Company Law Conundrum: Section 173 vs Section 177

Bhai, I'm literally going crazy over this Company Law section. Section 174 says promoters are not liable for pre-incorporation contracts, but then Section 177 comes along and says they can be held liable for pre-incorporation contracts if they're made for the benefit of the company. So, is it yes or is it no? Section 177 seems to be contradicting Section 174. Is it just me or is this a grey area in law? I've self-studied this section multiple times, but my mind is still tangled. Can anyone shed some light on this?