law: State Financial Corporations Act, 1951 
  30. Power to call for repayment before agreed period 
  Notwithstanding anything in any agreement to the contrary, the
  
  Financial Corporation may, by notice in writing, require any industrial concern
  
  to which it has granted any loan or advance to discharge forthwith in full its
  
  liabilities to the Financial Corporation,-
  (a) if it appears to the Board that false or misleading
  
  information in any material particular was given by the industrial concern in
  
  its application for the loan or advance; or
  (b) if the industrial concern has failed to comply with the
  
  terms of its contract with the Financial Corporation in the matter of the loan
  
  or advance; or
  (c) if there is a reasonable apprehension that the industrial
  
  concern is unable to pay its debts or that proceedings for liquidation may be
  
  commenced in respect thereof; or
  (d) if the property pledged, mortgaged, hypothecated or assigned
  
  to the Financial Corporation as security for the loan or advance is not insured
  
  and kept insured by the industrial concern to the satisfaction of the Financial
  
  Corporation or depreciates in value to such an extent that, in the opinion of
  
  the Board, further security to the satisfaction of the Board should be given
  
  and such security is not given; or
  (e) if, without the permission of the Board, any machinery,
  
  plant or other equipment, whether forming part of the security or otherwise, is
  
  removed from the premises of the industrial concern without being replaced; or
  (f) if for any reason it is necessary to protect the interests
  
  of the Financial Corporation.