Section 15
Postponement of payments and registration of transfers pending the making of a vesting order.
About this Act
An Act to consolidate and amend the law relating to Government securities and to the management by the Reserve Bank of India of the public debt of the Government.
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 security or postpone the making of any order under section 11 or the registration of
any transfer of the security until the vesting order has been made.