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AOA of ABC ltd provide that all disputes between ABC ltd and its directors must be referred to arbitration. D is a dirctor of ABC ltd and is in dispute with the company about late payment of his director’s fees
Which of the following is correct?
i) D is obliged by AOA to refer the dispute to arbitration whether or not he is a shareholder
ii) D is obliged by AOA to refer the dispute to arbitration only if he is a shareholdera) i only
b) ii only
c) both i and ii
d) neither i nor iiWhich is the correct answer and please also explain me
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