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This work is related to the upcoming field of cyber laws and its correlation with the intellectual property. . The various approaches to tackle this issue of giving protection to the computer software under the various intellectual property protection mechanisms like copyright, patent & trademark are dealt in this study .Also, the option of evolving a new type of hybrid mechanism based on the peculiarities of computer software called as sui- generis is discussed in this study in detail. A, brief comparison is made by author between the approaches adopted by the various countries to solve this dilemma.