1. The name of the society is “BIOTECHNOLOGY DEVELOPMENT BOARD, U.P.”

2. (a) The registered office of the BIOTECHNOLOGY DEVELOPMENT BOARD, U.P shall be situated at Council of Science & Technology, U.P. , Vigyan Bhawan (2nd Floor) , 9, Nabiullah Road, Surajkund Park, Lucknow. 226018. in the State of Uttar Pradesh.

(b) The BIOTECHNOLOGY DEVELOPMENT BOARD, U.P shall perform its functions all over India.

3. The Aims & Objects for which BIOTECHNOLOGY DEVELOPMENT BOARD, U.P is established are :

1) To establish pre-eminent position of the State in the field of biotechnology.

2) To create awareness about the new entrepreneurial and job opportunities in the field of biotechnology.

3) To attract biotechnology based industrial investment in the state.

4) To safeguard environment at and conserve bio-resources for their sustainable commercial exploration.

5) To promote R & D capabilities in priority areas of biotechnology relevant to the state and to assist , organize and carry out studies or research concerning the establishment of large & medium sector projects and methods conducive to better & improved management of business, industry & finance.

6) To harness existing R & D capabilities for industrial/commercial developments in the state and to promote corporate funding and developing such knowledge for biotechnology.

7) To institute bio technology development fund for promoting R & D and subsequent commercial exploitation of R&D capabilities , thus developed.

8) To promote coordination among concerned central and state government departments as to provide incentives and concessions to biotechnology units in the state and also to review effective implementation of biotechnology policy.

9) To work as single window facility for clearing regulatory formalities related to biotechnology units.

10) To promote corporate funding for creation of infrastructure and dissemination of developmental research in the areas of agriculture rural development especially in unorganised sector.

11) To establish special purpose vehicle(s) for setting of industrial/commercial enterprise(s) in joint venture with private entrepreneur(s) putting their investment including setting up of industrial areas , parks etc.

12) To collect relevant data through field surveys and other means required for setting up any biotechnology industry in any area in the state of U.P.

13) To provide technical guidance and cooperation including the preparation of project & other reports and statistics to entrepreneurs for establishing biotechnology based industrial/ commercial units and to cooperate with Industrial, Business , Banking, Financial , educational and research Institutions and other organizations in the collections and exchange of information pertaining to Biotechnology industry. .

14) To identify , coordinate, monitor, review and follow up implementation of all proposed large & medium scale projects of Bio technology in the State of U.P.

15) To provide facilities for training and extension of knowledge in biotechnology management , theory and practice for persons from Biotechnology industry, business, financial institutions with a view to equipping them with knowledge and ability to practice the art & profession in which they are trained for and to participate in industry and in appropriate cases, to instruct others in the practice of these subjects.

16) To establish and maintain and run a library and build up a collection of books , biotechnological periodicals and papers and other literature , films, and other audiovisual aids and arrange for their display/distribution.

17) To provide facilities for the exchange of opinions and views on techniques , practice and trends and for stimulating thoughts and efforts in developing optimum solution to Bio Technology Problems through talks , lectures, conferences, seminars, exhibitions , plant visits , implant training courses and study tours etc.

18) To undertake organize & facilitate study course, conferences, lectures, seminars, workshop and the like to promote the objects of Biotechnology Development Board.

19) To print , publish and distribute reports , brochures and other publications pertaining to the activities of Biotechnology Development Board.

20) To provide IPR related services to entrepreneurs of biotechnology units.

21) To promote R &D for overall development of the state and to establish centres of excellence in frontier area of biotechnology.

22) To promote foreign investment and export in the area of biotechnology.

23) To cooperate with other similar institutions in India & abroad having objects wholly or partly similar to those of Biotechnology Development Board by undertaking such activities as may be considered conducive to closer cooperation with such other institutions.

24) To create such classes of members as may be considered necessary , such as patrons, affiliated members and other professionals , technical or honorary members and such other officers as may be considered necessary to promote the above objects.

25) To help in the researches in the fields of various sciences, technologies and know how relating to biotechnology.

4. The incidental or ancillary objects of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P are:

(a) To purchase, take on lease or in exchange, hire or otherwise acquire any immovable or movable property, patents, licences, rights or privileges which BIOTECHNOLOGY DEVELOPMENT BOARD, U.P may think necessary or convenient for any business and to construct, maintain and alter any buildings or works necessary to convenient for the purpose.

(b) To sell, mortgage, exchange, lease, grant, licence, easements and other rights, improve, develop and turn to account and in any other manner deal with or dispose of the undertakings, investments, property assets, rights and effects of the BIOTECHNOLOGY DEVELOPMENT BOARD, U.P or any part thereof for such consideration as may be thought fit except in terms of section 5(A) of Societies Registration Act, 1860.

(c) To purchase, take on lease or in exchange, obtain assignments of or otherwise acquire land and/or buildings of any tenure of description and any estate or interest in the rights connected with any land and/or buildings.

(d) To erect, construct, enlarge, alter or maintain buildings and structures of every kind necessary or convenient for the BIOTECHNOLOGY DEVELOPMENT BOARD, U.P.

(e) To sell, improve, work, develop, lease, mortgage, abandon or in any other manner deal with or dispose of the undertakings of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P or any part of consideration as BIOTECHNOLOGY DEVELOPMENT BOARD, U.P may think fit.

(of) To pay for any property acquired by BIOTECHNOLOGY DEVELOPMENT BOARD, U.P

(g) To draw, make, accept, endorse, discount, negotiate, execute and issue bills of exchange, promissory notes and other negotiable or transferable instruments.

(h) To subscribe money for any national, charitable, benevolent or to any institution, club, society or fund, but not intended to any political party or cause.

(i) To provide for the welfare of employees or ex-employees of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P and the wives and families or the dependents or connections of such persons by building or contributions to the buildings or house or dwellings or by grant of money, pensions, allowances, bonus or other payments or by creating and from time to time subscribing or contributing to provident and other associations, institutions, funds towards places of instruction and recreation, hospitals and other assistance as BIOTECHNOLOGY DEVELOPMENT BOARD, U.P shall think fit.

(j) To charge fees for services rendered.

(k) To issue appeals for funds in furtherance of the objects of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P and to receive gifts, grants and contributions from the Govt. of India, Govt. of Uttar Pradesh, U.P. State Govt. Undertakings (statutory or otherwise) industrialists and other organizations and institutions and undertake the management of any endowment, trust, funds or donation with a view to achieve the objects of the BIOTECHNOLOGY DEVELOPMENT BOARD, U.P.

5. The income and property of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P, howsoever derived shall be applied solely towards the promotion of the objects of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, gift, division, bonus or otherwise by way of payment to the members of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P.

(a) Provided that nothing herein shall prevent the payment in good faith of reasonable and proper remuneration to any officer or employee of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P or to any member of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P in return for any services rendered to BIOTECHNOLOGY DEVELOPMENT BOARD, U.P.

(b) Provided further that, except the CHIEF EXECUTIVE OFFICER, no member or the Board of Governors shall be appointed to any salaried office of the BIOTECHNOLOGY DEVELOPMENT BOARD, U.P or any office of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P by way of fees, and that no remuneration or other benefit shall be given by BIOTECHNOLOGY DEVELOPMENT BOARD, U.P to any member of such Board of Governors.

6. If upon the windings up/or dissolution of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P there remains after the satisfaction of all its debts and liabilities any property whatsoever, the same shall not be paid to or distributed among the Members of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P or to any of them but shall be given or transferred to the contributing corporations or to Government of Uttar Pradesh as may be decided by the Board of Governors by the votes of not less than three fifth of the members present personally or by proxy at the time of dissolution for being utilized for purposes similar to the objects of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P.

7. True accounts shall be kept of the sums of money received and expended by BIOTECHNOLOGY DEVELOPMENT BOARD, U.P and of the property credited and liabilities of BIOTECHNOLOGY DEVELOPMENT BOARD, U.P. Once in every financial year the accounts of Uttar Pradesh Development Council shall be examined and the correctness of the balance sheet ascertained by a properly qualified auditor.

<<Back | Next>>