https://www.taxtmi.com/caselaws?id=307330 Binding precedent turns on the ratio decidendi of the superior court, not stray observations, and a smaller Bench cannot disregard an earlier binding declaration of law; if doubt remains, the proper course is reference to a larger Bench. Applying that principle, the earlier Full Bench view on the Maharashtra ceiling law remained binding because the later Supreme Court decision did not actually overrule it. On legislative competence, a State law may operate only where there is a real and sufficient territorial nexus; Section 3(2) of the Maharashtra Agricultural Lands (Ceiling on Holdings) Act, 1961 was invalid to the extent it required land held outside the State to be counted in ceiling computation, as that gave it extraterritorial operation. en-us Fri, 16 Oct 2009 00:00:00 +0530 Thu, 06 Apr 2023 12:55:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307330 Binding precedent turns on the ratio decidendi of the superior court, not stray observations, and a smaller Bench cannot disregard an earlier binding declaration of law; if doubt remains, the proper course is reference to a larger Bench. Applying that principle, the earlier Full Bench view on the Maharashtra ceiling law remained binding because the later Supreme Court decision did not actually overrule it. On legislative competence, a State law may operate only where there is a real and sufficient territorial nexus; Section 3(2) of the Maharashtra Agricultural Lands (Ceiling on Holdings) Act, 1961 was invalid to the extent it required land held outside the State to be counted in ceiling computation, as that gave it extraterritorial operation. Case-Laws Indian Laws Fri, 16 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307330