Sterling Tree Magnum Ltd. — non-payment of maturity proceeds and interim returns

Sterling Tree Magnum Ltd. — redemption of teakquity certificate

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purnimaraj on Jun 21, 2018 Mark as Resolved

Company not responding or honouring payment in respect of my investment, detailed hereunder ;
1. Application no. R 87496
2. certificate no. K 40137
3. date of maturity - 30/03/2016
4. interim returns assured on 30/03/2002 & 30/03/2008
5. Maturity value - 1.06 cum teak or Rs 97500/=

Company appears to be a cheat which has duped many investors like me. They are not responding to calls or letters or mails. However, they are reported to be staying in the Teynampet/Alwarpet locality & leading an extravagant life style. Strict action needs to be taken against the promoters & our maturity value needs to be paid alongwith interewst thereon..
Updated by purnimaraj, Jun 21, 2018

I may be contacted at email - [protected]@rediffmail.com' and mob. - [protected]
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Jun 21, 2018
Updated by purnimaraj
Sterling Tree Magnum Ltd. — redemption of teakquity certificate

1 Review
purnimaraj on Jun 21, 2018 Mark as Resolved

Company not responding or honouring payment in respect of my investment, detailed hereunder ;
1. Application no. R 87496
2. certificate no. K 40137
3. date of maturity - 30/03/2016
4. interim returns assured on 30/03/2002 & 30/03/2008
5. Maturity value - 1.06 cum teak or Rs 97500/=

Company appears to be a cheat which has duped many investors like me. They are not responding to calls or letters or mails. However, they are reported to be staying in the Teynampet/Alwarpet locality & leading an extravagant life style. Strict action needs to be taken against the promoters & our maturity value needs to be paid alongwith interewst thereon..
Updated by purnimaraj, Jun 21, 2018

I may be contacted at email - [protected]@rediffmail.com' and mob. - [protected]
Complaint comments 

Comments

Application no- G-155593 and certificate no-D5825 name of owner- madhu saxena
Name of nominee-siddharth saxena
Purchases two teak trees worth rs 1475 on date 26/02/1995 and the maturity date of scheme is 25/02/2015. On the scheme of easy retirement teakequity worth rs 144000 plan E.
now who to contact and how to proceed to get the money

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