Star
Law book review
An
authentic handbook on Company and Securities Law
Barrister
M. Moksadul Islam
A
good lawyer, not necessarily, have to know all laws but
he must know where the law is. To this endeavour a rich
library with up-to-date law books is indispensable to
a successful lawyer. Many noted lawyers, including Dr.
M. Zahir, maintain a chronicle of their own containing
updated list of case-references as the law indexes available
in the market are not always satisfactory.
Company
and Securities Laws Revised and Updated Edition
By Dr. M. Zahir Published by The University Press
Limited Price: Tk. 1600 |
Sadly,
there are not many text books or reference books in the
market which can be compared with the law books available
in developed world or even in our neighbouring countries.
Most of the books available in the market are mainly either
compilation of different statues or rules and regulations
or citations of decisions held in different cases. Many
voluminous books are voluminous simply because it has
cited similar principle repeatedly held in different cases.
Some of these books even do not correspond to the reference
books apparently they referred to.
Dr.
M. Zahir's book on Company and Securities Laws is different
from many other law books available in the market. Besides
couple of other statute books on company law with few
references or commentaries actually this is the only textbook
on companies and securities law available in the market
with sound commentaries. Dr. M. Zahir not only tried hard
to quote the interpretation given by our court regarding
a particular section of Companies Act but also compared
them with decisions held in UK, Australia and India etc.
A man of his standing Dr. Zahir needs no approval from
any body and his work on this book simply testifies the
same. He himself is a legal institution in the country
and needless to say this book will have remarkable and
long lasting effect on the judiciary and the commercial
world.
This
second edition published as revised and updated edition
reportedly has more than 30 new case references. Like
other books on securities laws the second part of this
book has again compiled many much-needed updated SROs,
Notifications and Regulations which are not always easily
available from the library of the Securities Exchange
Commission even. Although web sites of Bangladesh Bank
and Security Exchange Commission nowadays publish recent
Rules and Regulations about the securities laws however
not many of us are computer literate to reap the benefit
of the modern information technology.
However,
there were ample rooms for improvement in this latest
edition. Casual proof reading and careless formatting
is noticeable in some part of this book. Like other law
books published in this country the index part of this
book is not user friendly at all compared with the leading
textbooks published even in the neighbouring countries.
Lack of complete index has made it very hard to navigate
the book easily.
Besides
many ordinances, gazettes, notifications, rules, regulations,
and circulations the book also contains many very important
rules and forms under the Companies Act. This book is
written in very lucid language and definitely would help
the legal practitioners, business entrepreneurs and students
alike.
Not
all renowned books in the absence of original writers
simply evaporate. On many occasions others take them over
from the original writer and improve and update them.
There are many books which even have changed three or
four hands and still available in updated form without
losing its originality. Our author may also take initiative
and hand over the book to someone interested and competent
to improve and update it in his absence and keep it alive
for many years to come.
The
author is advocate Supreme Court of Bangladesh.
