Section 50 of The Patents Act, 1970, PA : Section 50: Rights Of Co-Owners Of Patents
The Patents Act, 1970, PA
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Explanation using Example
Consider a hypothetical situation where two inventors, John and Alice, collaborate on a project and invent a new type of solar panel. They apply for and are granted a patent for their invention. As per Section 50(1) of The Patents Act, 1970, both John and Alice are entitled to an equal undivided share in the patent, unless they have a prior agreement stating otherwise.
Now, Alice decides to manufacture and sell the solar panels on her own. As per Section 50(2), she can do so for her own benefit...
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