Section 11, The Investment Promotion Act, 2004

No private investment, whether domestic or foreign , shallbe expropriated or nationalized in a direct or indirect manner, except in the special cases specified by section 21 of the Constitution which, among other things, stipulates that the investment or other property be reasonably required for public purposes and that prompt and adequate compensation shall be paid in the event of any expropriation or nationalization. PART IV–MISCELLANEOUS