BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Decisions of the Supreme Court are binding only so long as they have not been overruled by the Supreme Court. The decisions of a High Court are binding on all the courts below it within its jurisdiction. The judgment of a particular High Court, is not binding on other High Courts.

Detailed explanation-2: -2014) (defining precedent as a decided case that furnishes a basis for determining later cases involving similar facts or issues ). The Court may also rely on commentary on these cases by academics and judges.

Detailed explanation-3: -Judicial precedent or decisions is a process which is followed by the judges to take the decision. In Judicial precedent, the decision is taken by following the similar cases happened in the past. So judicial decision is based on the principle of stare decisis i.e. “stand by the decision already made”.

Detailed explanation-4: -Judicial Precedents means in general terms a behavior which is previously adopted becomes an example or rule for subsequent cases. For example in the case of Kesavananda Bharati the basic structure doctrine of the Indian Constitution was propounded which is applicable as a precedent in the case of Indira Gandhi Vs.