RANGANATH MISRA, R. S. PATHAK, E. S. VENKATARAMIAH, M. N. VENKATACHALIAH, N. D. OJHA
Union Carbide Corporation: Union Of India – Appellant
Versus
Union Of India: Union Carbide Corporation – Respondent
Judgment
O R D E R D/- 14th Feb., 1989
Having given our careful consideration for these several days to the facts and circumstances of the case placed before us by the parties in these proceedings, including the pleadings of the parties, the mass of data placed before us, the material relating to the proceedings in the Courts in the United States of America, the offers and counter-offers made between the parties at different stages during the various proceedings, as well as the complex issues of law and fact raised before us and the submissions made thereon, and in particular the enormity of human suffering occasioned by the Bhopal Gas disaster and the pressing urgency to provide immediate and substantial relief to victims of the disaster, we are of opinion that the case is pre-eminently fit for an overall settlement between the parties covering all litigations, claims, rights and liabilities related to and arising out of the disaster and we hold it just, equitable and reasonable to pass the following order :
2. We order :
(1) The Union Carbide Corporation shall pay a sum of U. S. Dollars 470 millions (Four hundred and seventy millions) to the Union of India in full settlement of all
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