Founder - Definition - Law Dictionary Home Dictionary Definition founder

Definition :

Founder, means the originator or the person responsible for the establishment of the institution, Director of Income Tax v. Bharat Diamond Bourse, (2003) 1 SCC 741.

As the founder of the institution, organization, or building is the person who got it started or caused it to be built often by providing necessary money, [Collins Cobuild English Dictionary, New Edn., p. 670]

Founder, a person who endows an eleemosynary corporation or institution, or supplies the funds for its establishment, Black's Law Dictionary, 4th Edn., p. 667