Indian Bank Insolvency Petition Adjourned After Respondent Death

Indian Bank filed an insolvency petition against individual debtor D R Balakrishna Raja under Sections 123 & 95 of IBC, 2016.
The petition was adjourned after counsel for the respondent reported the debtor's death on March 7, 2026.
Petitioner's counsel sought adjournment to take instructions regarding the deceased respondent's status.
The National Company Law Tribunal, Chennai listed the matter for next hearing on June 22, 2026.