New Delhi, Sept. 1 -- The Supreme Court today dismissed a plea questioning whether arbitral tribunals seated in India can override institutional arbitration rules agreed upon by parties on the grounds of equity and "interest of justice."A Bench comprising Justice J.B. Pardiwala and Justice K.V. Viswanathan declined to interfere with a Delhi High Court judgment that had upheld a tribunal's decision to condone an 84-day delay by Doosan Power Systems India in filing its statement of defence and counterclaim under the Indian Council of Arbitration (ICA) Rules.
The dispute stemmed from a subcontract agreement dated December 27, 2017, between Aneja Constructions and Doosan Power Systems.
The agreement provided that disputes would be governed by...