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Excerpt from The Elements of Mercantile Law As I have stated before, I have not attempted any original research, thinking my duty to the reader to be better performed if I made statements only on the authority of recognized writers. My indebtedness to these will be apparent, and I have referred to so great a number that it would be inadvisable to men tion them here. I may state, however, that on all points connected with Contracts gene rally I have steadily followed the opinions of, and have referred constantly to that great work, Benjamin on Sales and I have much used Lord Justice Lindley's work on Partner ship, and Maude and Pollock on Shipping. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Sultan Chand & Sons present the 38th Revised and Enlarged Edition of the book entitled “Elements of Mercantile Law”. This book is specially written for B. Com, M. Com, CA, CS, CMA, MBA, LLB and Other Commerce Courses of all Indian Universities. The book is divided into three Volumes. Volume I is Law of Contract, Volume II is Company Law and Volume III is Industrial Law The salient features of the present edition are as follows: A new chapter on ‘Goods and Services Tax (GST)’ has been included in this edition. In order to bring uniformity in Tax rates and to simplify the tax mechanism, Central Government rolled out Goods and Services Tax (GST) from 1st July, 2017. The Insolvency and Bankruptcy Code, 2016’ is the Bankruptcy Law of India has been added. A chapter on ‘Limited Liability Partnership’ popularly known as LLP has been added in the present edition. LLP combines the advantage of both the Company and Partnership into a single form of organization. Volume II of the book on Company Law with Schedules has been thoroughly updated and amended upto 2019.
Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.
Reprint of the original, first published in 1862.
Excerpt from The Elements of Mercantile Law The title of this work indicates its purpose and character; but as they are in some respects peculiar, a few remarks respecting them may make the volume more useful. When I accepted, seven years ago, the office of Dane Professor in the Law School of Harvard University, it was my expectation that my official duties would leave me some leisure which I could usefully employ in making a series of textbooks on Commercial Law. I had for many years been much employed in examining questions belonging to that department of the law, and had formed the opinion that text-books might be made better suited to the wants of the profession than those we had. Their general merit, and the high excellence of some of them I knew; but it seemed to me that they had faults which might be avoided, and deficiencies which might be supplied. The necessary basis for such a series was a work on the Law of Contracts generally. This I have made; and I may perhaps be permitted to say, that the reception it has met with, while it does not blind me to its deficiencies, encourages me to believe that further labors of the same character would not be useless or unacceptable to my professional brethren. And it is my purpose and hope to execute fully my original plan. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.