Secured Creditor entitled to file Winding Up Petition even after obtaining decree from DRT, Supreme Court

In the Swiss Ribbons judgment passed in January this year, the Bench of Justices Rohinton Nariman and Navin Sinha upheld the IBC in its entirety.
In the Swiss Ribbons judgment passed in January this year, the Bench of Justices Rohinton Nariman and Navin Sinha upheld the IBC in its entirety.
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The Supreme Court has held that a secured creditor has the right to file a winding up petition after such secured creditor has obtained a decree from the Debts Recovery Tribunal (DRT) and a recovery certificate based on it.

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