law: State Financial Corporations Act, 1951 
  26. Limit of accommodation 
  (1) On and from the commencement of the 16[State Financial
  
  Corporations (Amendment) Act, 1985 (43 of 1985), the Financial Corporation
  
  shall not enter into any arrangements under clause (a), (ca) or (g) of]
  
  sub-section (1) of section 25 with any industrial concern so that the total
  
  amount outstanding against that concern in respect of all such arrangements
  
  together with the amount of the face value of the shares and stocks of that
  
  concern whether subscribed or agreed to be subscribed and the outstanding
  
  liabilities on account of underwriting agreements and the deferred payments
  
  guarantees] is more than-
  (i) 2[Sixty lakhs of rupees in the case of a
  
  corporation established by or under any other law or] a company as defined in
  
  section 3 of the Companies Act, 1956 (1 of 1956) or a co-operative society
  
  registered under the Co-operative Societies Act, 1912 (2 of 1912) or any other law
  
  relating to Co-operative Societies for the time being in force; and
  (ii) 17[thirty lakhs] of rupees in any other
  
  case:]
  3[PROVIDED that the Financial Corporation may, with the
  
  prior approval of the Development Bank, exceed the limit under clause (i) or clause
  
  (ii) up to four times.]
  (2) [Omitted by Act No. 43 of 1985.]