(1) If any creditor who has the duty to furnish the details of loan pursuant to Section 44 or Section 50 fails to furnish the details pursuant thereto or furnishes false details, the legal validity of the concerned loan lent by such creditor shall lapse, by order of the prescribed authority; and thereafter no claim of the creditor against the borrower in respect of such debt shall be honorable.
(2)103 The prescribed authority shall punish a person who has not deposited the saving required to be deposited pursuant to this Chapter, with a fine not exceeding Rs. 5,00/- (Five Hundred Rupees) and recover the saving from that person; and if the saving cannot be recovered immediately, the prescribed authority shall recover the saving by stopping the crops of next year. (2a)104 A person who directly recovers the amount of principal and interest of an agricultural loan that is not capable of being so recovered directly from the borrower peasant pursuant to this Chapter shall punished with a fine not exceeding Rs. 5,00/- (Five Hundred Rupees), and the amount in question shall also be forfeited.
(3)105 ………….