Section 14
Postponement of payments and registration of transfers pending the making of vesting order.
The Government Securities Act, 2006
About this Act
An Act to consolidate and amend the law relating to Government securities and its management by the Reserve Bank of India and for matters connected therewith or incidental thereto.
Where the Bank contemplates making an order under this Act to vest a Government security in
any person, the Bank may suspend payment of interest on or the maturity value of the Government
security or postpone the making of any order under section 7, section 10, section 11 or section 12 or the
registration of any transfer of the Government security, as the case may be, until the vesting order has
been made.