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Union Carbide Corporation Etc. Etc vs Union Of India Etc. Etc on 3 October, 1991

"in a case of compensation for death it is appropriate that the Tribunals do keep in mind the principles enunciated by this court in Union Carbide Corporation v. Union of India, 1991 (4) SCC 584, in the matter of appropriate investments to safeguard the feed from being frittered away by the beneficiaries owing to ignorance, illiteracy and susceptible to exploitation. In that case approving the judgment of the Gujarat High Court in Muljibhai Ajaarambhai harijan V/s 10 United India Insurance Co. Ltd. 1983 ACJ 57 (Gujarat), this court offered the following guidelines:
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