The pronouncement of the law on point shall operate as a binding precedent  on all courts  within India . Law declared by the Supreme Court  has to be essentially understood as a principle laid down by the Court and it is this principle which has the effect of a precedent . A principle as understood from the word itself, is a proposition which can only be delivered after examination of the matter on merits . It can never be a summary manner , much less be rendered in a decision delivered on technical grounds, without entering in to merits at all. A decision  unaccompanied by reasons can never be said to be a law declared by the Supreme Court , though it will bind the parties inter se  in drawing the curtain on the litigation .  (CA No. 2016 od 2020 dt 5-3 -2020)