John had been a director ofComputer Service Ltd (‘CS Ltd’) before he resigned from the company a year ago.During John’s office, Software Ltd had been an important client ofCS Ltd and John had been the person responsible for liaising with Software Lt
D、About two years ago, there was a dispute between the chairman of the board of directors ofCS Ltd and the majority shareholders of Software Lt D、Ever since then, Software Ltd has stopped using the services ofCS Lt D、One month ago, Software Ltd learned that John has set up his own company as a sole proprietor, which provides services similar to those ofCS Lt D、Software Ltd has just entered into a service contract with John under which John agreed to provide the services. John has earned profit from the contract.Required:In relation to company law, advise John as to whether he needs to account for the profit he earned from the contract with Software Ltd toCS Lt D、(10 marks)