Chapter II DISCHARGE OF DEBT AND CONSEQUENCES THEREOF

Notwithstanding anything contained in any other law for the time being in force or any contract or other instrument having force by virtue of any such law, and save as otherwise expressly provided in this Act, the consequences as hereinafter set forth shall, with effect from the date of commencement of this Act, ensure, namely :

1. (a) every debt advanced before the commencement of this Act including fie amount of interest, if any, payable by a debtor to a creditor shall tie deemed to be wholly discharged;
2. (b) no such debt due from the debtor shall be recoverable from him or from any movable or immovable property belonging to him, nor shall any such property be liable to be attached arid sold or proceeded against in any manner in the execution of any decree or order relating to such debt against him.
3. (c) no civil court shall entertain any suit, appeal, or proceeding against a debtor for the recovery of any amount of such debt including interest : any: Provided that where a suit, appeal, or proceeding is instituted jointly against a debtor and any other person, nothing in this clause shall apply to the maintainability of a suit or proceeding in so far as it elates to such other person;
4. (d) all such and proceedings (including appeals, revisions, attachment or execution proceedings) pending on the date of commencement of his Act for the recovery of any such debt against a debtor shall bate: Provided that nothing in this clause shall apply to a sale which has been confirmed before the commencement of this Act;
5. (e) every debtor undergoing detention in a civil person in execution of any decree for money passed against him by a civil court in respect of any such debt shall be released;
6. (f) every property pledged by a debtor shall, on the commencement of :his Act, stand released in favour of such debtor, and the creditor shall be bound to return the same to the debtor forthwith. Explanation I.— For the purpose of this Chapter debtor means a landless labourer, share cropper, marginal farmer, and rural artisan whose annual income does not exceed Rs. 2,400 per annum. Explanation II. Nothing in this section shall be construed to entitled any debtor to a refund of any part of a debt already re-paid by him or recovered for him before the commencement of this Act.