CANARA BANK vs N.G. SUBBARAYA SETTY

The Supreme Court reiterated the principle of res judicata, emphasizing its foundational role in ensuring finality in litigation as encapsulated in the maxim 'nemo debet bis vexari pro una at eadem causa'. The Court cited the case of Daryao v. State of U.P. to affirm that judgments from courts of concurrent jurisdiction are conclusive between the same parties on the same matter. The judgment underscores that the doctrine of res judicata is essential for the efficient functioning of the legal system, preventing endless litigation.