Section 50 – THE PATENTS ACT, 1970

Rights of co-owners of patents

(1) Where a patent is granted to two or more persons,
each of those persons shall, unless an agreement to the contrary is in force, be entitled to
an equal undivided share in the patent.
(2) Subject to the provisions contained in this section and in section 51, where two or more
persons are registered as grantee or proprietor of a patent, then, unless an agreement to
the contrary is in force, each of those persons shall be entitled, by himself or his agents, to
rights conferred by section 48 for his own benefit without accounting to the other person or
persons.
(3) Subject to the provisions contained in this section and in section 51 and to any agreement
for the time being in force, where two or more persons are registered as grantee or
proprietor of a patent, then, a licence under the patent shall not be granted and share in
the patent shall not be assigned by one of such persons except with the consent of the
other person or persons.

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