SHORT ANSWER:
Precedents set by previous Supreme Court decisions guide lower courts in making rulings on similar cases.
DETAILS:
- Precedents ensure consistency and stability in the law.
- They are based on the principle of "stare decisis," meaning to stand by things decided.
- Lower courts are expected to follow the legal principles established by higher courts.
PUNISHMENT / IMPLICATIONS (if applicable):
- Ignoring precedents can lead to appeals and reversals of decisions.
SOURCE:
- Constitution of India, Article 141
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