Rule of Law, although studied as an abstract legal concept, has enormous value in its practical implications. Its flexibility to provide a just fair and reasonable order is undeniable. Gradually with passage of time it has transformed its shades and colours from natural Law to the Modern Rule of law and with passage of time its significance is becoming more evident as a tool of governance. It’s an effective tool in curbing the misuse of the power hands of State. Rule of law today is synonymous with the principles of justness, fairness and reasonableness. Even the Nazi regime functioned under law. But there were harsh, inequitable, discriminatory and unjust laws and all these are nothing but characteristics of arbitrariness in its worst possible forms. Rule of law envisages not the arbitrary power but its antithesis i.e. justified and controlled discretionary power with proper system of checks and balances in place to eliminate any tendency towards arbitrariness.
The Indian Constitution has imbibed the spirit of Rule of law to its core as the golden thread binding the Constitutionalism. As Preamble and various provisions such as Part III of Constitution contains Rule of Law as a basic element. The judicial attitude in India is also coherent with the spirit of Rule of law with the judiciary actively upholding the
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So after going through the present research of Rule of Law, it can be said there is a shift from Dicey’s theory of Rule of Law to Modern Concept of Rule of Law which is true to quite to an extent as it makes the concept of Rule of law more effective, as law changes with time to meet the present demands of the society and also to provide justice in more convenient