Section 70 – THE PATENTS ACT, 1970

Power of registered grantee or proprietor to deal with patent

Subject to the provisions
contained in this Act relating to co-ownership of patents and subject also to any rights
vested in any other person of which notice is entered in the register, the person or persons
registered as grantee or proprietor of a patent shall have power to assign, grant licences
under, or otherwise deal with, the patent and to give effectual receipts for any
consideration for any such assignment, licence or dealing:
Provided that any equities in respect of the patent may be enforced in like manner as in
respect of any other movable property.

Practice area's of B K Goyal & Co LLP

Company Registration Services in major cities of India

Complete CA Services

RERA Services

Most read resources