[Resolved]  Sterling Tree Magnum — 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 with the Company were to be given 0.8 Cubic Meters of Teak at the end of 15 years from the date of the HC order.
I opted to stay invested, but till date I have no feedback from the Company as to the status of the plantations.