Yes MACEL have assets but in last 3 years CCD have been able to recover only 100cr as of now and as stated by SEBI they don’t think CCD is really serious about recovering their money beacuse through MACEL a lot of fund was also transfered to VG Siddhartha and his family, There is really something bad cooking in the company i am saying this only after reading their Auditors Disclaimer in Annual Report, so this can be a high risk high reward bet, and maybe i am just assuming the worst case scenerio and i hope to be wrong.
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