A company is formed and governed by the provisions mentioned in the Companies Act 2013, which says that a: 'Company' means a Company Incorporated under this Act or any previous Company Law.
According to the Companies Act, 2013, a company is a separate legal entity which is incorporated in association with different people for commercial or business purposes.
Under the provisions of the Copyright Act, 1957, a Copyright confers certain rights to the creative works, which includes original literary and artistic works, dramatic works, cinematographic films, and musical compositions.
Read: Evolution of the Indian Patent Act Ever-Greening Strategies Innovator companies follow a number of strategies while they try to extend the term of patent protection.
Software Patent is considered as non-patentable subject matter in India under Section 3(k) of the Patents Act, 1970 unless it is patented along with the hardware.