In developing countries a large demand of power will be seen in future. It is essential to maintain power continuity and reliability. Contingencies like fault occurrence and generated power and load demand imbalance causes system frequency instability. Load-shedding is the ultimate solution to restore system frequency and ensure availability of electrical power to critical loads in the plant. This paper presents a review of traditional adaptive and computational intelligent load shedding scheme. A comparison of these entire schemes with corresponding advantages and disadvantages is summarized.