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.

Salient features of this edition
The provisions of the Information Technology (Amendment) Act, 2008, which came into force after the publication of the previous edition (i.e., on 27th October, 2009), have been incorporated,
Existing illustrations have been updated, making them more suitable to the present times.
A few latest decided cases have been added to elucidate the law on important specific points. MC Kuchhal served for about

four decades as the faculty member of Shri Ram College of Commerce, University of Delhi. He is also the author of renowned books like Corporate Secretarial Practice, Business Law, and Business Legislation for Management, published by Vikas.

Vivek Kuchhal is Associate Professor at Maharaja Agrasen Institute of Management Studies, Delhi. He is an alumnus of Shri Ram College of Commerce, and Faculty of Management Studies, University of Delhi, Delhi. He has had a brilliant academic record throughout, securing second position in order of merit in BCom (Hons) and also in the MBA in the University. He also secured 13th all-India rank in CA (Inter) Examination. Vivek Kuchhal has an industry experience of about 25 years in various consulting assignments in the field of Management and IT in India and abroad.