Delhi High Court Rules

The Delhi High Court has recently reaffirmed that *institutional rules* cannot dilute *statutory confidentiality*. This principle emerges from the court's interpretation of Section 42A, which mandates confidentiality in arbitration proceedings.
- The court's decision has significant implications for companies with an Indian seat, and highlights the importance of maintaining confidentiality in arbitration proceedings.
The verdict is particularly relevant for areas such as *accounting and audit*, *antitrust competition law*, and other fields where confidentiality is crucial.