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A copyright holder has the exclusive right to perform in public. Hence, playing or performing a copyrighted work in public is only permitted if one has a license to do so or has taken permission to play and perform. It doesn’t matter if the performance is a paid one or not. If it is performed in public, it is infringement. This is mainly because its curbing the copyright holder’s ability to exploit and market his/ her own work.
Yes, one can start multiple proprietorship firms as there are no restrictions to carry on more than one firm.
LegalWiz.in provides online business registrations with legal expertise and also helps with post registration compliance's.
No, a shareholder does not hold any right in the copyrights of the company.
Company is a separate legal entity and it possesses assets in its own name. Hence company is the owner of the assets and the directors or shareholders or employees are not allowed to use its assets for personal use. The copyright is an intangible asset of the company alike to any other assets owned by the company. As a result shareholders cannot use the copyrights of the company unless and until company provides any license to use it.
No, one cannot do so as you would be utilizing an original work of an artist and making money out of it. Its necessary to take license of the work from the original owner before taking any such step. Doing it without authorization is violation of the copyright, hence illegal.
To understand intelllectual property rights in detail, check out think link : IPR in India: Difference between Copyright, Patent & Trademark
YES, if you are starting out a new venture it is always better to have a unique name. That can create a distinct identity for your brand in the market. Often it is observed that confusion may arise among the buyers regarding the manufacturers or owners of the said product, which can lead to issues between the brands which could end up as a trademark infringement case.
Trademark is an important asset of any business. It helps customers to identify the authenticity of the product and protect from the fake sellers. Following points must be considered before applying for a trademark.
Find a unique name for the brand
Yes, a private company can be a holding company of more than one public subsidiary as there is no specified restriction. Private company can hold shares of public companies. One must check with powers of board of directors for loan and investment by company.
read our blog Wholly Owned Subsidiary: Features and Functions
Yes, if you have proprietorship firm. Proprietorship firm do not have separate PAN on the name of the firm. Hence here personal PAN is used for GST registration. But in case of partnership firm or LLP or company, PAN of such firm or company is to be used.
Both sole proprietorship firm and private limited company are unique business structures with their own benefits. The selection of form of business is a wise decision.
Sole proprietorship firm is a simplest form of business. It is easy to start and has a less maintenance cost. It will be more suitable to following type of business.
To start a partnership firm, first one may decide whether to go with a registered partnership firm or unregistered partnership firm. But for a finance business the registered partnership firm is more suitable.
The process to start a partnership firm is as under:
