[Representational Image]Reuters

J Jayalalithaa, who is now prisoner number 7402 at the Parappana Agrahara central jail in Bangalore, has appealed against the verdict and has also applied for bail at the Karnataka High Court. The court will hear her case on Tuesday.

In Chennai, her loyal aide O Pannenerselvam has taken over as the Chief Minister of Tamil Nadu. The 63-year-old broke down while taking oath on Monday. Many of the 32 ministers too wept during the oath-taking ceremony.

2:00pm: Panneerselvam, 63, succeeds J. Jayalalithaa as the new Chief Minister of Tamil Nadu.

This makes him the 28th Chief Minister of Tamil Nadu since 1920.

1:53pm: With the AIADMK supremo Jayalalithaa in prison, the ministers have all wept one after another while taking oath. Earlier new chief Panneerselvam minister broke down as he took oath. The swearing-in concluded earlier in the afternoon.

1:53pm: With the AIADMK supremo Jayalalithaa in prison, the ministers have all wept one after another while taking oath. Earlier new chief Panneerselvam minister broke down as he took oath. 

1.51pm: Social welfare minister B. Valarmathi breaks into tears as she signs.

1:50 pm: Jayalatithaa's loyal aide O Panneerselvam was sworn-in as chief minister in to replace her, earlier this afternoon. 

63-year-old Panneerselvam, who was the state finance minister, takes over for the second term as chief minister, under similar circumstances. In 2000, he was picked by Jayalalithaa for the first time when she had to step down after being convicted in a land scam case.

1:19pm: AIADMK supporters protest outside DMK chief M Karunanidhi's house in Chennai.

12:15 pm: As many as 16 people are said to have committed suicide in Tamil Nadu following the verdict against Jayalalithaa in the assets case, according to The Times of India

While some suffered cardiac arrests upon hearing the verdict, several others killed themselves by consuming poison, self-immolation and by hanging themselves.

Three people hanged themselves, one supporter committed suicide by self-immolation, one person jumped in front of a bus and another consumed poison in the past two days since the verdict was announced. Ten others have died due to cardiac arrest, according to police officials. 

11:30 am: Jayalalithaa moved the Karnataka High Court against her conviction, as per news reports. The court will hear her bail plea on Tuesday.

Jailed AIADMK leader and former Tamil Nadu Chief Minister J Jayalalithaa, convicted for amassing disproportionate wealth during her first term in office, will move the Karnataka High Court on Monday for a bail application in the case, which has virtually destroyed her political career of more than two decades. 

Noted lawyer Ram Jethmalani will appear on behalf of Jayalalithaa, as per reports. Jayalalithaa was sentenced to four years in jail and was slapped with a fine of ₹100 crore. She had to step down as the chief minister immediately as her membership of the legislative assembly was disqualified. 

Jayalalithaa Gets 4 Years Jail Term in Assets Case, Has to Step Down as CM

Jayalalithaa's aide and former finance minister O Panneerselvam is set to take oath as the new Chief Minister of Tamil Nadu, which will mark his second stint in office, with the first term coming to him under similar circumstances in 2001, when the Supreme Court had termed Jayalalithaa's appointment as "unconstitutional". 

Panneerselvam was invited by state Governor K Rosaiah on Sunday to form the government. 

Tamil Nadu is in the grip of a tense political situation since Jayalalithaa's conviction, with reports of suicides emerging from different parts of the state. A 45-year-old committed suicide by hanging from a tree near Kancheepuram town while a 17-year-old girl student had set herself ablaze to protest the verdict, as reported by IANS.