Vivek Anasane, the owner of an Indian beverage company had filed for a trademark named Glenfield with the UK Intellectual Property Office which was opposed by Glenfiddich, a 130-year-old scotch whiskey manufacturing company.
The government has also implemented the doubling of GST exemption limit to Rs 40 Lakh on 1st April 2019 which will benefit all the small and medium enterprises.
Earlier it was clearly stated in the notice published by MCA on 06.03.2019 that any company dealing with manufacturing or any such allied activities cannot be incorporated an LLP or can be converted I to LLP, as this sector of the company does not fall under the guidelines of Limited Liability Partnership This notice by MCA faced a huge amount of criticism from media and Institute of Company Secretaries of India (ICSI).
LLP is a worldwide recognised business entity registered with the ministry of corporate affairs and governed by the Limited Liability Partnership Act, 2008 which limits the liability of partners and provides flexibility of a partnership.
This introduction has brought various business registration under a single form itself, these services are a part of a government initiative to trim time on the registration under various commercial registrations.