Power of Board or Trustee to distraint and sell all property, etc

(1) The Board or the Trustee may direct the committee of an Agricultural Development Bank to take action against a defaulter under section 103, section 104 or section 105 and if the committee neglects or fails to do so, the Board or the Trustee may take such action. (2) (a) Where such action is taken by the Board, the provisions of this Chapter and of any rules and regulations made in this behalf shall apply as if all references to the Agricultural Development Bank and to its committee in the said provisions were references to the Central Agricultural Development Bank, and the Board, respectively.