Sterling Tree Magnum
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COMPLAINTS

Sterling Tree Magnum Complaints & Reviews

Cheated by STERLING TEAK SCHEME
I have invested in Sterling Tree Magnum as per the below.
1, Three trees in my daughter’s name ( Saibavadarini ), on 30/08/2014 amounting to Rs 4425/ ( Rupees four thousand four hundred and twenty five only). Certificate Number : F591 and maturing on 30/08/14.
2, Twenty Trees in y wife’s name ( Nandhini V Murali ), on 27/02/1995 amounting to Rs 29, 500/ ( Rupees twenty nine thousand...
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T
Tapan Kumar Sikdar
from Bengaluru, Karnataka
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Non receiving of 1st returns and 2nd returns

Address:Kolkata, West Bengal

I, Sonali Sikdar, had purchased quantity 01 (One) Teak Tree from STM (Sterling Tree Magnum (India) Ltd on 20 Feb 1998 vide Application No AA0017513 and Original Certificate No 047809 dated 1999. First Interim returns was due on 22 Feb 2004 and the Second Interim was due on 22 Feb 2010. But till date none Interim has been received by me.

My Permanent address is :-

Smt Sonali Sikdar
House No : 42,
Dr....
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J
JSKalra
from Hisar, Haryana
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No refund on maturity and no information .

Address:Gurgaon, Haryana, 122002

I had purchased 10 trees on 1995 @ basic value of more than 10, 000/_.
The maturity date of 5 was in May 2015 and 5 it is this month on 30th Oct 2015.
However no communication from the company no reply on letter send.
Please suggest whom to address the complain and how to get money back from Sterling Tree Magnum...
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T
tanvi1232
from Bengaluru, Karnataka
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Have not receievd the promised returns on investment

Address:Bangalore, Karnataka

I have invested in the Streeling Tree Magnum Teakquity and have purchased 15 teak trees from them. The duration of the investment was from 24/08/1994 to 23/08/2014. However I did not receive any sort of communication or receive the money. I had put this money as an investment for her child so it will help support her education later. Please tell me how to get justice for this. I have invested a lot of money and have received nothing. Please...
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A
anantMSU
from Mumbai, Maharashtra
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

INVESTMENT AMOUNT /INTERIM NOT RECEIVED

Address:Chennai, Tamil Nadu

I HAVE INVESTED RS.48000/- AGAINST TREEE MAGNUM TEAK EQUITY.AROUND TEN YEARS BACK (RE,G441). IHAVE NOT YET RECEIVED ANY RETURNS SINCE INVESTMENT MADE AND NO CORRESPONDANCE AND EVEN IF I PHONE NO ANSWER/REPLY. AND EVEN I AM SENDING E MAILS NO REPLY. WHERE IS THE OFFICE TO WHOM TO BE CONTACTED NO DETAILS ARE AVAILABLE EVEN IF I WANT TO SEE PERSONALY. THE COMPANY MANAGMENT DOES NOT KNOW WHERE THE COMPANY MANAGEMENT(md, CHAIR MAN OR ANY OFFICERSbr...
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CRB
from Coimbatore, Tamil Nadu
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

No info.from Company on status of plantations

Address:Coimbatore, Tamil Nadu

I hold Certificate Nos.T28056 & T28057 both dt.07/10/1992 (for 1 teak tree each) and Cert. No. K17344 Dt.15/02/1996 (for 2 trees) and as per Madras High Court Order Dt.29/02/2008 Company circulated a Compromise/Arrangement proposal whereby those investors who opted out of their scheme were to be paid the actual invested amount (without any returns) within a pperiod of 36 months from the date of HC order while those who opted to stay invested...
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paresh shah
from Mumbai, Maharashtra
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

no address-news of trees purchase in 1996

Address:Mumbai City, Maharashtra

i have bought 5 trees in 1996 of sterling trees --still no returns --no news of cos ? where to find cos all owner who cheated common public ? who have to try find out n put all alligation in newspaper ? what exactlly happen to that land n trees ??? hard earned money ? very big big fraud--pls try to catch that all owners n put him behind bars ? than only they under stad ....how common people hard earn money...
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M
Murali Mohan Vellodi
from Pune, Maharashtra
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Non Refund

I had purchased 2 units of TEAQUITY in the names of my minor children Mrinal Vellodi and Haripriya Vellodi bearing numbers K18039 and K 18038. I have neither received any returns or the refund for the same till date. I am told that this is being converted into Sterling Resorts Time share. Kindly guide so that the money is not lost....
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A
anil kumar jain
from Delhi, Delhi
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The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

transferring the week certificate into share

aplication no :-G 124523

certificate no :- D11904

owner :- anil kumar jain

date of joinning :- 20/jan/1995

maturity date :- 19/jan/2015

number of teekpree owned :- 5...
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