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State of Maharashtra - Section

Section 5 in The Maharashtra Debt Relief Act, 1975

5. Prohibition against disposal of pledged property etc. and penalty.

(1)No creditor shall after the appointed day, damage destroy or tamper with any property pledged or mortgaged with him or any document connected therewith or part with or otherwise deal with same except as provided in this Act.
(2)Any person who contravenes the provisions of sub-section (1) shall, on conviction, be punished with imprisonment for a term which may extend to three years and with fine which may extend to one thousand rupees:Provided that, in the absence of special and adequate reasons to the contrary to be mentioned in the judgment of the court, such imprisonment shall not be less than six months, and fine shall not be less than two hundred rupees.