law: State Financial Corporations Act, 1951 
  21. Advisory Committee 
  The Financial Corporation may appoint 2[one or more committee or
  
  committees consisting wholly of Directors or wholly of other persons or partly
  
  of Directors and partly of other persons] for the purpose of assisting the
  
  Financial Corporation in the efficient discharge of its functions and, in
  
  particular, for the purpose of securing that those functions are exercised with
  
  due regard to the circumstances and conditions prevailing in, and the
  
  requirements of, particular areas or industries.