The study focuses on two issues; the place of commercial law in the legal system and methods of regulating it.. As regards the first issue, arguments were presented to treat commercial law as a branch (discipline) of private law. As regards the regulation of commercial law, it was indicated for what reasons the Commercial Code was not reactivated. It was pointed out that the Commercial Code did not properly fulfil the role of the general part of commercial law. It was proposed to set up an academic team for commercial law, which, after thorough discussion of whether the general tenets of commercial law should be included in the new commercial code or a separate act, or whether it should remain in the civil code after its improvement would propose a draft of the relevant provisions.
