law: Atomic Energy Act, 1962 
  13. Novation 
  
  of certain contracts
  (1). The Central
  
  Government may serve on the parties to a contract relating to prospecting or
  
  mining of any substance from which any of the prescribed substances can be
  
  obtained or to production or use of atomic energy or to research into matters
  
  connected therewith, not being a contract for the rendering of personal
  
  services, a notice in writing stating that on such date as may be specified in
  
  the notice the rights and liabilities of any of the parties to the contract
  
  specified in the notice (hereinafter referred to as the specified party) will
  
  be transferred to the Central Government, and thereupon subject to any
  
  withdrawal of the notice under the following provisions of this section, the
  
  contract shall, as regards any rights exercisable, or liabilities incurred, on
  
  or after the said date, have effect as if the Central Government were a party
  
  to the contract instead of the specified party and as if for any reference in
  
  the contract to the specified party there were substituted a reference to the
  
  Central Government.
  (2) A notice served
  
  under sub-section (1) shall contain a statement to the effect that an objection
  
  may be made thereto within such time and in such manner as may be specified,
  
  and if any such objection is duly made and not withdrawn, the Central Government
  
  shall afford an opportunity to the person making the objection of appearing
  
  before and being heard by a person appointed by the Central Government for the
  
  purpose.
  (3) After considering
  
  any such objection and the report of the person appointed by it under
  
  sub-section (2), the Central Government may make such order as it may deem
  
  proper.
  (4) Where the rights
  
  and liabilities of a party to a contract are transferred to the Central
  
  Government under this section, there shall be paid to that party such compensation
  
  in respect of any loss suffered by that party as may be agreed between him and
  
  the Central Government, and in default of such agreement, as may be determined
  
  by arbitration.