In a key pronouncement on the effect of judicial overruling, the Supreme Court has held that when a subsequent judgment overrules an earlier decision, it merely corrects the previous interpretation and applies retrospectively unless the Court specifically directs otherwise. The ruling came in Directorate Of Revenue Intelligence vs Raj Kumar Arora & Ors., Criminal Appeal
Subsequent Judgment Merely Corrects Earlier Interpretation, Operates Retrospectively Unless Stated Otherwise: Supreme Court
