297 or 309 or 314

Friends

Any responses please.

Regards,

In the DCA View,Section 297 does not apply to a contract for professional services, personal services or to employment contracts. If director provides services by holding a whole -time position under the company, provisions of section 198, 309 is applicable. 314 is not applicable Where a director provides the services on case-to-case basis or on regular or retainer basis, section 198,309 etc and that of Section 314 are prima faice applicable.