Section 48
Provisions Relating To Recovered Loan
(1) The committee, organization or authority shall pay the principal and interest of loans recovered from the peasants pursuant to Sections 44, 46 and 47 in order to recover the loans pursuant to this Chapter as well as the prescribed interest of the principal, to the concerned persons on such terms and in such manner as may be prescribed. (2) Until the arrangement as referred to in Sub-section (1) is made, no creditor shall be entitled to foreclose on the assets of the borrower for such loan or interest thereof.