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The Union government of India; the claimant for the Bhopal victims under the 1985 Act.

Government of India. The Union government of India; the claimant for the Bhopal victims under the 1985 Act.

1984

Government of India owns a stake in Union Carbide India Limited. 22%, as of 2 Dec 1984.

The court says “owned or controlled by”; Union Carbide says the other holders included Indian financial institutions and private investors.

8 Apr 1985

Government of India intervened in Bhopal suits sent to India, 1986 to 1987. Sued Union Carbide Corporation in New York as the victims’ sole representative.

1989

14 Feb 1989: Union Carbide Corporation settled with Government of India. $470M, in full settlement of all claims, rights and liabilities related to and arising out of the Bhopal Gas disaster.

$425 million from Union Carbide Corporation, less $5 million already paid, and the rupee equivalent of $45 million from Union Carbide India Ltd. The order records a settlement, not a finding of who caused the leak.

15 Feb 1989: Union Carbide India Limited settled with Government of India. $45M, paid the rupee equivalent of $45 million towards the $470 million settlement.

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