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[b] After the expiration of said 7 days the Board shall allocate the said shares comprised in the transfer notice to or amongst the members or member who shall have expressed their or his willingness to purchase as aforesaid, but so that in case of competition, they shall rank for acceptance paripassu in proportion to shares held by them and if any shares cannot be apportioned, such shares shall be offered to them in Order determined by lots and directors shall cause such lots to be drawn accordingly.