11:28 am IST: O Paneerselvam, the current chief minister of Tamil Nadu, will submit his resignation later today. 11:22 am IST: We always stated that the prosecution has inflated the income and reduced expenditure. 11:18 am IST: Prosecution had failed to prove the charges. Appelants source of income has clearly been established. 11:10 am IST: There is no impediment for Jayalalithaa to become Chief Mininster: B Kumar, Jayalalithaa's Counsel. "I am elated and happy. This is a great victory for us," said B Kumar. 11:05 am IST: Celebrations break out outside Poes Garden in Chennai. A lawyer outside Karnataka High Court says that all accused have been acquitted by the Karnataka High Court.11:03 am IST: The judge has said two sentences- all four accused have been acquitted. 11:00 am IST: The judge just announced that all have been acquitted. 10:59 am IST: Judge has arrived. 11:00 am IST: DMDK Chief Vijaykanth asks for imposition of Section 144 in Tamil Nadu ahead of the verdict. Earlier, TN BJP leader Tamilisai Soundarajan had asked state police to maintain law10:52 am IST: Ok, get this: Shihan Hussaini, who crucified himself for Jaya few months back, was SO dramatic on Times Now that they cut him off.10:46 am IST: TV Reports: Senior DMK leaders including MK Stalin and A Raja reach Karunanidhi's residence.10:37 am IST: Court open only for this case, yet huge turnout. So much jostling inside the court room that even prosecution counsel Acharya has a tough time getting in!10:32 am IST: "Court room is filling up. Police letting people in according to a list, prosecution and defense counsel first go in," Dhanya Rajendran reporting from inside the court.Jayalalithaa supporters outside her residence at Poes Garden #Jayaverdict http://t.co/gqpqOuZecn — TheNewsMinute (@thenewsminute) May 11, 2015 10:26 am IST: ADMK cadres learn from past mistakes. ADMK supporter Vasudhi responds with a silent smile on being asked what will happen. Half an hour more, we'll know, she says."What we want is for her (Jayalalithaa) to return as CM," says AIADMK supporter Rajeshwari (the woman in the centre). 10:20 am IST: Crowds swelling up at Poes Garden. In the past hour, crowds have grown manifold.10:11 am IST: So things heating up in Karnataka High Court. An hour more, lawyers and media gathering outside Court Hall No. 14. We can feel the apprehension in the air, the rising tension as we get closer to the verdict.10:00 am IST: As we get closer to the verdict, tensions rising in Poes Garden. Slogans getting louder, people pouring in.09:49 am IST: AIADMK cadres asked to restrain themselves. Premature celebrations last time lead to embarrassment. Cadres have been asked to remain calm till all fact emerge09:44 am IST: Crowds gathering outside Jayalalithaa's residence at Poes Garden in Chennai. Heavy police deployment, and huge media contingent present.The Karnataka High court on Monday will announce its verdict on the Rs 55 crore disproportionate assets case against former Tamil Nadu Chief Minister and AIADMK chief J Jayalalithaa.On September 27, 2014, Justice John Michael D’Cunha had convicted the then CM of Tamil Nadu and three others in the case. Having been sentenced to four years in jail and a fine of Rs. 100 crore, her conviction immediately disqualified Jayalalithaa as an MLA, rendering the state without a Chief Minister, till O Paneerselvam took over. After 21 days in a Bengaluru’s Parapana Agrahara jail, Jayalalithaa was given bail by the Supreme Court. Following this, the four accused filed appeals in the High Court challenging the conviction.Read: Cheatsheet: A quick rundown of all you want to know about Jayalaithaa's DA caseTNM has reporters on the ground in Chennai and Bengaluru tracking every move, noticing every emotion. Dhanya Rajendran will be at the Karnataka High Court. Nitin B and Sameera Ahmed are reporting from the AIADMK chief's home in Poes Garden in Chennai.Women supporters gather at Poes garden ahead of judgement Cheatsheet: A quick rundown of all you want to know about Jayalalithaa’s DA case - See more at: http://www.thenewsminute.com/article/cheatsheet-quick-rundown-all-you-wa...