This document discusses Article 141 of the Indian Constitution, which stipulates that the law declared by the Supreme Court is binding on all courts in India. It defines key legal terms like precedent, ratio decidendi, and stare decisis. It explains that the objective of Article 141 is to ensure uniformity in decision making and that Supreme Court rulings are binding even on those not party to the case. The document also discusses concepts like obiter dictum, per incuriam, prospective overruling and how legislation can override Supreme Court precedents. It provides examples of relevant court cases.