Section 21
Cancellation by the Bank of vesting proceedings.
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 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.