Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1.Ahmad was a director of Tegas Sdn Bhd. He was also a shareholder of the company. There was a dispute between him and the company.
1.Ahmad was a director of Tegas Sdn Bhd. He was also a shareholder of the company. There was a dispute between him and the company. The company had alleged that Ahmad had mishandled certain money belonging to the company. The company filed an action in court to recover the money alleged to have been mishandled by Ahmad.There was an arbitration clause in the company's constitution that provided that, disputes between the company and its shareholders, if any, should be referred to an independent arbitrator and should not be taken to the court.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started