Supreme Court dismissed claim that shareholder-director employment contract violates employment act provisions.

The Supreme Court dismissed the plaintiff's claim challenging the validity of an employment contract between a company and its managing director. The plaintiff argued that the contract violated specific provisions of the Employment Contracts Act by failing to meet statutory requirements for employment relationships. The court ruled that the agreement constituted a valid employment relationship governed by the Employment Contracts Act, thereby rejecting the argument that the contract was invalid due to the parties' status.