Section 213 of the Companies Act qualifies the liability of past and present members as contributories. Explain these qualifications as provided for in the Companies Act.

• A member cannot be held liable to contribute after one year of cessation of membership.
• A member can only be held liable to contribute if it appears to the court that existing members are unable to satisfy the contributions required.
• A member can only be called upon to contribute the amount outstanding on his shares.
• A member can only be called upon to contribute to the assets of the company the amount he undertook to contribute in the event of winding up.

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