Rule of binding precedence(Article 141)

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..... ever be regarded as a binding precedent , much less law declared within the meaning of Article 141 of the Constitution so as to bind all courts within the territory of India. According to the well-settled theory of precedents, every decision contains three basic ingredients: (i) findings of material facts, direct and inferential. An inferential finding of fact is the inference which the Judge draw .....

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..... rinciple upon which the case is decided and for this reason it is important to analyse a decision and isolate from it the ratio decidendi. SECUNDRABAD CLUB ETC. VERSUS C.I.T. -V ETC.- 2023 (8) TMI 925 - SUPREME COURT The legal principles guiding the decision in a case is the basis for a binding precedent for a subsequent case, apart from being a decision which binds the parties to the case. Thus, .....

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