Sterling Tree Magnum India Ltd Complaints & Reviews

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...

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]...

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...

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....

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,...

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...

I had purchased 20 teak trees from sterling tree magnum (stm) on 18/01/1995 under their "land owners teaquity scheme" in the name of my son dilneit m. p. (then 8 years old) by paying rs.1475 /- per tree. my total investment in this regard was rs.29500/. as per the land owners teaquity certificate issued by the said company, my son was to get rs.24500/- at the end of 6th year and rs 110000/- at the end of 12th year and a maturity value of...

I am Mrs Ranjana Kumar. I had invested in 30 teak trees In the year 1996. Maturity date was 28 Feb 2016. Each tree was bought for rs 1775.00. The company has failed to give returnes as promised in the certificate. There is no office or any contact number of the company now. Not a rupee has been given to me against this investment. I save seen on the net that sterling tree magnum claims to be active, but fail to understand in which way. Please...

I had purchased twenty two Teak Tree worth rs.1775/- each on 30.1.1996 and 22.08.1996. The maturity dated was 31.1.2016 and is 21.08.2016, but as per company, i have not received any midterm return or heard anything from company. the brief detail is as under:

Name of the owner: Dhanya Joy
Nominee name: Lucy Joy
No. of teak trees: 11
Age of owner: 8 yrs.
Application No.R 21427
Certificate No.H...

I purchased Two Teak Trees, one for myself and other in my wife, K.S Bramaramba's name.
As per the terms company was to make interim returns and at the end of 20 year term a lumpsum of 62000/-

I have tried my best to locate their address but there seems to be no company with this name in that location.
There is no response from the company.

Application No: 621940
Certificate No: T34070br...

My dad had purchased 3 tress on my name in 1996 with maturity on 2016 ...
Have certificates bearing no I 15540 and K 32180...

We have not received any communication in past 20years...

No interium is also receive as promised by them...
I seek report on this with all details from them...

As I get to see most of them are saying company is more settling their investors..

I...

Dear concern,
I manjunath subray bhandari have invested 5 trees on 25/4/1994. My certificate nos e1699, and application u 20285 and the date of maturity date 24/4/2014. Till date i have not received any feed back nor the maturity amount. Please hurry up and revert me back asap. And send me the maturity amount on the following address.

Manjunath subray bhandari
Plot no 22, sy no:108
M. G road tilakwadi...

Sterling tree magnum (India) ltd was incorporated under the companies act 1956 with their regisered office at 154 eldams road, teynampet, chennai 600018. I had purchased easy retirement teakquity certificate for 5 trees on 5th may 2015. I was informed that 5 trees has been allotted at vittanery plantation, in kalayar koil, subregistrations district pasumpon muthuramalinga thewar distric.

As per the scheme i supposed to get...

I have purchased 2 teak trees in the year 1995 and the maturity date was 22/05/2015. We would like to inform u that we have shifted to Bangalore so whatever maturity amount is there kindly send to our Bangalore address. Kindly contact me on [protected] / [protected]. Hope sterling will pay our maturity amount as early as possible. May mail id i [protected]@yahoo.co.in...

I had invested in my name Mrs.Lourdina Saldanha in the company rupees 47925 + 1825 = 49750 in december 1997. The company had promised interim returns in the 6th, 12th and final amount in the 20th year. No returns till date and the maturity amount due in a couple of years. Tried to contact the company but no success. Kindly help in getting the contact details. Highly appreciate if you help me. Thankyou. Mrs.lourdina Saldanha [protected]...

hi i m sandeep sharma living in satpur nashik maharashtra. i have invested in a trees of 1 nos and simaultaneously my brother had invested for 20 nos trees of rupees one thousand seven hundred seventy five each . ( 1775/-) . i i toohave received a certificate for all my trees but . but after that i have not received any detail of investment income or any paper from the company . i have invested in 29/6/1996 - 28/6/2016. but i have not given...

Dear sir/madam,
I C.kesavaram owner of two teak trees,which purchased by my father C.Raghupathi in the year 08/05/1992 and 11/05/1993 with respect to that the company has issued an certificate with serial no-008190 &18664 and certificate no-T8311 & C2262, my share expires on 2012 & 2013 respectively. I heard that a case going on,i have contacted the new address of that company in rangarajapuram & sent...

I INVISTED RS21650/-IN STERLING TREE MAGNUM INDIA LTD.BY 10 PDC CHEQUE FROM DATED 20/02/1997 TO 20/11/1997 MY CERTICATE NO.Q5969 BUT I NOT RECEIVED ANY SO CALLED INTERIM RETURNS 1TH 25/08/2003 AND 2ND 25/08/2009 MY DATE OF MATURITY ON 26/02/2017 PLEASE HILP ME.

TAPAN KUMAR PANJA
36/3 MAHENDRA BHATTACHARYA ROAD
HOWRAH-711104 WIST BENGAL
E-MAIL:[protected]@yahoo.in
PH.NO:[protected] CELL [protected]...

dear sir,
i am a serviing soldier in army when i was posted in Bangalore (during1995) i had purched two trees and it maturity date is[protected] i was spouse to get the intrem returns after 6th and 12th year but neither i got nor the company contacted. my certificate No. D12816. if you can retain my assured amout of 144000/- i will be ever greatful to you.
...

Dear Sir,


I K NAGARAJU OWNER OF 1 TEAK TREE.CERTIFICATE NO. F 5641 , OF HER BOND IS APPLICATION NO. K418530 .DATE OF JOINING IS 09/01/1995.MATURITY DATE IS 08/01/2015.AND TRESS ARE PLANTED AT PARVATHIPURAM PLANTATION IN PARVATHIPURAM SUB-REGISTRATION DISTRICT, VIZIANAGARAM AT ANDHRA PRADESH IN INDIA. ABOVE ALL DETAILS IS ACCORDING TO BOND ISSUED BY THEM.
THIS COMPANY IS REGISTERED UNDER THE COMPANIES ACT 1956...

I have purchased STM certificate no: P2537 for Rs.3650, on 12.9.96. I did not receive the first and second interim returns expected on 10.3.03 and 10.3.09. I heard the company is closed. The maturity date of my certificate is 11.9.16.

I would appreciate if suitable action is taken against the owners of this company for cheating the public.
Compensation if any is most welcome. I may be contacted at the email address provided....

I purchased TWO teak plant under Easy Retirement Teakquity vide certificate no E924 and application no T 40418 on 3/12/1993 with assurance for return at interval of period but so far we neither received any intimation nor any money with reference to above. this is a serious cheating. I request to take suitable action against the co for immediate payment of my hard earned money.
vinay kimar srivastava
Dhanbd...

This is D.APPARAO Iam Purchased two trees by the name of my self and My Brother D.GANGA RAJU on 7-11-92 receipt no; 0768 & 0767 and Application mumber 610820,610821.past i nave send the postage to the company two times But am not receined any confirmation from the company side so pleasae settled my policy as early as possible

thanking you,

YOUR'S FAITH FULLY,

D.APPARAO

D.APPARAO,br...

Sir,
I was a employee of sterling tree magnum india ltd since 1996 to 1999 and my PF a/C-NO-TN/31742/3049.0, But after several reminder they are not responding and neither they have provided the correct office address.
Requesting u kindly help in this matter urgently.

Regards,
Bibhuti Bhusan Biswal.
[protected]...