sakhyera guṇa — 'asaṅkoca', 'agaurava' sāra
mamatādhikye tāḍana-bhartsana-vyavahāra
sakhyera guṇa - the quality of fraternity; asaṅkoca - without any formality; agaurava - without any veneration; sāra - the essence; mamatā-adhikye - on account of greater intimacy; tāḍana - of chastisement; bhartsana - of rebuking; vyavahāra - behavior.