(B) Constitution of India, Art.141 - Precedents - Binding effect - For a precedent to be binding, there has to be a reference to the facts, controversy in issue, discussion on statutory provisions, reasoning for coming to a conclusion and clear statement of law and principles settled or answered by the judgment - These are the conditions which would have the effect of declaring the binding precedents for the Courts to follow.
SHIKSHAN PRASARAK MANDAL VS. STATE OF MAHARASHTRA & ORS.
2009-ALL MR-6-215
(Paras 14 and 16)
