Financial literacy is a very interesting subject. Throughout my working life, and especially after I retired 17 years ago and went into training and mentoring, people across a wide variety of groups – undergraduates, entrepreneurs, independent directors – have kept telling me, “Of course I know I should be knowledgeable about Finance. Please give me the book or books that I can read and refer to for this purpose”.

At the same time, the MCA has set up a new center to help companies close down faster and easier than before. Now, it will take about 100 days to shut down a company voluntarily