The Supreme Court is pressing for a resolution to deliver homes to 22,000 Unitech homebuyers who have waited for years. It has asked the new board, banks, and financial institutions for proposals while investigating where investors’ money went. Former promoters are alleged to have parked funds in tax-haven countries, and the court wants a clear path to delivery.
DB Realty and Unitech stocks rose after top executives from both companies were granted bail in the 2G scam case. The market reaction suggests traders are weighing immediate legal relief more than the broader uncertainty around the long-running scandal. The move highlights how court developments can quickly sway sentiment in heavily watched corporate investigations.
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