In the event of the directors of a company limited by shares ignoring a provision in its Articles of Association which is for the benefit of the shareholders, which of the following is correct?

In the event of the directors of a company limited by shares ignoring a provision in its Articles of Association which is for the benefit of the shareholders, which of the following is correct?
A . The shareholders as a whole may sue the directors for breach of contract.
B . Any or all of the shareholders may sue the company for breach of contract.
C . Individual shareholders have no remedy against the company.
D . Individual shareholders may sue the directors for breach of contract.

View Answer

Answer: B