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Delhi High Court upholds arbitral award in SAIL–Primetals dispute — “No contractual clause permits deduction for shortfall in minimum guaranteed CENVAT credit”, Section 34 challenge dismissed

Court’s decision The Delhi High Court dismissed a Section 34 petition filed by Steel Authority of India Limited challenging an arbitral award in favour of M/s Primetals Technologies India Pvt.…

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Rawlaw February 24, 2026

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Delhi High Court sets aside arbitral award in Primetals–SAIL dispute — “Arbitrator added non-existent clause to justify MGCC deduction”, award vitiated by patent illegality

Court’s decision The Delhi High Court allowed a Section 34 petition filed by Primetals Technologies India Private Limited and set aside an arbitral award that had upheld deduction of Rs.1,07,61,378/-…

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Rawlaw February 24, 2026

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