Me too ACCA qualified. I have Luqman Baig book for Mercantile law, it is very comprehensive and not to the point, how are you finding Cheema's book?
Which book your friend recommended, by the way?[/QUOTE]

he recommended cheema's book, this book is quite precise
company law and arbitration law are not given in this book, rest of the syllabus is covered
but i will also buy shukla today for a bit more detailed study,
anyhow from cheema,s book you can cover the syllabus(except company and arbitration law) in 4 to 5 days