Mercantile Law explains the fundamental principles of the basic laws governing the modern business world. It presents a comprehensive, systematic and coherent study of the laws relating to Contracts, Sale of Goods, Partnership, Negotiable Instruments, Information Technology, Consumer Protection, Insurance, Insolvency, and Arbitration and Conciliation. It discusses the statutory provisions and the intricacies of law and explains the logic behind them. A large number of decided cases and illustrations given in the text explain the practical implications of the law. Practical problems with hints and solutions have been given at the end of each chapter for the student’s self-assessment. The book remains the leading text for students preparing for BCom, MCom, CA, ICMA, MBA, Company Secretaries, IAS, banking and judicial services examinations. It also serves as a handy and compact volume for those engaged in business, young managers and all others interested in the study of business law.

The developments during the period since the publication of the last edition have been such that this thirteenth edition has involved the most substantial revisions. Among statutory changes, those with the most significant and immediate impact, flow from the Companies (Amendment) Act, 1988 and various Notifications issued by the Central Government from time to time, and some of the labour laws, more particularly, Factories Act, Workmen's Compensation Act, Industrial Disputes Act and Payment of Wages Act. These amendments and case law developments have necessitated thorough and extensive re-writing and updating. Case law has been updated to January, 1991.

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.

The contributions of Understanding the Sources of Early Modern and Modern Commercial Law show an excellent assemblage of sources which historians of commercial law use. Besides normative sources, others are often needed to complement them.