law: National Bank for Agriculture and Rural Development Act, 1981 
  36. Validity of loan
  
  or advance not to be questioned.-
  Notwithstanding
  
  anything to the contrary contained in any other law for the time being in
  
  force, the validity of any loan or advance granted by the National Bank in
  
  pursuance of the provisions of this Act shall not be called in question merely
  
  on the ground of non- compliance with the requirements of such other law as
  
  aforesaid or of any resolution, contract, memorandum, articles of association
  
  or other instrument:
  Provided that nothing
  
  in this section shall render valid any loan or advance obtained by any company
  
  or co-operative society where such company or co-operative society is not
  
  empowered by its memorandum to obtain loans or advances.