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This work, under the title of Palmer's Shareholders', Directors' and Voluntary Liquidators' Legal Companion, has passed through more than thirty editions. Its objects, as stated by the author, are " to supply shareholders, directors, secretaries and others with information upon the many legal and practical questions which are constantly arising in connection with companies." .
In this edition the provisions of the Companies Act, 1948, have been incorporated. That Act came into operation on July 1, 1948, and consolidates both the Companies Act 1929 and the Companies Act 1947. As it contains 462 sections and 18 schedules it is felt that no apology is needed in providing a little guidance to it.
The Companies Act 1947, however, still remains in force to the extent of four sections. These are:-
J. Charlesworth July, 1948