What do we mean when we say that the Supreme Court is a Court of Record?

The Supreme Court is a Court of Record because of the following reasons-

1. A Court of Record is one whose judgements are recorded for evidence and testimony. They are not to be questioned when they are produced before any court. The judgements are in the nature of 'precedents', i.e., the High Court and other Courts are bound to give a similar decision in a similar case.
2. A Court of Record has the power to punish contempt of itself.