How does this WBC Champion Emeritus thing work?

[ShoulderRoll]

If Sergio Martinez says that he wants to fight Chavez Jr. next does it force him to do it?

Or can Arum just ignore Sergio and make a fight with Miguel Cotto instead?

[DoktorSleepless]

Chavez Jr is supposed to be stripped if he doesn't accept and the vacant belt would be up for grabs in a match between Martinez and the #1 WBC contender (Rubio).

This is what was promised to Sergio at least.

[vacon04]

Supposedly it forces Chavez Jr to fight Maravilla for the WBC title or else he'll be striped of it. However we all know that there's a minimum chance of Sulaiman taking off the title from Chavez Jr

[ATG Fighter]

It works whichever way Sulaiman wants it to work. There aren't really any rules or anything as can be expected from the WBC