Doctrine of precedents

The Doctrine of Precedents is a legal principle where courts follow previous decisions made in similar cases to ensure consistency and fairness in the law. When a higher court rules on a specific issue, lower courts are generally expected to follow that ruling in future cases with similar facts. This helps create stable and predictable legal outcomes, allowing individuals and entities to understand how laws are applied. However, courts can also refine or overturn precedents when circumstances change or legal interpretations evolve, ensuring the law remains relevant and just.