Which of the Following Statements Is Incorrect

Which of the following statements is incorrect?

A) If the company is limited by shares, members do not have to contribute more than the amount unpaid on the shares for which each is liable as a past or present member.
B) Past members must contribute money for company debts which have been incurred after they cease to be members.
C) Most liquidations in Australia do not have sufficient funds to pay creditors.
D) In the absence of any guidance in the company's constitution, calls in advance with related interest will be repaid before any payments are made to shareholders.