CAn a Charitable society get patent registered in it's name and raise it's corpus fund out of it?
shine mangalore (advocate) 16 August 2011
CAn a Charitable society get patent registered in it's name and raise it's corpus fund out of it?
Dear Sapna,
A charitable society can certainly get a patent registered in its name since there is nothing to suggest otherwise. Of course, the by-laws of the society would have to be checked.
With regard to your query relating to raising corpus fund out of it, I believe the answer is yes. You may also consider the following link:
https://socialaccountability.net/pdf/chp31.pdf
Hope this helps.
Regards,
Abhinav Bhalla
Advocate I Registered Patent Agent
abhinav.bhalla@gmail.com
+91-9910406711