Paulson, who owns about 6 percent stake in the gold miner, had nominated eight members to the board.

The hedge fund had alleged that under interim CEO Michael Kenyon the company "unsuccessfully tried to boost short-term performance", including "questionably running up its accounts payable to exaggerate cash flows."

Detour did not immediately respond to a request for comment.

(Reporting by Shanti S Nair in Bengaluru; Editing by Shinjini Ganguli)