Sterling Tree Magnum India Ltd.
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Sterling Tree Magnum India Ltd. Complaints & Reviews

S
srujanshilta
Feb 23, 2023
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STM Certificate No J32063

Hello. I had purchased 1 tree from STM, Certificate No J32063. On maturity, nothing has been received and no call or response from the company. Please help resolve this issue and help get the maturity payment.
Thanks....
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S
sushmi duggu
Jul 2, 2022
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Not refunding after maturity

My name j.uma maheswararao, from andhr a Pradesh.
I paid for 15 trees in 1995,
It's been 27 years, no response from the other side
What to do now, some one has to take action and solve...
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P
Pranavjc
from Surat, Gujarat
Apr 22, 2022
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Maturity amount not received

I Jayvadan chandulal chapadia purchased 15 teak tree from Sterling Tree Magnum India Ltd. in October 1995 worth rs. 1475/-each vide application no G147084 and certificate no B2138 the maturity date is April 2015 No response from this side nor any payment .
I heard about company giving back invested amount and i had sent my papers copy but the address was not found and i got my latter back from courier. As Company not present at mentioned...
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P
Preethika Ullal
Aug 28, 2021
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Teakquity Maturity claim

Address:Chennai

We have 5 Teakwood tress in the year 1997 and it is been matured on 2017. Trying to claim the money. Need information to contact the company...
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A
Ayush jain01
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Non receipts benefits and interim

As I purchased two teak tree worth Rs.1825 on[protected] & its maturity
date is[protected] & assured mid term payments on[protected] &
second was on[protected].However it was not fullfilled by the company.

Plzzzzz tell me the criteria of getting all my money back with full interest & benifits.

OUR APPLICATION NO DOo73996 and D010603 TWO TREE ONLY
CERTIFICATE NO K J20889 and J11173...
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M
mehta1128826724
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Refund against purchase of Teak Tree

Address:Chennai

Purchase of two teak tree from Sterling Tree Magnum India Ltd in the year 1994, maturity date is Sept.2014 certificate number is D1382

Name : Jawahar Lal Mehta

Mobile number [protected]
mail id: [protected]@yahoo.com...
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Address:Bangalore, India

My father has invested in this sterling tree project .He opened this account in my name; Siny Sebastian on 28/2/93 by purchasing 1 teak tree.

The application number is 22162. The certificate number is T48848 and it expired on 27/02/2013. There was no returns of interest nor the principle amount from the company's side.

Still now we have not received any further information from the company.
Kindly help...
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D
Devshirsat
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Maturity value not paid

Address:154, Eldams Road, Teynampet, Chennai 600018.

NAME: DEVDATTA SHIRSAT
W-4/153/3, DURGABHAT, PONDA. GOA 403401

CERTIFICATE NO. : Q8128

NO OF TREES: 11 TREES

DATE OF MATURITY : 27/07/2017

Not received any communication or Matured Value after maturity period....
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N
Nagarjuna Sreeram
from Bengaluru, Karnataka
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Amount not refund as per agreement

Address:560085

I had purchased a teak trees (15trees) worth rs. 2950/tree, on 29/4/1995 and its maturity date is 26/04/2015 with assured mid term payments 6th year and 12th year and maturity payments but not received single rupee from date of payment.

I expect a note from the company giving details of the current status along with the interim payments promised at the end of the 6th and 12th year.

Navya b e
+91 [protected]br...
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J
Jawahar Lal Mehta
from Gurgaon, Haryana
Nov 30, 2022
This thread was updated on Nov 30, 2022
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Refunding my money

Address:New Delhi, Delhi, 110059

I Jawahar lal Mehta purchased two teak tree from Sterling Tree Magnum India Ltd. in Sept.1994 worth rs. 1475/-each vide application no G107299 and certificate no D1382 the maturity date is Sept.2014. No response from this side nor any payment .I sent many correspondence, Email, complaints on this company. His sister concern is Sterling Holidays Resorts. I wrote to this company about this cheating company. They told me that they will pay you...
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G
gokhalesharad
from Mumbai, Maharashtra
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Interim Returns not Paid

Address:Thane, Maharashtra

I have purchased One Teak Tree for Rs.1775/- vide application no. R 20418 dated 15.01.1996 ( Maturity : 14.01.2016) and One Teak Tree for Rs.1825/- vide application no. D 0306556 dated 05.06.1997 ( Maturity : 04.06.2017). Till date there is neither a single line of communication from the company nor have they paid interim returns in two instalments as committed. The maturity amount committed is Rs.97, 500/- per tree. I am doubtful...
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S
schandra
from Delhi, Delhi
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 receipt of maturity and interim benefits under easy retirement teak equity

Address:New Delhi, Delhi

I purchased 2 teak trees under Easy Retirement Teak Equity plans and invested Rs.2550/- on 19th May 1994. We were issued certificate nos. E5385. The scheme was scheduled for maturity on 18th May 2014. As per the certificate, I am guaranteed 37.5 cft /1.06 cu mtr of Timber per tree. These trees were said to planted at Maruthangulam Village, Kalathur Group, Tiruchuli Talik, Tirupuvanam Sub Registration District Sivaganga, Registration District,...
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K
Keshava chavan
from Mangalore, Karnataka
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Future assurance Еeakquity

Address:Bangalore, Karnataka

As I purchased teak tree worth Rs.1775 on[protected] & its maturity
date is[protected] & assured mid term payments on[protected] &
second was on[protected].However it was not fullfilled by the company.

Plzzzzz tell me the criteria of getting all my money back with full interest & benifits.

OUR APPLICATION NO R38555 ONE TREE ONLY
CERTIFICATE NO K 42800...
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