https://www.taxtmi.com/caselaws?id=101670 Discretion in company administration must be exercised bona fide and in good faith, and a refusal to accept the nomination of an alternate director may be restrained by interim injunction where the applicant shows a prima facie case, balance of convenience, and likely irreparable injury. The Delhi HC noted that the plaintiff had a substantial interest in the company, faced limits on attending board meetings, and risked losing board representation if alternate-director relief was denied. On the materials then available, the company had not shown a mandatory right to reject the nomination merely because the board preferred otherwise, so interim protection was justified to preserve the plaintiff's corporate participation. en-us Wed, 18 Jan 1989 00:00:00 +0530 Fri, 10 Feb 2012 16:07:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101670 Discretion in company administration must be exercised bona fide and in good faith, and a refusal to accept the nomination of an alternate director may be restrained by interim injunction where the applicant shows a prima facie case, balance of convenience, and likely irreparable injury. The Delhi HC noted that the plaintiff had a substantial interest in the company, faced limits on attending board meetings, and risked losing board representation if alternate-director relief was denied. On the materials then available, the company had not shown a mandatory right to reject the nomination merely because the board preferred otherwise, so interim protection was justified to preserve the plaintiff's corporate participation. Case-Laws Companies Law Wed, 18 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101670