Authority: Supreme Court of India
Order Date: 21 July 2026
Case Overview
- Petitioners: M/S Tommorrowland Limited (Managing Director) filed Special Leave to Appeal (C) No. 23276/2026, arising from the impugned final judgment and order dated 20‑02‑2026 in FAOOS No. 55/2022 of the High Court of Delhi.
- Respondent: Pressman Advertising Limited (Managing Director).
- Multiple Interim Applications (IA) were listed for permission to file lengthy lists of dates (IA Nos. 195367/2026, 197791/2026, 23725/2026, 198096/2026, 23768/2026, 198864/2026, 23500/2026, 196726/2026).
- The matter was heard on 21‑07‑2026 before Hon'ble Mr. Justice Aravind Kumar and Hon'ble Mrs. Justice V. Mohana.
- Counsel for the petitioner were Mr. Pawan Sachdeva, Mr. Ishan Sachdeva, and Mr. Gaurav Dhingra. Court Master: Rashi Gupta (digitally signed) and Avgv Ramu.
Court Observations & Directions
1. The Court observed that some underwriters have agreed to the liability and have paid the amount claimed by the petitioner.
2. In view of this development, the Court issued a notice to the parties to explore an amicable settlement.
3. The matter was tagged with SLP(C) No. 21651/2026 for further procedural tracking.
Final Outcome
- The Court did not pass a substantive judgment on the merits but directed the parties to consider an amicable settlement and recorded the case under a new SLP(C) reference.
Topics: Legal Settlement, Corporate Dispute