Section 14:
Power to call for repayment before agreed period.
Notwithstanding any agreement to the
contrary, the Administration may, by notice, require any borrower forthwith to repay in full with interest
thereon any loan borrowed from it,—
(a) if it appears to the Administration that false or misleading information in any material
particular was given by the borrower for obtaining the loan or while furnishing any information under
section 17; or
(b) if the borrower has failed to comply with the terms of the contract with the Administration in
the matter of the loan; or
(c) if there is a reasonable apprehension that the borrower is unable to pay his debts or that
insolvency proceedings or proceedings for liquidation may be commenced against him; or
(d) if for any other reason it is necessary in the opinion of the Administration to protect the
interests of the Administration.