Public Debt Act,1944
Section 15. Postponement of payment and registration of transfers pending the making of a vesting order
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 post-pone the making of any order under section 11-or the registration of any transfer of the security until the vesting order has been made.
