Section 20
Cancellation by Bank of vesting proceedings.
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 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.