This article introduces the definition and connotation of the term Natural Law and Natural Moral Law. It also explains briefly the important viewpoints of the Chinese and Western philosophy and theology. The article especially cites Thomas Aquinas' view on the gradations of law among the 'Eternal Law', 'Natural Law'. 'Divine Law' and 'Human Law' and his theories on common moral and the transcendent moral. This article also explains the stand points of Ockham, Martin Luther and John Calvin, in either objecting or amending the theological aspect of the theory of Natural Moral Law. It also touches on the ethical studies of the segregation between moral and religions during ancient Greece and the Enlightenment Project. Secondly, there is a discussion on Buddhism's perspective of the Natural Law -the Law of Dependent Origination that explains that all phenomena arises and ceases according to causes and conditions and that our life is filled with ignorance and self-love (ego desire). The 'self-love' that everyone is equipped can in fact be cultivated into an opposite direction so that one develops a sense of sharing the feelings of others by putting oneself in others' shoes. The practice of putting oneself in others' shoes, the interrelationship among the dependent originated phenomena and the equanimity of the dharma nature of dependent origination, are the three major principles of Moral Law encompassed in the Natural Law. From the perspective of Buddhism, moral norms and moral principles all originate from Natural Moral Law. Even the norms formulated by the Buddha are still founded on Natural Moral Law to help practitioners develop wholesome moral habits during the process of practice. Moral and meritorious joy are not the apocalyptic or kindness bestowed by a god. According to Buddhism's theory of consistency in virtues and merits, the gods reap the merits of being reborn in heaven according to the virtuous deeds that they have done in the past. The practice of wholesome deeds with the hope of gaining good rewards; has its relative values in preventing one from doing bad and try to be good. However this can only lead to a limited degree of meritorious reward. We should not practice virtues just for the sake of gaining meritorious rewards. We should practice upholding precepts with the mind of putting ourselves in others positions, practice giving with the realisation of emptiness in three aspects (namely, realise that the donor, recipient and the item that is being donated are empty in nature) or non-attachment to the four forms. In this way we can pave our way to the noble stage.