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<h1>SC directs MD to clear bank dues within 15 days; Appellant can seek NCLT intervention.</h1> <h3>Shaji Purushothaman Versus Union Bank of India & Ors. Etc.</h3> Shaji Purushothaman Versus Union Bank of India & Ors. Etc. - TMI The Supreme Court of India ordered the Managing Director of a company to clear outstanding dues to Union Bank of India within 15 days. The appellant was granted liberty to move an application before the National Company Law Tribunal (NCLT) within two weeks, and the NCLT was instructed to decide the matter promptly. The Civil Appeals were disposed of accordingly.