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Ucil

Litigation:
Feb 1989- Supreme Court of India directed UCL & UCIL to pay $ 470 million in full settlement of the case.
The settlement was affirmed by the Indian Supreme Court, which described it as "just, equitable and reasonable." The money was promptly paid to the Govt of India by UCC & UCIL.
A lawsuit filed in U.S. District Court in 1999 asserting claims for personal injuries and property damage arising out the Bhopal gas disaster was dismissed, and all subsequent appeals in the case have upheld the dismissal.
Another case, filed in November 2004, and making similar claims, has been dismissed at several levels, but remains under appeal with the Second Circuit Court in New York.
A third case, filed in March 2007, and making similar claims as well, has been stayed pending the resolution of the 2004 case.

1994
UCC sold its 50.9% share to Mc. Leod Russell of Calcutta. UCIL was renamed as EIIL

1998
Govt. of Madhya Pradesh took over responsibility of the site

What......


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Approximate Word Count: 520
Approximate Pages: 3 (250 words per double-spaced page)

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