$~26 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 23.03.2026 + O.M.P. (COMM) 471/2024 STEEL AUTHORITY OF INDIA LMITED .....Petitioner Through: Mr. Shaiwal Srivastava & Ms.

Ghanishtha Mishra, Advs.

versus LARSEN AND TOUBRO LTD. .....Respondent Through: Mr. ER Kumar, Mr. Sameer Parekh, Ms. Swati Bhardwaj &

Ms. Aditi, Advs.

CORAM:

HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL)

HARISH VAIDYANATHAN SHANKAR, J.

1. The present Petition has been filed under Section 34 of the Arbitration and Conciliation Act, 1996, Act, laying a limited challenge to the Arbitral Award dated 30.06.2023, Impugned Award, insofar as it pertains to the issue of CENVAT/input tax credit.

2. Learned counsel appearing on behalf of the Petitioner submits that the impugned Award is liable to be set aside as the learned Majority Arbitral Tribunal has returned erroneous findings of fact. It is contended that the documents furnished by the Respondent were Signature Not Verified insufficient and did not enable the Petitioner to avail the input tax credit.

3. Per contra, learned counsel appearing for the Respondent submits that the central issue before the learned Arbitral Tribunal, as also befor