The Second Revised and Enlarged Edition of our book on "Principles of Business Law" for Bachelor of Business Management (BBM) students of Bangalore University. The Second Edition, besides maintaining the PLUS features of the First Edition of the book, viz., lucid presentation, tailor-made approach, comprehensive text with plenty of illustrative material including case laws, questions and problems for recapitulation etc., has several additional welcome features. These include the following: - The book meets all the more comprehensively the course content requirement of the students appearing in the paper Business Laws for BBM Bangalore and those having similar course contents. - Since the publication of the First Edition, two important developments have taken place in respect of corporate laws: (i) Replacement of the Companies Act 1956, by a new Act titled as The Companies Act, 2013. (ii) Enactment of The Companies (Amendment) Act 2015, providing for certain changes in The Companies Act 2013. All these developments have been incorporated at appropriate places in the book. - In view of the Companies Act, 1956 not being completely repealed and enforcement of the Companies Act, 2013 in stages; an Appendix has been added in Section IV: 'Elements of Company Law', giving details of sections of New Act which have been enforced. - The text matter in several chapters has been strengthened, wherever necessary. - The latest questions and problems from recent University and professional examinations have been incorporated in the relevant chapters of the book. - The book continues to follow an examination-oriented approach.