https://www.taxtmi.com/caselaws?id=182707 The Full Bench concluded that in cases of conflicting decisions by coequal benches of the SC, the later decision should be followed. Emphasizing the importance of judicial discipline and hierarchy of precedents, the court reiterated that High Courts and Subordinate Courts must adhere to SC's binding decisions under Article 141. The essence of a decision lies in its ratio decidendi, not every observation. Critiquing SC decisions as "per incuriam" without proper grounds was discouraged to maintain consistency and certainty in the law. en-us Thu, 01 Sep 2011 00:00:00 +0530 Wed, 18 May 2016 10:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182707 The Full Bench concluded that in cases of conflicting decisions by coequal benches of the SC, the later decision should be followed. Emphasizing the importance of judicial discipline and hierarchy of precedents, the court reiterated that High Courts and Subordinate Courts must adhere to SC's binding decisions under Article 141. The essence of a decision lies in its ratio decidendi, not every observation. Critiquing SC decisions as "per incuriam" without proper grounds was discouraged to maintain consistency and certainty in the law. Case-Laws Customs Thu, 01 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182707