with 'election', which is against the intent
of corporate democracy. Further, expanding on this argument,
the Learned Senior Counsel for Appellant HRANI have ... cannot be contrary
to the provision of AoA and that of corporate democracy.
13. The Learned Senior Counsel for Appellant HRANI has
argued regarding
destructive of judicial discipline, and also the basic
principle in a democracy that it is not for the Judge to
legislate as that
compares them with the legislative and the
executive organs of a Parliamentary democracy
where legislative sovereignty rests with Parliament,
while administration is left
Tribunal erred in holding that the Club was
under the principles of democracy. It is submitted that the Club is at liberty to
manage
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including the holding of EOGM as
when required to ensure the corporate democracy in running
the affairs of the company."
235. Further the company
impugned order and stressed on 'Corporate
Democracy' in support of his arguments that holding 51% of the shares, the
Respondent Company
Confederation Of All India Traders vs Competition Commission Of India on 13 June, 2022
NATIONAL
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