Reprint of the original, first published in 1862.

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.

The Book Makes An Attempt, To Present The Vast And Complicated Subject Of Mercantile Law In A Manner, Easily Comprehensible To The Students, Teachers, Laymen, Businessman And All Others Interested In The Study Of Main Business Laws. The Book Covers Provisions Of Contract Act, Sale Of Goods Act, Partnership Act, Negotiable Instruments Act, Arbitration Act And Laws Relating To Insurance, Carriage Of Goods And Insolvency.Most Of The Books Written On This Subject, Are Mainly Compilation Of Various Acts Passed By The Indian Government, Containing The Provisions And Their Explanations As It Is. But This Book Being A Textbook Mainly Meant For Students, Has Been Written In Self-Explaining Manner. Section Numbers Have Been Written, All Along So That, Reference Can Be Made To The Relevant Bare Acts, As And When Considered Necessary, For Details. More Over Both Indian And English Cases Have Been Referred To, And Have Been Mentioned, Along With Their Facts, With A View To Elucidate The Subject. Practical Problems And Questions For Exercise Are An Integral Part Of This Book, As This Will Help Students Gain Confidence And Control Over The Subject.The Presentation Of The Book Is Very Systematic And Organized, Each Act Mentioned In This Book Has Central Headings, Side Headings And Running Heading Numbers. This Analytical Way Of Presentation Of The Latest Matter Drawn From Authentic Sources Shall Make This Book An Invaluable Collection To One'S Book Shelf.

Intended to help businessmen understand commercial law (p. 1-2).