law: National Bank for Agriculture and Rural Development Act, 1981 
  15. Member of Board
  
  or Committee thereof not to participate in meetings in certain cases.- 
  A director of the
  
  Board or a member of a Committee, who has any direct or indirect pecuniary
  
  interest in any matter coming up for consideration at a meeting of the Board or
  
  a Committee thereof, shall, as soon as possible after relevant circumstances
  
  have come to his knowledge, disclose the nature of his interest at such
  
  meeting, and the disclosure shall be recorded in the minutes of the Board, or
  
  the Committee, as the case may be, and the director or member shall not take
  
  any part in any deliberation or decision of the Board or the Committee with
  
  respect to that matter.