ORDER : The petitioner in this application is a well-known Company which has installations at Circular Garden Reach Road, Paharpur Road, Calcutta and Budge Budge for the storage of petroleum, petroleum products and kerosene. In the aforesaid installations, the petitioner company stores petroleum by virtue of licenses issued under the Petroleum Act (India Act XXX of 1934). The licenses in force on the relevant dates were as follows:

(I) Paharpur installation-License No. Ben-197 d/- 28-2-48 and License No. Ben-1200 d/- 9-5-1939. .

(II) Circular Garden Reach Road Installation-License No. Ben-1202 d/- ....................

(III) Budge Budge Installation-License No. Ben-182 d/- ........................

The Petroleum Act, 1934 was an Act passed by the Indian Legislature, which received the assent of the Governor General on 6-9-1934. It was brought into force on 30-3-1937 by a notification dated 23-3-1937. It is an Act to consolidate and amend the law relating to the import, transport, storage, production, refining and blending of petroleum and other inflammable substances. Section 3 of the said Act provides that no one shall import, transport or store any petroleum save in accordance with the

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