The book "Set-off" by S. R. Derham is a comprehensive treatise on the legal principles governing set-off, a concept in law that involves the offsetting of mutual debts or claims between parties. Here is a detailed overview of the book:

Key Themes

• Definition and Scope: The book begins with a definition of set-off, explaining that it is the setting of money cross-claims against each other to produce a balance.
• Legal Principles: It delves into the legal principles governing set-off, including the conditions under which set-off can be applied, the types of claims that can be set off, and the procedural requirements.
• Banking and Finance: Given its relevance to banking and finance, the book covers how set-off operates in these sectors, including its application in commercial transactions and financial disputes.

Plot Summary

The book does not have a narrative plot but rather a structured analysis of the legal concepts surrounding set-off. It is divided into chapters that explore different aspects of set-off, such as its historical development, its application in various jurisdictions, and its implications for legal practice.

Critical Reception

• First Edition (1987): The first edition of the book was well-received for its comprehensive coverage of the subject. Dr. Derham explained in the Preface that most of the chapters had originated from his earlier work, indicating a thorough and authoritative approach.
• Subsequent Editions: The book has been updated with subsequent editions, including a third edition, which continues to be an essential resource for students of law and professionals alike.
• Authoritative Commentary: The book is described as an authoritative commentary on the principles governing the law of set-off, making it an essential purchase for banking, finance, and legal professionals.

Editions and Availability

• Third Edition: The third edition of the book is available, offering detailed insights into the legal principles governing set-off.
• Softcover and Hardcover: The book is available in both softcover and hardback formats, with the second edition being available in softcover.

In summary, "Set-off" by S. R. Derham is a seminal work in the field of law, providing a thorough analysis of the legal principles governing set-off. Its critical reception has been positive, with each edition building on the previous one to offer a comprehensive resource for legal professionals and students.