Justice Yashwant Verma Faces Impeachment After SC Rejects Plea in Cash Scandal

• The Supreme Court dismissed Justice Yashwant Verma's petition challenging the Lok Sabha Speaker's decision to initiate an inquiry under the Judges Inquiry Act, 1968.
• The case stems from a cash scandal in March 2025, where burnt currency notes worth approximately 2.5 crore rupees were found in his Delhi High Court residence during a fire.
• Justice Verma was transferred to the Allahabad High Court but was not assigned judicial work; investigative agencies are probing the cash source and fire.
• The Supreme Court affirmed the Lok Sabha Speaker's authority to form an inquiry committee without prior Rajya Sabha resolution, rejecting Justice Verma's argument.
• The impeachment process involves a three-member inquiry committee, followed by a two-thirds majority vote in both Lok Sabha and Rajya Sabha for removal.

Why It Matters: Justice Verma faces an impeachment inquiry after the Supreme Court upheld the process in a cash scandal.