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DELHI HIGH COURT
PRATHIBA M.SINGH
Tommorrowland Limited – Appellant
Versus
Haryana State Industrial & Infrastructure Development Corpn. Ltd. – Respondent


Table of Content
1. disputes arise from underwriting agreements. (Para 1 , 2 , 3)
2. details of public issue processing. (Para 4 , 5 , 8 , 9)
3. underwriter obligations are specified. (Para 6 , 7)
4. regulatory involvement affects subscription. (Para 10 , 11 , 12 , 13 , 14)
5. arbitration process and its implications. (Para 15 , 17 , 18 , 19)
6. court's authority to extend arbitration timeline. (Para 20 , 21 , 22)
7. assessing damages in arbitration awards. (Para 28 , 29 , 31)
8. evaluation of evidence in arbitration decisions. (Para 38 , 39 , 40)
9. arguments to challenge arbitration award. (Para 41 , 42 , 43 , 44 , 45)
10. plaintiff's obligations and responsibilities. (Para 46 , 48 , 49 , 50)
11. reassessment of damages and interests. (Para 90 , 91 , 92)
12. defendant's counterarguments on damages. (Para 93 , 94 , 95 , 96)
13. court's final order and decree. (Para 110 , 112 , 113 , 114)

JUDGMENT

Prathiba M. Singh, J.

1. The present suit is one of 27 connected suits, all of which relate to disputes between the Plaintiff - M/s MS Shoes East Ltd. (now known as Tommorrowland Limited) and various Defendants/Respondents who were Underwriters of a public issue brought out by the Plaintiff-Company i





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