Jayalalithaa Disproportionate Assets Case: Supreme Court To Decide Sasikala’s Fate Today
The fate of AIADMK General Secretary Sasikala Natarajan, fighting a bitter power battle with interim Tamil Nadu Chief Minister O Panneerselvam after the demise of J Jayalithaa, is likely to be decided on Tuesday as the Supreme Court may deliver the much-awaited verdict in the disproportionate assets case involving her as an accused.
A bench of Justices PC Ghose and Amitava Roy, which said last week that the verdict would be out in few days, is likely to pronounce the judgement at 10.30 a.m. on Friday on a batch of appeals, including the one filed by Karnataka government against the High Court verdict acquitting prime accused Jayalalithaa and her close aide and now AIADMK chief Sasikala.
Besides Jayalalithaa, against whom the proceedings would be abated due to her demise on December 5 last year, Sasikala, and the latter's relatives, VN Sudhakaran and Elavarasi, were also acquitted in the assets case by the Karnataka High Court.
The apex court, on June 7 last year, had reserved its verdict on a batch of appeals filed by Karnataka government and others against the High Court order acquitting then Tamil Nadu Chief Minister J Jayalalithaa and others in the assets case after hearing a battery of lawyers from both sides.
While Jayalalithaa was represented by senior advocate L Nageswara Rao, now a Supreme Court judge, another senior lawyer Shekhar Naphade represented the other accused in the case. The apex court also heard DMK leader K Anbazhagan and BJP MP Subramanian Swamy against the acquittal of Jayalalithaa, Sasikala and others.
Senior advocates Dushayant Dave and Siddharth Luthra and lawyer BV Acharya had appeared for the Karnataka government and had dealt with the alleged flaws in the high court verdict.
Luthra and another senior advocate CA Sundaram had dealt with the firms which had found mention in the trial court records. These were Lex Property Development, Meadow Agro Farms Ltd, Riverway Agro Products Pvt Ltd, Ramraj Agro Mills Ltd, Signora Business Enterprises Pvt Ltd and Indo Doha Chemicals and harmaceuticals Pvt Ltd.
Senior advocates TR Andhyarujina and Vikas Singh had appeared for DMK leader Anbazhagan and sought reversal of the high court verdict.
The apex court, during the hearing, had said that acquiring assets "per se" is not a crime unless the sources are found to be illegal.
The court had outlined the three options available to it and said it may either uphold the high court verdict or reverse it or re-appreciate the entire evidence which may lead to fresh re-trial. It can also remand the matter to the high court for fresh consideration.
Dave, appearing for Karnataka, had said, "The judgement of the high court reflects violent miscarriage of justice and it is perverse beyond imagination. It is based on mere surmises and conjectures and none of the findings are based on evidence."
The Karnataka government was arguing its appeal in the case as the trial was shifted from Tamil Nadu and a Bangalore court had convicted the accused including Jayalalithaa who later succeeded in her challenge before the high court there.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.