BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -In an absolutely authoritative precedent, the judges have to compulsorily follow the judicial decision of the precedent in a case of law. In other words, even if the judge finds the precedent to be a wrong judgment, he is legally bound to give the same judicial decision.

Detailed explanation-2: -A decision of the Supreme Court is binding on all the High Courts. By Article 141 of the Constitution of India it is laid down that the law declared, by the Supreme Court shall be binding on all courts Within the territory of India. A decision of one High Court is not binding on another High Court.

Detailed explanation-3: -precedent, in law, a judgment or decision of a court that is cited in a subsequent dispute as an example or analogy to justify deciding a similar case or point of law in the same manner.

Detailed explanation-4: -A decision of a High Court would have binding force in the state in which the court has jurisdiction but not outside that state. Decisions of the High Court are binding on subordinate courts, authorities and tribunals situated within its jurisdictional territory.

Detailed explanation-5: -At the apex of the entire judicial system, exists the Supreme Court of India below which are the High Courts in each State or group of States. Below the High Courts lies a hierarchy of Subordinate Courts.