I am y n rao, purchased 5 trees on 17/01/1995 (Certificate no. D14538) with a purchased value 0f rs.1475 from sterling tree magnum with a guarantee teak timber 1.06 cu. M per tree. So far i have not heard of the company status, communication, payments as per their easy retirement teakquity plan
Company promised payment plan
D/ no. Of trees 5/one time full payment rs.7375/-/interim returns end of 6 years rs.6, 125/end of 12 years rs.27, 500/-/ maturity value at the end of 20th year rs. 3, 60, 000 or life time payment after 20 years rs per month 3, 300
So far not received a single rupee from them even after completion of 20 years. Was this information helpful? |