The document discusses the concept of rule of law. It was first expounded by Edward Coke and further developed by A.V. Dicey. According to Dicey, rule of law means the supremacy of regular law over arbitrary power. It includes three principles - supremacy of law, equality before law, and predominance of legal spirit. The rule of law is the fundamental principle that governmental authority should only be exercised according to established written law and that no person is above the law. It aims to safeguard against arbitrary governance and protect individual rights and freedoms. The Indian constitution also incorporates the principle of rule of law.