1)
mom 1: You know, little Mike sure has gained a fascination in his penis latley.
mom 2: well at least your kid isn't neesh- pawing every man in sight.
A large, organised party, without security, involving mayhem. Involves smashing of plates, collapsing of curtain rails, and general destructive, mad behaviour.
The original party, held at Aneesh's, hence the name Neeshfest. Reached page 3 of the London Evening Standard. Took place on the 30th of January, 2010.