Governent Securities Act : Cancellation by Bank of vesting proceedings. Indian Bare Acts :

Governent Securities Act,2006

Act No : 38

Section : Cancellation by Bank of vesting proceedings.

20. Cancellation by Bank of vesting proceedings. - Where the Bank contemplates making an order under this Act vesting a Government security in any person, the Bank may, at any time before the order is made, cancel any proceedings already taken for that purpose and may, on such cancellation, proceed anew to the making of such order.