law: The Petroleum and Natural Gas Regulatory Board Act, 2006
  43. Taking over
  
  control and management of facilities and business premises of any entity and
  
  retail outlets in public interest.-
  1.  In
  
  the event of war or natural calamity or such other similar circumstances
  
  leading to disruption of supply of petroleum, petroleum products or natural
  
  gas, the Central Government may, for ensuring the continuous supply of
  
  petroleum, petroleum products or natural gas, by notification, either take over
  
  the control and management of any storage site, facilities and business premises
  
  of any entity and retail outlets or suspend its operations or entrust, to any
  
  agency of the Central or State Government for such time and manage it in such
  
  manner, as may be specified in that notification: Provided that the affected
  
  entities shall be given an opportunity of being heard before issuing orders to
  
  take over the control and management of retail outlets and other business
  
  premises: Provided further that in case of any urgency or in cases where the
  
  circumstances do not permit serving of notice for want of sufficient time or
  
  otherwise upon the entity against whom the order is directed, the opportunity
  
  of hearing may be dispensed with in public interest in order to maintain the
  
  uninterrupted supply of petroleum, petroleum products or natural gas for a
  
  specified period.
  2.  The
  
  collector of the revenue district in which the property referred to in the
  
  notification issued under sub-section (1) is situated shall determine the
  
  amount of compensation payable for taking over of the property.
  3.  The
  
  form and manner in which an application for claiming compensation under this
  
  section shall be made, the procedure for determining the compensation and the
  
  time within which such compensation shall be payable, shall be such as may be
  
  prescribed.