https://www.taxtmi.com/caselaws?id=96715 Section 156 creates a new statutory liability of contribution and, on the statutory scheme, contributories listed as secondary (list B) may not be called to contribute until contributories on list A have been exhausted; the High Court set aside a payment order against a list B appellant because there was no evidence that list A had been fully called or exhausted. The Court further held that section 156 does not permit interest prior to a payment order, although a court may award interest from the date of any payment order until realization. en-us Tue, 26 May 1936 00:00:00 +0530 Tue, 10 Jan 2012 15:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96715 Section 156 creates a new statutory liability of contribution and, on the statutory scheme, contributories listed as secondary (list B) may not be called to contribute until contributories on list A have been exhausted; the High Court set aside a payment order against a list B appellant because there was no evidence that list A had been fully called or exhausted. The Court further held that section 156 does not permit interest prior to a payment order, although a court may award interest from the date of any payment order until realization. Case-Laws Companies Law Tue, 26 May 1936 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96715