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

I invested sterling tree magnum india ltd against application no.
J 536743 certificate no k 10069 dated16/3/1996. My ist interim was due on 9/12/2001 and 2nd interim was due on 9/12/2007 and final maturity amount rs.97500 was due on 9/12/2015 but as of today there is no whereabouts of company. I tried to connect company but no location of chennai and delhi address is exist.
Please look in this regard and advise what the court has decided.
Please help and advise.

Triloki kaul
[protected]@gmail.com
Dwarka newdelhi
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    My application no j 536743 certificate no k 10069 dated 16/3/1996. I have invested money in sterling tree magnum india ltd. My ist interim return was due on 9/12/2001 and 2nd interim was due on 9/12//2007 and final maturity amount rs97, 500 was due on 9/12/2015. I tried to contact chennai head office but no response received so far. I had registered complaint in this regard also. Please help.

    Triloki kaul
    [protected]@gmail.com
    Dwarka delhi
    [protected]
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      I have purchased sterling tree magnum india ltd bonds with maturity date 29/11/2013.

      I have neither received any correspondence nor redemption of my investment. The company cannot be contacted and a search shows there is a problem with this company.

      It is time the company repaid what is due by whatever means or the directors be held liable for fraud.
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        I had purchased 5 teak trees vide easy retirement teakquity program of sterling tree magnum india ltd in 1994 with maturity date of 2014. Its been four years post maturity date and neither i have received any communication from the company, nor there has been any response to the queries raised with them. Its the harrd earned money which we middle class people invest with the motive to have retirement corpus, but with companies like this duping their consumers is not only criminal but morally unethical. Need help to get this resolved
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          Reference : application no. : a113983, a141874, a141873 (3 trees each), certificate no. J2483, j2480, j2482 issued in the name of taher joher sibatra and johar sibatra, c/o a m rasiklal co no 26, netaji subhas road calcutta 700001 (3 trees)

          Sir,

          This is to inform you that we have invested rs 5475 against the cost of 3 (Three) teak trees planted at chintalaguda plantation in rayagada registration district, rayagada district of
          Sterling tree-magnum (India) limited
          Its maturity was on 27/09/2016, i would like my return.
          Jan 05, 2018
          Updated by tahersib
          TAHER JOHER SIBATRA
          PLEASE CONTACT ON-
          EMAIL- [protected]@gmail.com
          PHONE- [protected]/ [protected]
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            I had purchased a teak tree worth rs.1775, on 09/10/95 and its maturity date is 08/10/15 with assured mid term payments. However nither has ant mid term payment been made nor has there been any communication from the company.

            I expect a note from the company giving details of the current status along with the interim payments promised at the end of the 20th year.

            Vimlesh verma
            +91 [protected]
            Dec 19, 2017
            Updated by Vimlesh Verma123
            I had purchased a teak tree worth rs.1775, on 09/10/95 and its maturity date is 08/10/15 with assured mid term payments. Hoever nither has ant mid term payment been made nor has there been any communication from the company.

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

            Vimlesh Verma
            +91 [protected]
            20 yrs back My father invested 20, 000 INR on STM for trees, how to get updates on this issue? I have all the documents, i can post the soft copies here..please do the needful..thanks.. Mobile: [protected], [protected]
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              I had purchased a teak tree worth rs.20000, on 28/4/94 and its maturity date is 27/4/14 with assured mid term payments. However nither has ant mid term payment been made nor has there been any communication from the company.

              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 as well as the maturity amount.

              Please find the below certificate details

              Application no - u 9847
              Certificate no - m499

              Please find my personal details

              Name of the owner - surekha kamlakar kulthe
              Name of the nominee - manish kamlakar kulthe
              Current address - 3/27, devchaya apt, savarkar road, behind ganesh darshan, dombivli e, mumbai 421201
              Contact no - [protected] / [protected]
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                I had purchased 2 teak trees value 1275/ each. The date of purchase s 14 01 1994. Date of maturity 13 01 2014. Till now i hv nt recd any amount nt even a paise whereas they hv quoted rs 124000 each tree in the certificate issued. Pl take steps t recover our investments. We had all invested coz sterling s a reputed company n i want t know where hv they grown the trees n the status of our investment
                Regards.
                Bhuvaneswari s. Chennai.
                Contact. [protected]
                I have purchase ateak tree from sterling magnum company worth rs 975 but its expired still no reply from company didn't give my money yet help me

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                  We have purchased tree bonds from the co. with the assurance of mid term return & final return
                  1.Rashi khurana 02 E3749 28/02/1994 27/02/2014
                  2, Vaibhav khurana 02 E3746 28/02/1994 27/02/2014
                  3.Sunita khurana 01 C8412 28/02/1994 27/02/2014

                  Nothing has been given by them so far & there is no information.

                  Kindly look into

                  our address has changed, it is House no. 627 sector-29, Faridabad-121008

                  regards

                  Harish Khurana
                  My dad had purchased total 3 number of teak tree by the name of A.ANEES KHAN serial no. S 018713, A.AFZAL KHAN serial no. S 018637, A.IMRAN KHAN serial no. S 018712, date of joining the scheme 15/05/1992 the date of expiry of the scheme 14/05/2012, still no response of this, if someone knows about this please contact us @ [protected] / [protected]
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                    I had purchased one teak wood tree by paying Rs.975/- on 29/10/1992 which was due on 28/10/2012 (after 20 years) in South Karukurichi, Cheran mahadevi sub division, Ambasamudram taluk. Tirunelveli, Tamilnadu in the land t the extent of 17.76 acres. Till date there is no communication from the company. I do not have their phone numbers. I would like to know whether the company still exists or frauded the investors.i
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