biological resources obtained from abroad and used in India. As research, commercialization and/or intellectual property generation in the fields of Life Sciences, Pharmaceuticals and Chemicals often requires access and use of plants, animals, microbes and other biological resources including their derivatives and byproducts, K&S Partners acts as a one-stop solution for dealing with all aspects of the BDA. Our globally acclaimed attorneys and specialists offer strategic legal advice and comprehensive support in meeting the requirements set out by the BDA.
Services Offered in Bioresources Valuation
Advisory Services
Expert opinions on intimation/ permission/approval regarding access and use of Indian biological resources.
Form Preparation & Filing
Approval to access biological resources for Research and Commercial Utilization (Form-I). Registration and Form-III (if required) with respect to patents involving biological resources. Approval to transfer research results to foreign entities and third parties (Form-II & Form-IV). Intimation to SBBs for commercialization activities and necessary approvals, if any.
Enquiries & Information
Addressing post-filing queries and enquiries from the authorities.
Representations
Seeking no objection certificates/waivers for materials not falling under the ambit of the BDA or where biological resources are used only for validation or experimental purposes.
Access & Benefit Sharing (ABS), Hearings & Reports
Assisting with execution and compliance of ABS agreements, discussions and negotiations around the benefit sharing component, and hearings at the NBA’s Expert Committee on ABS.
Appeals
Filing appeals before the National Green Tribunal (NGT) against NBA/SBB orders or execution and compliance of ABS agreements.
Training Sessions
Conducting regular sessions for clients on provisions and compliance of the BDA.
Awareness Programs
Facilitating awareness programs along with the SBBs (wherever needed) for clients to comply with obligations under the ABS agreements.
Bioresources Valuation Attorneys
Ravi Bhola
Managing Partner
Dr. Goutam Bhattacharyya
Partner | Member of Management Committee
Dr. Deepa K Tiku
Partner
Amrish Tiwari
Partner
Durgesh Mukharya
Partner
Publications of Biodiversity
AWARDS & RECOGNITIONS
MEMBERSHIPS
Frequently Asked Questions
Bioresources valuation assesses the legal and commercial value of biological materials such as plants, microbes, and derivatives used in innovation. It ensures compliance with the Biological Diversity Act, 2002 and supports IP filings, licensing, and benefit-sharing arrangements.
Approval is required when accessing Indian biological resources for research, commercial use, or when seeking IP rights involving such resources, as mandated by the Biological Diversity Act.
The amendment allows Indian applicants to seek NBA approval at the commercialization stage instead of during the IP filing process. It also narrows the scope of what qualifies as a bioresource.
K&S Partners provides legal advisory on access and benefit sharing, assists with NBA/SBB approvals, supports IP strategy involving bioresources, and ensures end-to-end compliance with biodiversity laws.