Palmer's Company Law, 22nd Edition (Volume 1)

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Palmer's Company Law 22nd ed:

Volume 1 - The Treatise

Author Clive Schmitthoff, Palmers
Publication Date June 1976
ISBN 9780420461506
Format Hardcover
Publisher Stevens & Sons Ltd
 

In a line that appeared in the Preface to all nine Editions produced by the author himself and which, it is suggested, should always introduce this work, Sir Francis Palmer stated the purpose of this work. These are his words:-

  • The author has laboured to make the work practically useful not only to lawyers and to students of law, but generally to businessmen; for nowadays, looking to the vast number of persons interested as directors, shareholders, officials, customers, creditors or otherwise in companies, there are but few businessmen who can escape the task of acquiring some knowledge of company law." 

The editors of this, the twenty-second edition, have attempted to bring Sir Francis Palmer's work up to date in the spirit expressed in that passage, despite the fact that fundamental changes in company law and practise since the work's first publication have necessitated presenting it in an entirely new form.

These adjustments are significant. Company law has evolved into the law of business organisation and management in Great Britain in the more than 75 years after Sir Francis gave the famous lectures on which the book was established.

Company law has evolved into its own discipline within the larger field of business law, with its own set of characteristics and atmosphere. The mechanics of that discipline appear to be complicated and technical, but when viewed in context, the convoluted legal pattern takes on new life and importance.

The influence of the professional element on company activities, the effect of taxation on company operations, and the acceptance of the notion of social responsibility in the conduct of company affairs are only a few of the trends that have moulded that background.

Today, Sir Francis Palmer's goal of making this work practical for lawyers and businesspeople can only be realised if these tendencies are properly acknowledged when considering the legal framework of organisations.

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