Sterling Tree Magnum (India) Ltd Complaints & Reviews
Resolved
Resolved
Land Owners Equity Plan
| Address: Thrissur, Kerala |
I have purchased 21 Teak Trees in Sterling Tree Magnum (India) Ltd.'s Teak Equity Plan 0n 16/11/1993.
They issued a certificate on my application T51838 and its Certificate No. is L1807.
They are supposed to give me Rs, 16,800/- in 6th Year, Rs. 75,600/- in 12th year and Rs. 13,02,000/- in 2013 on the completion (maturity) of this plan.
But, so far nothing has been received and they really cheated me.
They closed their Cochin office also. Now they a,re functioning in some part of Tamil Nadu, (as I don't know where they are actually located).
Pleale do the need ful to get my money.
Thank you
They issued a certificate on my application T51838 and its Certificate No. is L1807.
They are supposed to give me Rs, 16,800/- in 6th Year, Rs. 75,600/- in 12th year and Rs. 13,02,000/- in 2013 on the completion (maturity) of this plan.
But, so far nothing has been received and they really cheated me.
They closed their Cochin office also. Now they a,re functioning in some part of Tamil Nadu, (as I don't know where they are actually located).
Pleale do the need ful to get my money.
Thank you
Aug 13, 2020
Complaint marked as Resolved View replies
give my money
Reply
Helpful
Found this helpful?
1 Comment
Post your Comment
STATUS ON COMPANY
| Address: Bangalore, Karnataka |
Dear Sir,
I have purchased one Teak Tree on 28/11/1992 in my wife name S O Nagarathna vide their Application No. 667639 and Certificate No. T 35817 issued by the STM on 28/11/1992.
As per the terms Co. supposed to make Interim returns payable by 27/11/2012.
I have tried my best to locate their address ( address mentioned in the certificate is now changed as confirmed by one of my friend).
There is no response from the company.
My Present Residence Address :
Mrs. S O Nagarathna
W/o Venkatramu R
No.11/1, 12th Cross,
Chinnappa Garden, Benson town post,
Bangalore - 560 046.
Mob : +91 [protected]
I have purchased one Teak Tree on 28/11/1992 in my wife name S O Nagarathna vide their Application No. 667639 and Certificate No. T 35817 issued by the STM on 28/11/1992.
As per the terms Co. supposed to make Interim returns payable by 27/11/2012.
I have tried my best to locate their address ( address mentioned in the certificate is now changed as confirmed by one of my friend).
There is no response from the company.
My Present Residence Address :
Mrs. S O Nagarathna
W/o Venkatramu R
No.11/1, 12th Cross,
Chinnappa Garden, Benson town post,
Bangalore - 560 046.
Mob : +91 [protected]
View replies
sir my name is k. suryanarayana application no. is 55564/certificate no. is t40047 for one tree my at chennai the adress is STERLING TREE MAGNUM INIDA LTD, NEW NO.2 VISWANATHAPURAM, IST STREET, RANGARAJAPURAM KODAMBAKKAM. MY DOUBT IS THAT IT IS THEIR OR CHANGED I DON'T ANYTHING OF THIS COMPANY, NOW WHAT IS THE POSTION OF COMPANY IT IS REALIABLE OR NOT. IN FEW MONTHS I WANT TO TAKE MY MONEY WHICH I HAVE AUTHORITY. MY C0NTACT NO. IS [protected]. I AM STAYING IN VISAKHAPATNAM AT VELANKY.
THANKING U SIR
THANKING U SIR
Helpful
Found this helpful?
1 Comment
Post your Comment
Resolved
Resolved
Non receipt of return as agreed
| Address: Pune, Maharashtra |
I had invested in Sterling Tree Magnum ( India) ltd on 20/07/1995.Application No: D 316062,Certificate No: I 12550 Name of the owner : Shailaja Kapila.
As per the promice during investment I would have recieved First interim Return on 20/07/2001 and second Interim return on 20/07/2007.
But still now I havn't got any returns on my investment.
So pl help me out in out settling this dispute favourably.
As per the promice during investment I would have recieved First interim Return on 20/07/2001 and second Interim return on 20/07/2007.
But still now I havn't got any returns on my investment.
So pl help me out in out settling this dispute favourably.
Aug 13, 2020
Complaint marked as Resolved Helpful
Found this helpful?
Write a comment
Post your Comment
Resolved
Resolved
Without Bonus, Dividend and other communication
| Address: Erode, Tamil Nadu |
I had purchased 2 teak trees by had with Sterling Tree Magnum (India) Ltd at paying an amount of Rs. 2.950 /- at that time and my joining year was 1995 and maturity year is 2015. Till date I have not yet received any Dividend, Bonus and Everthig with commnucation letter and are also. I have sole my two teak trees bond, how to apply for sale procedure. plaese tell me or mail with [protected]@rediffmail.com
Kindly look into this matter as soon as possible.
With regards
R Rajeshkanann
Kindly look into this matter as soon as possible.
With regards
R Rajeshkanann
Aug 13, 2020
Complaint marked as Resolved View replies
My father (Late Mr. Mani Taneja) also invested in this company for two teak tress each for Rs 1275 on 13/02/1995.
The maturity date is 12/02/2015. Application No. is K 413162 & Certificate No. is F 3765.
We have nor received any response / communication from the company.
If anybody knows how to contact the company or get the amount on maturity, please please mail me at [protected]@gmail.com / [protected]@yahoo.co.in or contact me at +91-[protected] or +91-[protected] or[protected].
I would really be very grateful & oblige if any one could help me.
Regards,
Naval Taneja
The maturity date is 12/02/2015. Application No. is K 413162 & Certificate No. is F 3765.
We have nor received any response / communication from the company.
If anybody knows how to contact the company or get the amount on maturity, please please mail me at [protected]@gmail.com / [protected]@yahoo.co.in or contact me at +91-[protected] or +91-[protected] or[protected].
I would really be very grateful & oblige if any one could help me.
Regards,
Naval Taneja
Helpful
Found this helpful?
1 Comment
Post your Comment
Resolved
Resolved
Non payment of returns
| Address: Delhi |
I had invested 5 Trees against Easy Retirement Teakquity (ERT) in Sterling Tree Magnum (India) Ltd., 'Divyaa' No. 8A, Murrays Gate Road, Chennai 600018 on 09 Jan, 1996. Serial # 24603, Executive Agent Code ND/DL/616. Had given cheques total value Rs. 9125/-. I am from a middle class family and it was my hard earned money expecting good returns for my retirement.
Inspite of follow ups, no responses and nowhere info of this company.
!!!!!!!!Pls help me!!!!!!!!!!. My contact details:
Mahesh Saoji
5141/3, Krishan Nagar
Behind Khalsa College
Karol Bagh, New Delhi 110 005
Cell:[protected]
E.mail: [protected]@rediffmail.com
Inspite of follow ups, no responses and nowhere info of this company.
!!!!!!!!Pls help me!!!!!!!!!!. My contact details:
Mahesh Saoji
5141/3, Krishan Nagar
Behind Khalsa College
Karol Bagh, New Delhi 110 005
Cell:[protected]
E.mail: [protected]@rediffmail.com
Aug 13, 2020
Complaint marked as Resolved View replies
ert — Request
TOPTU UNIVERCITY,
JALANDHAR.
Subject - Request
Dear Sir,
My self name is SATKAR SINGH And i belongs to Chamkaur Sahib (Ropar). Dear sir i belongs to SC cast and i am verry poor to finacelly. Sir my father is only Army Retired i am verry 2 poor. Dear sir Request is that Iam doing Bsc(it)6th sem. I want to take additmiion in MSC(IT).But Dear sir my reappers are 4 . In case Dear sirI will request to you. you please 2 passe my reappears . I will not forgive to you. thanks Your`s Faithfully Student,
SATKAR SINGH
Roll no[protected]
please 2 THANKS
STERLING TREE MAGNUM — Non payment of Returns
I have Investments totaling amount 47,000/-, which my father bought from Sterling Tree Magnum in the year 1994. I have invested in 27 teak trees for RS 1775 EACH in STERLING TREE MAGNUM(INDIA)LTD 15years ago, as dated 30/06/1995...and the maturity was given as 29/06/2015 in the name of my wife and daughter.
it was planted at: THEPPAMPATTI PLANTATION in Andipatti Sub-Registration District, Madurai District...
but i have not received any acknowledgement from the company..i request you to look into this matter and contact us as soon as possible..
AS I REQUEST YOU TO PLSEASE CONTACT REGARDING OUR INVESTMENT
HOPE YOU WIL GET BACK TO US
Shyam Tikamdas Menghani
APPLICATION NO: D 329625
EMAIL ID : vivi.[protected]@yahoo.com
MUMBAI
it was planted at: THEPPAMPATTI PLANTATION in Andipatti Sub-Registration District, Madurai District...
but i have not received any acknowledgement from the company..i request you to look into this matter and contact us as soon as possible..
AS I REQUEST YOU TO PLSEASE CONTACT REGARDING OUR INVESTMENT
HOPE YOU WIL GET BACK TO US
Shyam Tikamdas Menghani
APPLICATION NO: D 329625
EMAIL ID : vivi.[protected]@yahoo.com
MUMBAI
Helpful
Found this helpful?
3 Comments
Post your Comment
Resolved
Resolved
No Returns or correspondence
| Address: Ernakulam, Kerala |
I Have Teak tree Certificate Application No: 30717 Certificate No: T47050
Name of the Owner: Freeda Fernandez. I joined the scheme on 12/04/1993 and the date of expiry of the scheme is on 11/04/2013.
So far i have not received any communication from the company.
Would you please help me to know the status of the company.
My current address is:
Freeda Fernandez
C Cottage,H No: 29/527-A
Janatha Road
Vyttila, Ernakulam 682019 Kochi
Email: [protected]@hotmail.com
Name of the Owner: Freeda Fernandez. I joined the scheme on 12/04/1993 and the date of expiry of the scheme is on 11/04/2013.
So far i have not received any communication from the company.
Would you please help me to know the status of the company.
My current address is:
Freeda Fernandez
C Cottage,H No: 29/527-A
Janatha Road
Vyttila, Ernakulam 682019 Kochi
Email: [protected]@hotmail.com
Aug 13, 2020
Complaint marked as Resolved View replies
sterling tree magnum india ltd — no returns
my father invested in 1996 for the long trem investments now we didn't got any updates abou the company address or phone no's so plz any other investers plz help me i want to know information so plz do me favour i[censored] find any add or ph:no's onform medevendra kumar.P
tirupathi.
mob: [protected]
Sterling Tree Magnum India Ltd. — No Returns, No correspondence
Sir,On 11.01.1997, We had purchased 2 trees of Sterling Tree Magnum vide Application No. A159044, Certificate No. P7420 dated 18.09.1997.
The First Interim returns were due on 09.07.2009 & Second Interim Returns were due on 09.07.2009. Till now the company has not sent any correspondence or Returns. The Date of Maturity is 10.01.2017. The letters to company address do not fetch any reply.
What is the course of action for us ?
Rajeev Kayde - Director - Fiesta Investment & Finance Pvt.Ltd., Nasik.
Jawahar Lal Mehta's reply, Nov 2, 2020
ye company diwalia ho chuki h aur company ke directors ne apni new company bana li h agar aap me himmat h to company ke directors ko jail karva do aur FIR/fraud/cheating ka case daal do. Directors ko jail ho jaye to Shyad hume hamara invested amount refund ho sake
Jawahar Lal Mehta
9818544704
Jawahar Lal Mehta
9818544704
Sterling Tree Magnum India Ltd. — No Returns , No Correspondence
Sir,I had put up a complaint just now for non-reseipt of Returns & no correspondence from M/s Sterling Tree Magnum India Ltd., erroneously the name of the company was mis-spelt as "Syrling Tree Magnum India Ltd." instead of Sterling Tree Mangnum India Ltd.
Please read the complaint with this rectification.
Thanks
Rajee Kayde - Director - Fiesta Investments & Finance P.Ltd.
STERLING TREE MAGNUM (INDIA)LTD — NO RETURN
I AM ONWER OF 2 TAKE TREE FORM STERLING TREE MAGNUM INDIA LTD COMPANYS CERTIFICATE NO E 729 ON DATED 18.12.1993 THE COMPANY HAD GIVE BIG PROMISES BUT NOW THIS COMPANYS MAIL ADD. IS NOT REACHABLE AT THE MOMENT.FROM
JINDAMWAR R.M.
ND-2-2W 9/4 CIDCI NANDED.
MAHARASHTRA - 431603
Helpful
Found this helpful?
4 Comments
Post your Comment
Resolved
Resolved
Status of My Investment
| Address: Nagpur, Maharashtra |
My Employer Mr. Navneet Singh Tuli has invested in Sterling Tree Magnum (India) Ltd. for Teak Trees under Teakquity Plans. Plan - G, no.of trees 2.
Sr. No. A 105101 dt.12.07.1996 Ref.No. 5 PUN 00037. Paid by Ch/360287 dt.12.7.96 Rs.3650/- drawn on Central Bank of India.
I would like to know the status of the investment & for redemption. The office at Nagpur is not available at the given address. Please advice to trace the company.
Thanking you.
Sr. No. A 105101 dt.12.07.1996 Ref.No. 5 PUN 00037. Paid by Ch/360287 dt.12.7.96 Rs.3650/- drawn on Central Bank of India.
I would like to know the status of the investment & for redemption. The office at Nagpur is not available at the given address. Please advice to trace the company.
Thanking you.
Aug 13, 2020
Complaint marked as Resolved View replies
sterling tree magnum(india)ltd — where is my investment
I purchased a tree from this company on my daughter"s name Rhythm Ahuja on 9-6-1995. I sent a letter to this company for the change of address & change of name of my daughter from Rhythm Ahuja to Nikita Ahuja in the year 1998 through courier. But till date I have not received any response from this company. I donot know where is the tree & what happened to my investment. I have the certificate of this company vide certificate no. F 4328(Application No. K 410769). Kindly inquire about my invesment &when my daughter will received maturity value. i shall be thankful to you. Hari sarup Ahuja my certificate nomber-k2747
sterling tree magnum ltd — NON RECEIPT OF DIVIDEND
I HAVE INVESTED RS.1775 PER TREE IN TWO TREES IN 1995 VIDE SCHEME FAT UNDER APPL NO.J565512 AND 13. THE FATE OF THE SCHEME FOR THE LAST 15 YEARS IS NOT KNOWN. WE WISH TO KNOW THE STATUS QUO OF THE INVESTMENT AND THE CASE FILED UNDER COMPANIES ACT 1956 PENDING IN THE HIGH COURT AT CHENNAI CASE NO.555 OF 2008sterling tree magnum(india)ltd — NON-RECEIPT OF DIVIDEND/INTERIM RETURNS.15776
APPLICATION NO=G103785CERTIFICATE NO=D10989
DATE OF JOINING=[protected]
AMOUNT DEPOSITED=RS.8400
INTERIM RETURNS DUE ON[protected]=RS.6125
INTERIM RETURNS DUE ON[protected]=RS.27500
NO INTERIM RETURNS HAVE BEEN RECEIVED TILL DATE.
NAME=SATYANANDA BAGHAR
MOB=[protected]
EMAIL=[protected]@nalcoindia.co.in
sterling tree magnum(india)ltd Complaints - NON-RECEIPT OF DIVIDEND/INTERIM RETURNS.
View all sterling tree magnum(india)ltd complaints
sterling tree magnum(india)ltd
Location: NALCONAGAR, Angul, Orissa, India
snbaghar on May 27, 2011
NON-RECEIPT OF DIVIDEND/INTERIM RETURNS.
APPLICATION NO=G103785
CERTIFICATE NO=D10989
DATE OF JOINING=[protected]
AMOUNT DEPOSITED=RS.8400
INTERIM RETURNS DUE ON[protected]=RS.6125
INTERIM RETURNS DUE ON[protected]=RS.27500
NO INTERIM RETURNS HAVE BEEN RECEIVED TILL DATE.
NAME=SATYANANDA BAGHAR
MOB=[protected]
EMAIL=[protected]@nalcoindia.co.in
View all sterling tree magnum(india)ltd complaints
sterling tree magnum(india)ltd
Location: NALCONAGAR, Angul, Orissa, India
snbaghar on May 27, 2011
NON-RECEIPT OF DIVIDEND/INTERIM RETURNS.
APPLICATION NO=G103785
CERTIFICATE NO=D10989
DATE OF JOINING=[protected]
AMOUNT DEPOSITED=RS.8400
INTERIM RETURNS DUE ON[protected]=RS.6125
INTERIM RETURNS DUE ON[protected]=RS.27500
NO INTERIM RETURNS HAVE BEEN RECEIVED TILL DATE.
NAME=SATYANANDA BAGHAR
MOB=[protected]
EMAIL=[protected]@nalcoindia.co.in
Sterling Tree Magnum (India Ltd) — Investment
Dear sir,I have invested in Sterling Tree Magnum (India Ltd) in 10/12/1995 in their tree plantation. I have received Certificate no.K10069 dated 10/12/1995. But of today, i have not received any interim returns and not received my final amount. I have contected their head office but not resposn received. The company have cheating me, please help me
The address shown on the certificate are stated below:
154, Eldams road, Teynampet, Madras 600018
or
Divyaa, 8A, Murrays Gate Road, Alwarpet Madras-60018
Thanks you.
Triloki Kaul
[protected]@rediffmail.com
I have invested for 5 tress and the certificate number is D10021. No return till date and no communication from Sterling group. - VARADARAJAN-[protected]
Dear sir
I have invested in steeling tree magnum (india) limited on 19/10/1995 in there tree plantation . I have invested for the plantation of 9 trees . The following are the three certificate numbers that i've recieved respectively K37417, K37418 aod J7419 on 03/12/1996 but of today i have not recieved any interm returns and not recieved any final amount . I have contected their head office but not recieved any response. The company have cheated me please help me.
The address is
Mohanjit singh 769 urban estate phase 2 jamalpur, ludhiana, punjab, 141010.
Mobile number
[protected]
I have invested in steeling tree magnum (india) limited on 19/10/1995 in there tree plantation . I have invested for the plantation of 9 trees . The following are the three certificate numbers that i've recieved respectively K37417, K37418 aod J7419 on 03/12/1996 but of today i have not recieved any interm returns and not recieved any final amount . I have contected their head office but not recieved any response. The company have cheated me please help me.
The address is
Mohanjit singh 769 urban estate phase 2 jamalpur, ludhiana, punjab, 141010.
Mobile number
[protected]
Dear sir
I have invested in steeling tree magnum (india) limited on 05/03/1995 in there tree plantation . I have invested for the plantation of 3 trees . The following are the three certificate numbers that i've recieved respectively K430127, K430128, K430127 on 05/03/1995 but as of today i have not recieved any interm returns and not recieved any final amount. The company cheated us please somebody help me.
Somebody please help me how to reddem these bond.
The address is
Shankar Singh, RZ-432, RAJ NAGAR EXT, DADA CHHATRI WALA MARG, PALAM COLONY, NEW DELHI-110045.
Mobile number - [protected]
EMAIL ID - shankar.[protected]@gmail.com
I have invested in steeling tree magnum (india) limited on 05/03/1995 in there tree plantation . I have invested for the plantation of 3 trees . The following are the three certificate numbers that i've recieved respectively K430127, K430128, K430127 on 05/03/1995 but as of today i have not recieved any interm returns and not recieved any final amount. The company cheated us please somebody help me.
Somebody please help me how to reddem these bond.
The address is
Shankar Singh, RZ-432, RAJ NAGAR EXT, DADA CHHATRI WALA MARG, PALAM COLONY, NEW DELHI-110045.
Mobile number - [protected]
EMAIL ID - shankar.[protected]@gmail.com
I have invested in steeling tree magnum (india) limited on 10/08/1995 on my daughters name. . I have invested for the plantation of 1 tree . The following are the three certificate numbers that i've recieved respectively K 2829, on 21/12/1995 but as of today i have not recieved any interm returns and not recieved any final amount. The company cheated us please somebody help me.
Somebody please help me how to reddem these bond.
The address is
G. Nagaraju, Hyderabad
EMAIL ID - [protected]@yahoo.com
Somebody please help me how to reddem these bond.
The address is
G. Nagaraju, Hyderabad
EMAIL ID - [protected]@yahoo.com
I have invested in sterling teak magnum (india) limited in 1996. (5 trees
I have not received any communication from company or payment
PLease let me know next steps for getting money
I see most of the case as resolved in this site regarding steerling teak mangnum.
Please let me know if others have got money
I have not received any communication from company or payment
PLease let me know next steps for getting money
I see most of the case as resolved in this site regarding steerling teak mangnum.
Please let me know if others have got money
Helpful
2 other people found this review helpful
2 found this helpful
11 Comments
Post your Comment
Resolved
Resolved
INTERIM DUES NOT RELEASED
| Address: Hyderabad, Andhra Pradesh |
WE PURCHASED 1 TREE VIDE APPLICATION NO. AA0008259, SL.NO.046339 AND CERTIFICATE NO.6N00831 ON 19.12.1997.
ITS DATE OF MATURITY IS ON 28.11.2017. THE COMPANY PROMISSED TO RELEASE 1ST INTERIM DUE ON 28.11.2003 AND 2ND INTERIM DUE ON 28.11.2009. BUT, SO FAR NOTHING HAS BEEN RELEASED. THEY ARE NOT AVAILABLE AT THE ADDRESS AND TELEPHONE NUMBERS GIVEN.
HOPING TO RECEIVE FAVOURABLE INFORMATION AND PROCEEDS I GIVE MY MAIL ID AND MOBILE NUMBER HEREBELOW.
B SRINIVASA RAO, [protected]@yahoo.com
[protected]
ITS DATE OF MATURITY IS ON 28.11.2017. THE COMPANY PROMISSED TO RELEASE 1ST INTERIM DUE ON 28.11.2003 AND 2ND INTERIM DUE ON 28.11.2009. BUT, SO FAR NOTHING HAS BEEN RELEASED. THEY ARE NOT AVAILABLE AT THE ADDRESS AND TELEPHONE NUMBERS GIVEN.
HOPING TO RECEIVE FAVOURABLE INFORMATION AND PROCEEDS I GIVE MY MAIL ID AND MOBILE NUMBER HEREBELOW.
B SRINIVASA RAO, [protected]@yahoo.com
[protected]
Aug 13, 2020
Complaint marked as Resolved Helpful
Found this helpful?
Write a comment
Post your Comment
Resolved
Resolved
NO RETURNS, NO COMMUNICATION
| Address: Maharashtra |
I have purchased 54 teak trees for my son's name. Neither any returns nor any acessibility is there of the company. We have written several letters but we arenot received any reply from them. Our STM Certificate # G 2801 & G 2802. Since I am working out of country please contact me via email at [protected]@hotmail.com
Regards
Sonia Ram Singh
Regards
Sonia Ram Singh
Aug 13, 2020
Complaint marked as Resolved View replies
NO RETURNS, NO COMMUNICATION
I have purchased the following teak trees under "FUTURE ASSURANCE TEAKQUITY" plan on N Sundaramoorthi from Steerling Tree Magnum (India) Ltd, "Divyaa" 8A, Murraya Gate Road Alwarpet, Madras-600018:- Application Certificate No of Purchase Date of Returns due
No No tree value as per their
J-537434 K-1951 03 Rs 5325/- 1st -15.02.02 -Rs. 4, 725/-
16.02.1996 16.07.1996 2nd-15.02.08 -Rs. 19, 500/-
3rd -15.02.16- Rs.2, 92, 500/-
P-655486 J-15508 01 Rs 1825/- 1st -28.10.03 -Rs. 1, 575/-
30.04.1997 21.07.1997 2nd-28.10.09 -Rs. 6, 500/-
3rd -29.04.17- Rs. 97, 500/-. Neither any returns nor any acessibility is there of the company. We have written several letters but we are not received any reply from them. Since I am working out of the state please contact me via email at [protected]@gmail.com
Regards
N Sundaramoorthi
I have purchased the following teak trees under "FUTURE ASSURANCE TEAKQUITY" plan on N Sundaramoorthi from Steerling Tree Magnum (India) Ltd, "Divyaa" 8A, Murraya Gate Road Alwarpet, Madras-600018:- Application Certificate No of Purchase Date of Returns due
No No tree value as per their
J-537434 K-1951 03 Rs 5325/- 1st -15.02.02 -Rs. 4, 725/-
16.02.1996 16.07.1996 2nd-15.02.08 -Rs. 19, 500/-
3rd -15.02.16- Rs.2, 92, 500/-
P-655486 J-15508 01 Rs 1825/- 1st -28.10.03 -Rs. 1, 575/-
30.04.1997 21.07.1997 2nd-28.10.09 -Rs. 6, 500/-
3rd -29.04.17- Rs. 97, 500/-. Neither any returns nor any acessibility is there of the company. We have written several letters but we are not received any reply from them. Since I am working out of the state please contact me via email at [protected]@gmail.com
Regards
N Sundaramoorthi
STERLING TREE MAGNUM (INDIA) LTD — NO RETURNS, NO COMMUNICATION
I have purchased the following teak trees under "FUTURE ASSURANCE TEAKQUITY" plan on N Sundaramoorthi from Steerling Tree Magnum (India) Ltd, "Divyaa" 8A, Murraya Gate Road Alwarpet, Madras-600018:- Application No J[protected].02.1996 Certificate NoK-195116.07.1996 for 03 Trees Purchase value Rs 5325/- Due date for Returns : 1st -15.02.02 -Rs. 4, 725/- 2nd-15.02.08 - Rs. 19, 500/- 3rd -15.02.16- Rs.2, 92, 500/-and another application No P-655486 dt 30.04.1997 Certificate No J-15508 dt 21.07.199701 for one tree Purchase value Rs 1825/- Due date for Returns 1st -28.10.03 -Rs. 1, 575/-2nd-28.10.09 -Rs. 6, 500/-
& 3rd -29.04.17- Rs. 97, 500/-. Neither any returns nor any acessibility is there of the company. We have written several letters but we are not received any reply from them. Since I am working out of the state please contact me via email at [protected]@gmail.com
Regards
N Sundaramoorthi
Helpful
Found this helpful?
2 Comments
Post your Comment
Resolved
Resolved
Non receipt of return as per investment scheme
| Address: Rajkot, Gujarat |
I have inveted in Sterling Tree Magnum India Ltd in it's investment scheme named "teakquity" during 2003 through two application as per appllication details given below. As per scheme maturity scedule, two interim terun dates are already overdue but I got nothing from the company. There is no any communication from the company.
1. Application No. A111130, Certificate NO. P676 for 5 teak trees. First and second interim return were due on 31st Jan 2003 and 2009
2. Application No. P656411, Certificate NO. P5865 for 2 teak trees. First and second interim return were due on 25th Oct 2003 and 2009
Kindly help to sort out my grivences
Thanking You,
Jayantilal P Satashia
58, Kevalam Residency, Near Alap Century, Kalavad Road,
Rajkot 360005, Gujarat.
Phone: [protected]
Email: [protected]@yahoo.co.in
1. Application No. A111130, Certificate NO. P676 for 5 teak trees. First and second interim return were due on 31st Jan 2003 and 2009
2. Application No. P656411, Certificate NO. P5865 for 2 teak trees. First and second interim return were due on 25th Oct 2003 and 2009
Kindly help to sort out my grivences
Thanking You,
Jayantilal P Satashia
58, Kevalam Residency, Near Alap Century, Kalavad Road,
Rajkot 360005, Gujarat.
Phone: [protected]
Email: [protected]@yahoo.co.in
Aug 14, 2020
Complaint marked as Resolved View replies
STERLING TREE MAGNUM — Non receipt of Interim Return
Dear Sir,I had paid a sum of Rs. 14550/- vide Application No: U27949 for 11 teak trees at Medungulan plantation. The certificate issued to me is L4922. Date of maturity is 20 May 2014. However interim returns during 6th year(in 2000) and 12th year (in 2006) amounting to Rs.8800/- and Rs.39600/- have not been received so far.
Hoping for a favourable response at tele No[protected] and 91-[protected] and at the following address and above mentioned e-mail ID:-
Col Ranadhir De(Retd)
328, DDA SFS Flats,
Pocket-1,Sector-22,
Dwarka, New Delhi-110077
Thanks and regards,
Col Ranadhir De(Retd)
STERLING TREE MAGNUM (INDIA)LTD, TEAKQUITY — NON RECEIPT OF INTERIM RETURNS
I HAVE BOUGHT ONE TEAKQUITY FOR RS 1825-00 ON[protected].PLANTATION WAS DONE ATKANAKANAMPADU IN PRAKASAM DT OF ANDHRA PRAESH.FIRST NTERIM RETURNS DUE ON[protected],AND 2ND WAS ON[protected],AND FINALLY GUARNTED TEAK TIMBER 1.06 CU.M.ON[protected].TILL DATE NOTHING.NO RESPONCE FROM CO .sterling tree magnum ltd — non receipt of maturity
RESPECTED SIR,I AM WRITING TO YOU ON BEHALF OF MY BROTHER MR. KRISHAN KUMAR. HE SENY YOU INFORMATION MEMORANDUM AFTER FILLING HIS OPTION BUT ,NO INFORMATION WAS GIVEN FROM YOURSIDE WHETHER YOU RECEIVED OR NOT., AND WHEN I WILL GET MY MONEY BACK. PLEASE LET ME INFORM REGARDING THIS ENQUIRY. I SHALL BE THANKFUL TO YOU.
KRISHAN KUMAR, H.NO: 465, MOHALLA BHARMPURI,NEAR CHODA KHUH, PHILLAUR.
(DISTRICT JALANDHAR
sterling tree magnum (india )Ltd — Non receipt of returns
I purchased two easy retirement teakquity certificates bearing Nos D9145 and D9146 on 18/11/21994 from the above company for Rs 7500.00. Till date I have not received any returns from the company. The company address is not known to me. Please help me in tracing the company as well as giving me my dues. Thanking you in anticipatiopn.My home address is 03-D, AMOL REGENCY,SAVEDI, AHMEDNAGAR, MAHARASHTRA.PIN414003.E-MAIL- [protected]@gmail.com.Sterling Tree Magnum (India) — non-receipt of interim returns
I invested Rs. 7375/- for 05 teak trees vide application number G 116710 dated[protected] in the name of Sterling Tree Magnum (India) Ltd and received a certificate as owner of teak trees under certificate number D 3530. It was expected to receive interim returns in the year 2000 to 2006 and so on till maturity date of[protected]. I have not heard anything from the company so far. I tried to contact at various locations but all in vain.Kindly help.
Regards
Sankalp Mohapatra
[protected]@yahoo.co.in
cell: [protected]
Helpful
Found this helpful?
5 Comments
Post your Comment
Resolved
Resolved
Non response in giving interim returns
| Address: Andhra Pradesh |
We have purchased 5nos Teak Tree at a cost of Rs 1275/- per each tree on 30/10 1993 with the maturity date of 29/10/2013 vide Ready cash Teakquity Certificate no R623, Appliction no T30120. As per the certificate the interim returns for 6th & 12th year has to be paid. we have not heard any thing from the company so far about our investment with them. we request the company to honour the commitments.
Regards,
nkmuraleedharan.
Mob:[protected]
Regards,
nkmuraleedharan.
Mob:[protected]
Aug 14, 2020
Complaint marked as Resolved View replies
sterling magnum (india) ltd — intrim return
dear sirI having a certificate no-J25086 via application no-D0193833 for futur assurance teakuity of sterling magnum india ltd dt-23/04/1997. In this schem 1st interim was due on 22/04/2003 &payable on 21/10/2003. but no any chq recd till date. what is the reason what will be in future??????
plz advice me.
regd
Vikas gupta
Helpful
Found this helpful?
1 Comment
Post your Comment
March 19, 2010
To,
Sterling Tree Magnum (India) Limited
Registered Office : 154, Eldams Road,
Teynampet, Chennai – 600018.
Reference : Application No. G-173398 Certificate No. B7294 issued in the name of Surinder Pal Singh Malhotra, A-245, DDA Colony, Chokhindi, Tilak Nagar, New Delhi – 110 018, for the No. of 15 (Fifteen Teak trees Value Rs. 25,200.00 ( Rs. Twenty Five Thousand...
To,
Sterling Tree Magnum (India) Limited
Registered Office : 154, Eldams Road,
Teynampet, Chennai – 600018.
Reference : Application No. G-173398 Certificate No. B7294 issued in the name of Surinder Pal Singh Malhotra, A-245, DDA Colony, Chokhindi, Tilak Nagar, New Delhi – 110 018, for the No. of 15 (Fifteen Teak trees Value Rs. 25,200.00 ( Rs. Twenty Five Thousand...
Helpful
5 other people found this review helpful
5 found this helpful
Resolved
Resolved
No Response from the Company
I have invested Rs. 21500/- in Sterling Tree Magnum 13 years back dated[protected]. My Certificate number is Q8145. The trees were planted at Suktara Plantations in Seoni, Madhya Pradesh State. Till now i haven't recieved any returns. What should i do to get my returns?
The company's address is as below:
Sterling Tree Magnum (India) Ltd.
Registered Off:- 154, Eldams Road, Teynampet, Chennai 600018
Head Off:- 5, Murray's, Gate Road, Alwarper, Chennai 600018
The company's address is as below:
Sterling Tree Magnum (India) Ltd.
Registered Off:- 154, Eldams Road, Teynampet, Chennai 600018
Head Off:- 5, Murray's, Gate Road, Alwarper, Chennai 600018
Aug 14, 2020
Complaint marked as Resolved View replies
I HAVE INVESTED IN TEAKQUITY CERTIFICATE NO. R 220, BUT SO FAR I HAVE NOT RECEIVED ANY COMMUNICATIONS AND RESPONSE.
PLEASE ATTEND MY PROBLEM AT YOUR EARLIEST.
PLEASE ATTEND MY PROBLEM AT YOUR EARLIEST.
I have certificates # P2955 (2 trees) and # D3097 (5 Trees)
No returns received and no letters are replied by them.
Please help!
Archana Agarwal
[protected]@yahoo.com
No returns received and no letters are replied by them.
Please help!
Archana Agarwal
[protected]@yahoo.com
Helpful
Found this helpful?
2 Comments
Post your Comment
Resolved
Resolved
No response nor interim payments from the company
I had purchased Future assurance teakquity from the said compnay and the purchased 7 teak trees on 04.04.1995. The maturity date is 03.04.2015. The details of my application are as follows :
Application no. K 428931
Certificate no : F 13152
I have made many correspondence to the company but to no avail. There has been bo response from the company. You may kindly take legal action against the company. I request my due money back from the company.
Application no. K 428931
Certificate no : F 13152
I have made many correspondence to the company but to no avail. There has been bo response from the company. You may kindly take legal action against the company. I request my due money back from the company.
Aug 14, 2020
Complaint marked as Resolved View replies
Sterling Tree Magnum India Ltd., Madras — Non-receipt of Interim payments
Dear Srs,I had bought 11 Teak trees from above company in the year 1997 @ a cost of Rs. 20850/=, vide their Certificate no. Q2347 as per which I was supposed to receive Interim payments in the year 2003 and 2009. No payment has been received till date. Earlier the company used to send its newsletter informing the progress of the project. But since last 8-9 years they have stopped sending even the same. All letters written to their H.O. at Madras have been returned back by Post-office. Later I came to know that SEBI has directed the company to pay back all invetsors, but no paymenst have been received till date.
The Hindu
26 August 2009
Criminal proceedings initiated
Special Correspondent
CHENNAI: The Economic Offences Wing has initiated criminal proceedings against Sterling Tree Magnum (India) Ltd., and Chromepet Saswatha Nidhi Ltd., for not repaying the deposits collected from the public after maturity.
According to a press release, depositors who have not preferred a complaint could contact the office of the Superintendent of Police (EOW-II), C-48, TNHB Complex, third floor, Second Avenue, Anna Nagar, Chennai 600040. Depositors should bring supportive documents to lodge complaints within two weeks so as to finalise the completion of the case, the release said. Phone: 26220314/26220332.
http://www.thehindu.com/2009/08/26/stories/[protected].htm
26 August 2009
Criminal proceedings initiated
Special Correspondent
CHENNAI: The Economic Offences Wing has initiated criminal proceedings against Sterling Tree Magnum (India) Ltd., and Chromepet Saswatha Nidhi Ltd., for not repaying the deposits collected from the public after maturity.
According to a press release, depositors who have not preferred a complaint could contact the office of the Superintendent of Police (EOW-II), C-48, TNHB Complex, third floor, Second Avenue, Anna Nagar, Chennai 600040. Depositors should bring supportive documents to lodge complaints within two weeks so as to finalise the completion of the case, the release said. Phone: 26220314/26220332.
http://www.thehindu.com/2009/08/26/stories/[protected].htm
Hi, Plz join sterling tree magnum group @ orkut.com
This group is created to assemble all STM investor in one place ; for effective action.
This group is created to assemble all STM investor in one place ; for effective action.
I HAVE OWNED 4 TEAK TREES IN 9MAY1996 AND TILL NOW I HAVE NOT GET EVEN A 1ST INSTALLMENT .THE MATURITY DATE IS 25.06.2015.THE DETAILS OF APPLICATION ARE AS FOLLOWS; APPLICATION NO. OF 2 TEAK TREE- D 316787 AND ITS CERTIFICATE NO-I 16070 AND OF ANOTHER APPLICATION NO. OF 2 TEAK TREE- D316788 AND ITS CERTIFICATE NO.-I 160 55 I have made many correspondence to the company but to no avail. There has been No response from the company. You may kindly take legal action against the company. I request my due money back from the company .
sterling tree magnum india limited — Non receipt of due payments
Dear SirRefer Teak equity certificate no. J5059
THE COMPANY HAS NOT MADE ANY PAYMENT ON MY INVESTMENT SO FAR. I HAVE NOT STILL RECEIVED INTERIM RETURNS OF COMPANY OF 6TH AND 12 YEAR WHICH IS DUE.
AN URGENT RESPONSE IS EXPECTED PLEASE.
REGARDS
SANJAY KUMAR SRIVASTAVA
Helpful
Found this helpful?
5 Comments
Post your Comment
Resolved
Resolved
no response and no payment received
This is regarding my application no. D 331331 and certificate no. H 2820 which had with Sterling Tree Magnum (India) Ltd , I had purchased 11 teak trees by paying an amount of Rs. 19,525 /- at that time and my date of joining was 30/07/1995 and date of maturity is 29/07/2015. Till date I have not yet received the First Interim returns payment which was due on 29/07/2001, I was entitled to receive an amount of Rs. 17325 /- and second Interim returns payment which was due on 29/07/2007, I was entitled to receive an amount of Rs 71500 /- and after maturity on 29/07/2015 I am entitled to receive Rs. 10,72,500 /-.
The supported documents have been attached.
Kindly look into this matter as soon as possible.
The supported documents have been attached.
Kindly look into this matter as soon as possible.
Aug 14, 2020
Complaint marked as Resolved View replies
Hi, Plz join sterling tree magnum group @ orkut.com
This group is created to assemble all STM investor in one place ; for effective action.
This group is created to assemble all STM investor in one place ; for effective action.
sterling tree magnum(india)ltd. — No payment received
Entered in the Child Millionaire Teakquity scheme on dated 26/09/97.Under the scheme returns were assured on dated 25/09/2003 , 24/03/2004,25/09/2009, & 24/03/2010 but no payment is made till to date neither any resonce is given against my requsts Helpful
Found this helpful?
2 Comments
Post your Comment
NO INTERIM RETURNS
OWNER - SUNITA PANDA
DATE - 31/03/1995
CERTIFICATE NO - D5237
APPLICATION NO - G 140700
NO OF TREES OWNED - 2
QUANTITY OF TEAK TIMBER PER TREE INVESTES - 1.06 cu mtr/37.5 cft
TEAK TREE(S) PLANTED AT - THEVARAM PLANTATION IN PERIAKULAM REGISTRATION DISTRICT, MADURAI DISTRICT
RECIEVED NO COMMUNICATION FROM THE COMPANY REGARDING THE INTERIM RETURNS WHICH WAS DUE IN THE 6TH AND 12TH YR FROM THE DATE OF PURCHASE .
PLEASE DO COMMUNICATE IF ANY INFORMATION REGARDING THE COMPANY IS REVEALED.
THIS COMPANY SHOULD OWN THE RESPONSIBILTY AND BE ACCOUNTABLE FOR ANY MISHANDLING OF THE WEALTH OF THE PUBLIC .
DATE - 31/03/1995
CERTIFICATE NO - D5237
APPLICATION NO - G 140700
NO OF TREES OWNED - 2
QUANTITY OF TEAK TIMBER PER TREE INVESTES - 1.06 cu mtr/37.5 cft
TEAK TREE(S) PLANTED AT - THEVARAM PLANTATION IN PERIAKULAM REGISTRATION DISTRICT, MADURAI DISTRICT
RECIEVED NO COMMUNICATION FROM THE COMPANY REGARDING THE INTERIM RETURNS WHICH WAS DUE IN THE 6TH AND 12TH YR FROM THE DATE OF PURCHASE .
PLEASE DO COMMUNICATE IF ANY INFORMATION REGARDING THE COMPANY IS REVEALED.
THIS COMPANY SHOULD OWN THE RESPONSIBILTY AND BE ACCOUNTABLE FOR ANY MISHANDLING OF THE WEALTH OF THE PUBLIC .
View replies
sterling tree magnum india ltd — NO INTERIM RETURNS
Dear Sir,My brother & I have invested in 30 trees in Sterling Tree Magnum India Ltd. There is neither word nor intimation about the whereabouts of the company. Also no information on the interim returns long over due after 6 & 12 years. Please help in recovering our hard earned money from the company.
regards
Raghuram
Hi, Plz join sterling tree magnum group @ orkut.com
This group is created to assemble all STM investor in one place ; for effective action.
This group is created to assemble all STM investor in one place ; for effective action.
sterling tree magnum(india)ltd. — no intimation about returns
we have invested for 2 teak trees in the company under the application no. U 20330 and certificate no. E2140 on 7/5/1994 and the maturity date is 6/5/2014. we have received any kind of information from them during these years about the returns and also we need to change the address of ours. so could u please consider this and respond as early as possible??contact:
V HARA KUMAR
[protected]
[protected]@yahoo.com
Helpful
Found this helpful?
3 Comments
Post your Comment
Resolved
Resolved
there no details about the company.
respected sir/madam,
my mother N.MAHALAKSHMI had bought a TEAK TREE on the above mentioned company of application no. 711118. on behalf of me n.ashwin(son).certificate no.T42173 and it expires on 2/3/2013 but till now we won't have interaction are any comunication with them. so please inform the correct of the ompany to the below mentioned adderess.
thankyou
name:N.MAHALAKSHMI
adderes:c6 police quateres , vasantha nagar madurai -625003
phone no:[protected],[protected]
email adderes:[protected]@gmail.com (or) [protected]@rediffmail.com
my mother N.MAHALAKSHMI had bought a TEAK TREE on the above mentioned company of application no. 711118. on behalf of me n.ashwin(son).certificate no.T42173 and it expires on 2/3/2013 but till now we won't have interaction are any comunication with them. so please inform the correct of the ompany to the below mentioned adderess.
thankyou
name:N.MAHALAKSHMI
adderes:c6 police quateres , vasantha nagar madurai -625003
phone no:[protected],[protected]
email adderes:[protected]@gmail.com (or) [protected]@rediffmail.com
Aug 14, 2020
Complaint marked as Resolved View replies
Company has not given me retrun. I have invest 3450/- on dt. 1998
Helpful
Found this helpful?
1 Comment
Post your Comment
Resolved
Resolved
No interim returns received
MY WIFE ARTI SINGH A OWNER OF 2 TEAK TREE.CERTIFICATE NO. OF HER BOND IS D1495.DATE OF JOINING IS 31/07/1994.MATURITY DATE IS 30/07/2014.AND HER APPLICATION IS W 47411 .TRESS ARE PLANTED AT SANGUM VALSA VILLAGE, PARVATHIPURAM MANDALAM, 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 IN INDIA AND THEIR REGISTERED OFFICE IS AT 154, ELDAMS ROAD, TEYNAMPET, CHHANNI- 600018 AND HEAD OFFICE IS AT ‘DIVYAA’ 8A, MURRAYS GATE ROAD, ALWARPET, CHHANNIE- 600018 .WE HAD NOT STILL RECEIVED INTERIM RETURNS OF COMPANY OF 6TH AND 12 YEAR WHICH DUE TO US. THE COST OF THE TWO TREES WAS PAID AMOUNTING TO RS. 2950/- ON 31.07.1994. IT IS HUGE LOSS TO MIDDLE CLASS FAMILY AND CHEATED BY THE COMPANY. WE ARE RESIDING IN RAJASTHAN ADDRESS.
ARTI SINGH W/O RAJESH SINGH
PLOT NO. 52, MARUDHAR NAGAR, DCM, AJMER ROAD, JAIPUR - 302024
MOBILE NO. [protected]
HOPING OF YOUR KIND RESPONSE SOON TO THE ABOVE MENTIONED ADDRESS MOBILE NUMBER AND THROUGH POSTAL CORRESPONDENCE
THIS COMPANY IS REGISTERED UNDER THE COMPANIES ACT 1956 IN INDIA AND THEIR REGISTERED OFFICE IS AT 154, ELDAMS ROAD, TEYNAMPET, CHHANNI- 600018 AND HEAD OFFICE IS AT ‘DIVYAA’ 8A, MURRAYS GATE ROAD, ALWARPET, CHHANNIE- 600018 .WE HAD NOT STILL RECEIVED INTERIM RETURNS OF COMPANY OF 6TH AND 12 YEAR WHICH DUE TO US. THE COST OF THE TWO TREES WAS PAID AMOUNTING TO RS. 2950/- ON 31.07.1994. IT IS HUGE LOSS TO MIDDLE CLASS FAMILY AND CHEATED BY THE COMPANY. WE ARE RESIDING IN RAJASTHAN ADDRESS.
ARTI SINGH W/O RAJESH SINGH
PLOT NO. 52, MARUDHAR NAGAR, DCM, AJMER ROAD, JAIPUR - 302024
MOBILE NO. [protected]
HOPING OF YOUR KIND RESPONSE SOON TO THE ABOVE MENTIONED ADDRESS MOBILE NUMBER AND THROUGH POSTAL CORRESPONDENCE
Aug 14, 2020
Complaint marked as Resolved Helpful
Found this helpful?
Write a comment
Post your Comment
I havehad purchased the subject plan for 21 teak trees by paying near about 30,000/= Rs. They Issued a certificate (Certificate No. L 1807 dt. 15/03/1996) , guaranteed 1.06 Cu. Mtr. timber per teak tree planted at Pangudi Plantation in Parivirisurian Village, Radhapuram Taluk, Tirunelveli District, to an extent of 5.5 cents.
Its maturity date is 15/11/2013. But, they failed to give the the timely interim returns of 6th and...
Its maturity date is 15/11/2013. But, they failed to give the the timely interim returns of 6th and...
Helpful
Found this helpful?
Resolved
Resolved
Interim Return- Disinvestment Option
I have invested approx. Rs. 50, 000/- for 20 trees ( 10 each Cert #6L1346 and 6L1347 ) in Dec 1997and supposed to get the 1st interim return due to be paid by 29/6/2004 and the
2nd interim return expected to be due by 29/6/2010. But unfortunately there is no response from the company for the 1st Interim return few years back. Made some correspondence with their Chennai office. According to them the matter is under Madras High Court and forwarded some proposal for disinvestment option and continuity option. I have opted for disinvestment and forwarded the request and did not get any reply for that.
2nd interim return expected to be due by 29/6/2010. But unfortunately there is no response from the company for the 1st Interim return few years back. Made some correspondence with their Chennai office. According to them the matter is under Madras High Court and forwarded some proposal for disinvestment option and continuity option. I have opted for disinvestment and forwarded the request and did not get any reply for that.
Aug 14, 2020
Complaint marked as Resolved View replies
Sterling tree magnum (India) ltd. — IInterim Return- Disinvestment Option
I had started investment in Sterling tree magnum (India) ltd. (STM) scheme by paying 1st installment in 25 may 1995 and total amount paid by me in this scheme was Rs 25200/- up to May 1996. My Certificate # B6035.I had not received any kind of payment from the company giving details of the current status along with the interim payments promised at the end of the 6th and 12th year.kindy give the explanation of this matter and whole details to my email or residential adress .
Regards
Sukant Kumar Jain
Plot. No 61 Jawahar Market, Hasanpura,
N.B.C. Road Jaipur 302006 (Rajasthan)
Phone[protected]
Mobile# [protected]
[protected]
i have invested in 11 teak trees on 14/1/94 vide certificate no L5094 and maturity date is 13/01/2014
can i know whetheer the company is existing or not if not what the action i have to take.
Kinly let me know if any one knows
Nikitha Bhararia
can i know whetheer the company is existing or not if not what the action i have to take.
Kinly let me know if any one knows
Nikitha Bhararia
kya yaar mai bhi fasa hu...
Hello STM Investors,
I have got your E-mail address from Consumer Forum website and have come to know that you invested in Sterling Tree Magnum and are expecting the maturity amount to be paid back to you.
I am also an investor just like you and founded an 'Association of STM Investors' to collect all investors on a single page. You can join us via our WhatsApp group, Facebook page and Twitter handle whose links are mentioned below. Kindly call/ SMS/ WhatsApp me over my number ([protected]) in case of issue.
We are also collecting data from investors which can be used to fight against the company. Kindly find attached the Excel sheet. Please fill in your details and send the same to me. I will update your data in our records. The same sheet is also available on Google drive (link mentioned below) for download.
Kindly also send us the scanned copies of all the documents you have related to STM. In case if you still have newspaper advertisements of Sterling Tree Magnum, please share them on priority.
Our Links:
WhatsApp group: https://chat.whatsapp.com/Du7pktLfeXaI8TrV5er45R
Facebook Page: https://www.facebook.com/SterlingTreeMagnum/
Twitter handle: https://twitter.com/SterlingTreeMag
Google Drive: https://drive.google.com/file/d/1wyWmthBRUSfJKeC23sisq0V47g-KVjrA/view
We will fight together to get our money back.
Thanks & Regards,
Mitul Kansal,
On behalf of Association of Sterling Tree Magnum(STM) Investors
E-mail: [protected]@gmail.com
Mobile: +91-[protected] (NINE SIX EIGHT SIX ONE THREE TWO ONE SEVEN FIVE)
I have got your E-mail address from Consumer Forum website and have come to know that you invested in Sterling Tree Magnum and are expecting the maturity amount to be paid back to you.
I am also an investor just like you and founded an 'Association of STM Investors' to collect all investors on a single page. You can join us via our WhatsApp group, Facebook page and Twitter handle whose links are mentioned below. Kindly call/ SMS/ WhatsApp me over my number ([protected]) in case of issue.
We are also collecting data from investors which can be used to fight against the company. Kindly find attached the Excel sheet. Please fill in your details and send the same to me. I will update your data in our records. The same sheet is also available on Google drive (link mentioned below) for download.
Kindly also send us the scanned copies of all the documents you have related to STM. In case if you still have newspaper advertisements of Sterling Tree Magnum, please share them on priority.
Our Links:
WhatsApp group: https://chat.whatsapp.com/Du7pktLfeXaI8TrV5er45R
Facebook Page: https://www.facebook.com/SterlingTreeMagnum/
Twitter handle: https://twitter.com/SterlingTreeMag
Google Drive: https://drive.google.com/file/d/1wyWmthBRUSfJKeC23sisq0V47g-KVjrA/view
We will fight together to get our money back.
Thanks & Regards,
Mitul Kansal,
On behalf of Association of Sterling Tree Magnum(STM) Investors
E-mail: [protected]@gmail.com
Mobile: +91-[protected] (NINE SIX EIGHT SIX ONE THREE TWO ONE SEVEN FIVE)
Sir Refund milega ya nahi please clearcut the position
plz find us a way to get back our money.
Helpful
Found this helpful?
6 Comments
Post your Comment
Resolved
Resolved
No contact details to know the status of investments
I, Ms. Anjali Mahesh Shah am the holder of Child Millionaire Teakquity Certificate under the allication no. G107635 and Certificate number B1516. The investment was made for trees planted at Kanavaipatti Plantation in Periakulam Registration District, Madurai.
I have not received any communication from the company about the returns promised in the 6th and 12th year. I also want the contact details to know the status of my investment.
Kindly help me on this issue.
My contact details are as under:
Anjali Shah,
703, Girnar Building,
69, Tardeo Road,
Mumbai 400 034.
Mobile No. - [protected].
Thanking You,
Yours truly,
Anjali Shah
I have not received any communication from the company about the returns promised in the 6th and 12th year. I also want the contact details to know the status of my investment.
Kindly help me on this issue.
My contact details are as under:
Anjali Shah,
703, Girnar Building,
69, Tardeo Road,
Mumbai 400 034.
Mobile No. - [protected].
Thanking You,
Yours truly,
Anjali Shah
Aug 14, 2020
Complaint marked as Resolved View replies
Hello investor friends!
High Yield Investment Programs can make you wealthy, but you must have a good knowledge of them to avoid the ponzi schemes and other hyip scams. You have to learn how to avoid them and find the reliable hyips.
You arrived at this page it's because you are searching for few new High Yield Investment Programs which really pay you, you may find here, High Yield Investment Programs, posted by real investor.
Why I am posting all of this on my website? The answer is simple:
Visit below link to address bar for more info
http://ocean.co.in/hyip.htm
Jagjit Singh
Mobile: [protected]
High Yield Investment Programs can make you wealthy, but you must have a good knowledge of them to avoid the ponzi schemes and other hyip scams. You have to learn how to avoid them and find the reliable hyips.
You arrived at this page it's because you are searching for few new High Yield Investment Programs which really pay you, you may find here, High Yield Investment Programs, posted by real investor.
Why I am posting all of this on my website? The answer is simple:
Visit below link to address bar for more info
http://ocean.co.in/hyip.htm
Jagjit Singh
Mobile: [protected]
Helpful
Found this helpful?
1 Comment
Post your Comment
Resolved
Resolved
NO INTERIM RETURN/REPORT CARD
I AM ONWER OF 27 TEAK TREES AS PER COMPANY'S CERTIFICATE NO G 1062 DATED 31/10/1995. THE COMPANY HAD MADE BIG PROMISES BUT TILL NOW HAVE NOT GIVEN ANY SINGLE PAISA RETURN. I HAVE INVESTED MY HARD EARNED MONEY AND SAVINGS OF RUPEES 65, 000 IN 1995.
THE COMPANY IS NOW NOT REACHABLE AT THEIR ADDRESS MENTIONED IN THE CERTIFICATE.. DIVYYAA 8A, MURRAYS GATE ROAD, ALWARPET, MADRAS-600018.
REGARDS,
SHARDA MISHRA
1501, WOODROSE,
HIRANANADANI MEADOWS,
THANE-WEST
MAHARASHTRA-400610
[protected]
[protected]@gmail.com
To the other investor in th Company-
Dear All, Lets make a group in orkut. my id is catanuj
THE COMPANY IS NOW NOT REACHABLE AT THEIR ADDRESS MENTIONED IN THE CERTIFICATE.. DIVYYAA 8A, MURRAYS GATE ROAD, ALWARPET, MADRAS-600018.
REGARDS,
SHARDA MISHRA
1501, WOODROSE,
HIRANANADANI MEADOWS,
THANE-WEST
MAHARASHTRA-400610
[protected]
[protected]@gmail.com
To the other investor in th Company-
Dear All, Lets make a group in orkut. my id is catanuj
Aug 14, 2020
Complaint marked as Resolved View replies
i totally agree with you...there is no available contact number of theirs ..even i have invested here.and its nearing maturity...we have to look into this very seriously.
We have been duped by the company. My father has bought some teakuity in his 3 childrens name thinking the money will help us in a long run. The money was hard earned one and it was a substantial amount during 1993. But these people have duped us. Please do join under Orkut. There is a group (search for STM in www.orkut.com) of people who have been duped by this company. If we unite we can do something.
I also invested in one tree worth for Rs.1375/- even i did not get any returns from the company. when i enquired the local contact no. 32560577 address: No: 17, Mahalakshmi street, T.Nagar, Chennai - 17., they ask me to collect any article that is available worth of Rs.1375/- after surrendering the original certificate. i am confused. whether to get any cheap article or wait for some more years expecting the company to return good value for the amount invested.
Kindly suggest.
R.Kandavel,
cell: [protected]
E.Mail id: [protected]@yahoo.co.in
Kindly suggest.
R.Kandavel,
cell: [protected]
E.Mail id: [protected]@yahoo.co.in
even i have been cheated by the company, we shd join together to get back the money.my mail-- [protected]@yahoo.com
i have 22 trees with me .no use shall all the members join and get back the hard earned money/
Helpful
Found this helpful?
5 Comments
Post your Comment
Resolved
Resolved
REFUND IN CASE OF 1 TEAK TREE PURCHASED ON 06-02-1996
Sir
I bought a Teak tree on 06.02.1996. I would opt out of the scheme. Please settle my account at the earlieset. As per the certificate I have to receive an amount of Rs. 12800 as on date. Please arrange to send the DD in favour of Shonika Gupta or Dr. Kailash Gupta, 22, Jyothi Colony, Tirumalagiri, Secunderabad. The scanned copy of the official receipt No. A 29727 dated 06.02.1996 is attached. Please expedite the matter on priority basis else we may have to take stringent action.
Awaiting your immediate response
Dr.Kailash Gupta
I bought a Teak tree on 06.02.1996. I would opt out of the scheme. Please settle my account at the earlieset. As per the certificate I have to receive an amount of Rs. 12800 as on date. Please arrange to send the DD in favour of Shonika Gupta or Dr. Kailash Gupta, 22, Jyothi Colony, Tirumalagiri, Secunderabad. The scanned copy of the official receipt No. A 29727 dated 06.02.1996 is attached. Please expedite the matter on priority basis else we may have to take stringent action.
Awaiting your immediate response
Dr.Kailash Gupta
Aug 14, 2020
Complaint marked as Resolved View replies
new Chennai office Phone Number Sent me
Dear Sir,
STERLING TREE MAGNUM (INDIA) LTD.
CHENNAI-600018.
Sub : Change of Address & Interim Returns Due.
Serial No. Of Certificate : 000655.
Quantity of teak timber guaranteed per tree invested : 1.06 cu.m.
My Application No.: A159076 and Certificate No.310454
Dae of Joining 01/01/1997 & Date of Maturity 31/12/2016.
Please change my address as follows:
New Address :
Mayaben M. Bhalja. Age : ( At the time of Joing 36 Years.}
14-A, Om Maharshi Dayanand Appartment,
Near Maniyasha Society,
Maninagar (East),
Ahmedabad-380008.
Mobile No.[protected].
Gujarat-India.
Old Address:
47-48, Buddhadev Colony, Nr.K.G.Children Hospital,
Kareli baug, Baroda-390018.
Secondely I have not received any Interim returns which was due on
31/12/2002
30/06/2003
31/12/2008
30/06/2009
Please clerify why above interim returns have not sent.
Please do the needful & oblige. Please send immediately on above address.
Thanks & Regards.
Mayaben M. Bhalja.
(M)[protected].
STERLING TREE MAGNUM (INDIA) LTD.
CHENNAI-600018.
Sub : Change of Address & Interim Returns Due.
Serial No. Of Certificate : 000655.
Quantity of teak timber guaranteed per tree invested : 1.06 cu.m.
My Application No.: A159076 and Certificate No.310454
Dae of Joining 01/01/1997 & Date of Maturity 31/12/2016.
Please change my address as follows:
New Address :
Mayaben M. Bhalja. Age : ( At the time of Joing 36 Years.}
14-A, Om Maharshi Dayanand Appartment,
Near Maniyasha Society,
Maninagar (East),
Ahmedabad-380008.
Mobile No.[protected].
Gujarat-India.
Old Address:
47-48, Buddhadev Colony, Nr.K.G.Children Hospital,
Kareli baug, Baroda-390018.
Secondely I have not received any Interim returns which was due on
31/12/2002
30/06/2003
31/12/2008
30/06/2009
Please clerify why above interim returns have not sent.
Please do the needful & oblige. Please send immediately on above address.
Thanks & Regards.
Mayaben M. Bhalja.
(M)[protected].
To
The Sterling tree Magnum (India ) Ltd,
Hello,
My application number is J 568049. My certificate number is K 35687. Date of joining is[protected] my age was 30 at that time) and date of maturity is[protected]. There has been no correspondence regarding my first interim returns that were due on 30-12-01 and my second interim returns which were due on 30-12-07.
The lack of communication could also be due to my residence address change. I wish to bring to your notice my old address at the time of joining and my new communication address today. please communicate to my new address and let me know the status of the scheme and also my interim returns.
Old address ( do not use this anymore) : B 153, HAL colony, HAL PO, Balanagar, Hyderabad - 42
My new address ( use this for communication) is : 13, Neela Vishal, Near Manasarovar Heights, Trimulgherry, Secunderabad - 500009
Thanks in anticipation of some communication.
yours truly,
Sankar Kumar R
The Sterling tree Magnum (India ) Ltd,
Hello,
My application number is J 568049. My certificate number is K 35687. Date of joining is[protected] my age was 30 at that time) and date of maturity is[protected]. There has been no correspondence regarding my first interim returns that were due on 30-12-01 and my second interim returns which were due on 30-12-07.
The lack of communication could also be due to my residence address change. I wish to bring to your notice my old address at the time of joining and my new communication address today. please communicate to my new address and let me know the status of the scheme and also my interim returns.
Old address ( do not use this anymore) : B 153, HAL colony, HAL PO, Balanagar, Hyderabad - 42
My new address ( use this for communication) is : 13, Neela Vishal, Near Manasarovar Heights, Trimulgherry, Secunderabad - 500009
Thanks in anticipation of some communication.
yours truly,
Sankar Kumar R
Sir
I bought 2 Teak tree on30/9/1995 vide Application No. D 327227 and bond Certificate no. I 3378 on purchase value of Rs. 1775/- each .Now I would opt out of the scheme. Please settle my account at the earlieset. As per the certificate I have to receive an amount of Rs. 13000 as on date. Please let me know the procedure how to settle this money .
My new ADDRESS IS Induhushan Mishra, F-4/202, 2nd Floor, 'F'Type Co-op Hsg Society, Gharaunda, Ghansoli, Navi Mumabi - 400 701 . MObile nO. [protected] .
Awaiting your immediate response
Indubhushan Mishra
I bought 2 Teak tree on30/9/1995 vide Application No. D 327227 and bond Certificate no. I 3378 on purchase value of Rs. 1775/- each .Now I would opt out of the scheme. Please settle my account at the earlieset. As per the certificate I have to receive an amount of Rs. 13000 as on date. Please let me know the procedure how to settle this money .
My new ADDRESS IS Induhushan Mishra, F-4/202, 2nd Floor, 'F'Type Co-op Hsg Society, Gharaunda, Ghansoli, Navi Mumabi - 400 701 . MObile nO. [protected] .
Awaiting your immediate response
Indubhushan Mishra
Helpful
Found this helpful?
4 Comments
Post your Comment
Resolved
Resolved
NO REPLY OF NEW COMPANY ADDRESS
Dear Sir,
My father D Venkatesh had taken teak tree certificate on my name Miss BV Hemavathy from STERLING TREE MAGNUM (INDIA) LTD on 26/03/1992 & it expiers on 25/03/2012 serial No 024518 certificate No T20034 purchase vale Rs 975.00 on that time address given in certificate is Registered office 154, Eldams Road, Teynampet, Madras 600018 in certificate mentioned No of teak trees planted at South Karukurichi Village, Cheran Mahadevi sub-division, Ambasamudram Taluk, Tirunelveli of 39.66 acres bearing survey No 85/2-108/4C. Also in envelove cover address is mentioned that STERLING TREE MAGNUM (INDIA) LTD Divya complex, No 8 Murrays gate road, alwarpet, madras 600018 Tele-450330/456601 sir, now Madras become Chennai and old address changed both yours and mine so please intimate your new address including e-mail /tele Number
my new address
D Venkatesh
House No LIG 764, 13th B Main Road
Yelanka New Town
Bangalore-560106 (Karnataka)
Looking forward for your early and favourable reply
Thanks
My father D Venkatesh had taken teak tree certificate on my name Miss BV Hemavathy from STERLING TREE MAGNUM (INDIA) LTD on 26/03/1992 & it expiers on 25/03/2012 serial No 024518 certificate No T20034 purchase vale Rs 975.00 on that time address given in certificate is Registered office 154, Eldams Road, Teynampet, Madras 600018 in certificate mentioned No of teak trees planted at South Karukurichi Village, Cheran Mahadevi sub-division, Ambasamudram Taluk, Tirunelveli of 39.66 acres bearing survey No 85/2-108/4C. Also in envelove cover address is mentioned that STERLING TREE MAGNUM (INDIA) LTD Divya complex, No 8 Murrays gate road, alwarpet, madras 600018 Tele-450330/456601 sir, now Madras become Chennai and old address changed both yours and mine so please intimate your new address including e-mail /tele Number
my new address
D Venkatesh
House No LIG 764, 13th B Main Road
Yelanka New Town
Bangalore-560106 (Karnataka)
Looking forward for your early and favourable reply
Thanks
Aug 14, 2020
Complaint marked as Resolved View replies
Let us all join together and launch a joint complaint. All o[censored]s are in a same boat.
Rajiv Joshi
[protected]
Rajiv Joshi
[protected]
I HAVE ALSO SIMILAR PROBLEM AND INVESTED RS.1000/- IN 1992 AND TILL NOW
THERE IS NO MONEY REFUNDED BY COMPANY TILL DATE
HENCE, I REQUEST THE CONCERNED AUTHORITES TO TAKE UP THE MATTER
AND SOLVE THE ISSUE IMMEDIATELY
K.V.V.ENKATARAMAN
G-5/69 SECTOR 15
ROHINI
NEW DELHI-89
THERE IS NO MONEY REFUNDED BY COMPANY TILL DATE
HENCE, I REQUEST THE CONCERNED AUTHORITES TO TAKE UP THE MATTER
AND SOLVE THE ISSUE IMMEDIATELY
K.V.V.ENKATARAMAN
G-5/69 SECTOR 15
ROHINI
NEW DELHI-89
respected sirs
this is dheeraj c/o bhava computers the aplicant in your company. we had bought 45 teak trees in 1994 and till now nothing was informed to me . i an in full debt and when i visited the office it is told that it has been changed any communication will solve all our problems
do the needful in this regard
awaiting for ur kind response
with regards
bhava computers
anand vetsa
f/o dheeraj vetsa
kakinada
this is dheeraj c/o bhava computers the aplicant in your company. we had bought 45 teak trees in 1994 and till now nothing was informed to me . i an in full debt and when i visited the office it is told that it has been changed any communication will solve all our problems
do the needful in this regard
awaiting for ur kind response
with regards
bhava computers
anand vetsa
f/o dheeraj vetsa
kakinada
Hi
I purchased 2 teak trees from sterling tree magnum(india) ltd.payments are due on 16/03/2003 and 16/03/2009 it is very difficult to contact the company and know the statusAND MY CERTIFICATE NUMBER J1397.
I purchased 2 teak trees from sterling tree magnum(india) ltd.payments are due on 16/03/2003 and 16/03/2009 it is very difficult to contact the company and know the statusAND MY CERTIFICATE NUMBER J1397.
I AM ALSO INVESTED Rs. 10000/- IN STERLING TREE MAGNUM INDIA LTD AND I WAIT FOR MY VALUABLE RETURN.
I HAVE ALSO LOST SOME MONEY IN STM. NO ADDRESS OF THE COMPANY AVAILABLE. INTERIM PAYMENTS WERE NOT MADE. THEIR GROUP COMPANY STERLING HOLIDAYS DOING WELL.
hii thr
this is to inform all the people who r in search fa some info relating to sterling tree magnum...!!
well here contact no. is[protected]
also there mail id is [protected]@gmail.com
hope it helps u..
cheers :)
this is to inform all the people who r in search fa some info relating to sterling tree magnum...!!
well here contact no. is[protected]
also there mail id is [protected]@gmail.com
hope it helps u..
cheers :)
Address transfer
Dear Sir,
I, Sumant Kumar Jain, have invested for 45 teak trees in 1996 under scheme LOT vide application no. V00931 dated 23.02.1996.
In 2008, the company proposed an option of continuation and I agreed to it without having received the returns I was supposed to in 2002 and 2008. Now, since I have not received any conformation about the proposed scheme, I request you to update me on this matter that was dealt between the court and the company.
If the court has agreed for the proposed option of continuity, then I would like to receive a stay copy/ judgement copy.
I would also like to request you to send me a copy of the list of investors in this plan.
Hope you address this matter.
Sumant Kumar Jain
I, Sumant Kumar Jain, have invested for 45 teak trees in 1996 under scheme LOT vide application no. V00931 dated 23.02.1996.
In 2008, the company proposed an option of continuation and I agreed to it without having received the returns I was supposed to in 2002 and 2008. Now, since I have not received any conformation about the proposed scheme, I request you to update me on this matter that was dealt between the court and the company.
If the court has agreed for the proposed option of continuity, then I would like to receive a stay copy/ judgement copy.
I would also like to request you to send me a copy of the list of investors in this plan.
Hope you address this matter.
Sumant Kumar Jain
I have taken 30 units of sterling tree magnum but there is no interim returns from the company and also there is no information about the company. Please help us to get return of my investment from the company.
Thanking you sir,
SESHU
Thanking you sir,
SESHU
I have taken teakquity shared for my children as under :
1. Clara Vaz Certificate No.I 4250 2 trees
2. Clara Vaz Certificate No.I 16480 2 trees
3. Savio Vaz Certificate I 4251 2 trees
4. Michael Vaz Vertificate I 4252 2 trees
Kindly let us know the status of the above shares for which we have not received any information regarding the same. Pl. treat as urgent
1. Clara Vaz Certificate No.I 4250 2 trees
2. Clara Vaz Certificate No.I 16480 2 trees
3. Savio Vaz Certificate I 4251 2 trees
4. Michael Vaz Vertificate I 4252 2 trees
Kindly let us know the status of the above shares for which we have not received any information regarding the same. Pl. treat as urgent
i have invested 21000/- in 1992 in this sterling tree magnum. I have no clue whatsoever in this regard. No intimations nothing. Can any1 tell me how should i go about to redeem the invested money
ALL THE INVESTORS ARE REQUESTED TO FORM A GROUP AND TAKEUP THE MATTER AT THE NEXT LEVEL. AT PRESENT THE CASE IS PENDING IN HIGH COURT OF MADRAS/CHENNAI.
INVESTORS PLEASE WAKE UP AND UNITE TOGETHER. SEND YOUR EMAIL ADDRESS
VSGOOMBER
email [protected]@gmail.com
INVESTORS PLEASE WAKE UP AND UNITE TOGETHER. SEND YOUR EMAIL ADDRESS
VSGOOMBER
email [protected]@gmail.com
yes we have also bought 2 trees from STM in 1992, but till today theres no news from there with respect to the dividends or anything, if any of them have any information please let me know.
Regards
Jayesh
Regards
Jayesh
i also have invested in stm please come together and file in consumer court,
sirs,
my father purchased 2 teak treesin my name in the year 1994.
but now we have moved from our old residence. i request you to intimate our new address .
we've already applied for the same in written but not received any reply . I request you to consider my problem and please provide your email id or website of the company.
my father purchased 2 teak treesin my name in the year 1994.
but now we have moved from our old residence. i request you to intimate our new address .
we've already applied for the same in written but not received any reply . I request you to consider my problem and please provide your email id or website of the company.
My Father has invested 145750 in 1992 in 100 teak trees. On calling their office they told me that there is an ongoing case in the madras high court and the jusgement will be coming out in 5-6 months time. I was futher told that the judgement would be just asking the company STM to pay the initial amount which we paid them in 1992 without interest or the interim payments or the so called final payment which they offered.
I urge everyone who have invested in STM to not let go of what we should be gettin back. A lakh of rupees was a big amount that time and we should not settle for a mere repayment of our principal amount invested.
They have sister companies which are operating such as sterling resorts etc. Thus we should not let them enjoy on our hard earned money.
Please email me and we can probably file a PIL against them.[protected]@live.com
I urge everyone who have invested in STM to not let go of what we should be gettin back. A lakh of rupees was a big amount that time and we should not settle for a mere repayment of our principal amount invested.
They have sister companies which are operating such as sterling resorts etc. Thus we should not let them enjoy on our hard earned money.
Please email me and we can probably file a PIL against them.[protected]@live.com
I have also invested. but could not get proper response from the company.
This is the address of the company...
Sterling Tree Magnum (India) Ltd.:
Old No. 21, New No.2,
1st. Street,
Viswanathapuram,
Rangarajapuram,
Chennai-600024.
E-Mail: [protected]@gmail.com
Phone No.:[protected]
This is the address of the company...
Sterling Tree Magnum (India) Ltd.:
Old No. 21, New No.2,
1st. Street,
Viswanathapuram,
Rangarajapuram,
Chennai-600024.
E-Mail: [protected]@gmail.com
Phone No.:[protected]
sir,
My father purchased 1teak tree is my name in the year 1996.
At this time we have moved from our old residence. I request you send
me details about interum return. i have not recieved any return yet.
send me details at my new address:-
Raj Shekhar
4-a Pooja Enclave, Jawahar Puram,
Albatiya Road, Agra-282010
Contact No:-
[protected]
My father purchased 1teak tree is my name in the year 1996.
At this time we have moved from our old residence. I request you send
me details about interum return. i have not recieved any return yet.
send me details at my new address:-
Raj Shekhar
4-a Pooja Enclave, Jawahar Puram,
Albatiya Road, Agra-282010
Contact No:-
[protected]
I had taken teak tree certificate on my name Pawan Dhingra from STERLING TREE MAGNUM (INDIA) LTD on 13/03/95 vide application no.G-157680 under scheme ERT Ref No.DFMAR950067
kindly let me know about the company whereabouts as I did not get any response from company.
Looking forward for your early and favourable reply
My new address including e-mail /tele Number is
my new address
Pawan Dhingra
307, Shikha Apartment
48, I.P.Extn
Patparganj
Delhi-110092
email [protected]@gmail.com
Tel:[protected]
kindly let me know about the company whereabouts as I did not get any response from company.
Looking forward for your early and favourable reply
My new address including e-mail /tele Number is
my new address
Pawan Dhingra
307, Shikha Apartment
48, I.P.Extn
Patparganj
Delhi-110092
email [protected]@gmail.com
Tel:[protected]
Dear Sir,
I had purchased 5 teak trees from Sterling Tree Magnum Ltd, . through their New Delhi office in 1994 and I had the required amount against the same. Later on the company official had sent me a letter asking me to submit the original receipt for refund of my payment. Accordingly I had sent the original receipt to their Madras office but till date I have not received any refund from them.
How can I get my refund from this company. Please advise.
Ramakrishnan T.K.
I had purchased 5 teak trees from Sterling Tree Magnum Ltd, . through their New Delhi office in 1994 and I had the required amount against the same. Later on the company official had sent me a letter asking me to submit the original receipt for refund of my payment. Accordingly I had sent the original receipt to their Madras office but till date I have not received any refund from them.
How can I get my refund from this company. Please advise.
Ramakrishnan T.K.
Dear Investor
I had invested in 15 trees and got info that the company's assets were frozen and case is going on. In the beginning of this year I contacted an advocate Mr. Gopal Krishnan @[protected]/[protected] through an investor friend of mine and got my invested money back less his (advocate)fees and charges within a short time. The info I got from my sources is Sterling tree magnum is unlikely to honour its committments to its investors. So I decided that something is better than nothing.
Regards
sundar
I had invested in 15 trees and got info that the company's assets were frozen and case is going on. In the beginning of this year I contacted an advocate Mr. Gopal Krishnan @[protected]/[protected] through an investor friend of mine and got my invested money back less his (advocate)fees and charges within a short time. The info I got from my sources is Sterling tree magnum is unlikely to honour its committments to its investors. So I decided that something is better than nothing.
Regards
sundar
Dear Sir,
I, Uma Ballava Mohapatra, have invested for 10 teak trees in 1996 under scheme LOT .
I was supposed to receive return in 2006 and 2009. Now, since I have not received any conformation about the proposed scheme, I request you to update me on this matter .I would also like to request you to send me a copy of the list of investors in this plan. I have not received a single return from the company till today.
Hope you address this matter.
Uma Ballava Mohapatra,
HEAD FINANCE, MAPS, KALAPAKKAM, CHENNAI-603102,
MY MOBILE NO-[protected].MY TEL NO[protected]
I, Uma Ballava Mohapatra, have invested for 10 teak trees in 1996 under scheme LOT .
I was supposed to receive return in 2006 and 2009. Now, since I have not received any conformation about the proposed scheme, I request you to update me on this matter .I would also like to request you to send me a copy of the list of investors in this plan. I have not received a single return from the company till today.
Hope you address this matter.
Uma Ballava Mohapatra,
HEAD FINANCE, MAPS, KALAPAKKAM, CHENNAI-603102,
MY MOBILE NO-[protected].MY TEL NO[protected]
I also purchased 15 trees in1996 but till now not any return nor any reply from sterling about my corres. company also alloted me a land at pottypuramvillage, uttamapalayam taluk Please help us to get return of my investment from the company.
STM Claim's reply, Jul 4, 2021
I am Advocate Jitendra from Chennai. Contact at 7092199190 to know present status of the case and file your petition.
I have also invested in STM - 1 tree. It is due by 2012. But I am for the last one year trying to contact them for updating my change of address, all my covers returned by postal authorities as "Address changed", "No such person".
Only today I got the address and phone No. of the company. I informed them my new address and they have also said that they noted. I insisted them for a letter registering my new address but they said it is changed in their system. I dont know whether they will do it or not.
Their address : Old No.21, No.2 First Street, Viswanathapuram, Kodambakkam, Chennai-24.
Ph.No.[protected]
lets hope for the best.
Only today I got the address and phone No. of the company. I informed them my new address and they have also said that they noted. I insisted them for a letter registering my new address but they said it is changed in their system. I dont know whether they will do it or not.
Their address : Old No.21, No.2 First Street, Viswanathapuram, Kodambakkam, Chennai-24.
Ph.No.[protected]
lets hope for the best.
I had invested 50 trees of amount Rs.90775/- into Sterling Tree Magnum Ltd. But now there is no response from the company. I talked with him many times, but they told me that our case is going on in court. Please tell me what i will do know, and how I will get my plot, Value of trees.
i have invested Rs. 10000 and bought 10 Teak Trees.Can anybody help me what should I do to get my returns.
I HAD ALSO PURCHASED TREES FROM STM AND NO RETURNS AS ASSURED HAS BEEN RECEIVED BY US. I HAVE ALREADY FORMED A GROUP OF 20 PERSONS WHO ARE TOGETHER PLANING TO PROCEED AGAINST THE MANAGEMENT OF COMPANY. SEVERAL DOCUMENT PERTAINING TO SAME HAS BEEN COLLECTED BY ME DURING LAST 10 YEARS. IN CASE YOU WISH EVEN YOU CAN JOIN OUR GROUP. MY MOBILE NO. IS [protected]. Seema Poddar
My father also has invested & facing the same prolem, no returns no communication further, Pls revert if someone has got any solution.
Regards
Saravanan K S
[protected]
Regards
Saravanan K S
[protected]
Dear sir,
i invest the money of your compnay on dated 14.12.1995 of Rs 47925/- vide cheque no 027664 drawn on Bank of Baroda Vashi. So, my certificate is missing pl what the states of my investment and issused duplicate certificate. my new address as follow, as same my brother Priyank Ajit Patel he aslo invest your company of Rs 47972/- . so pl send mail and your contract no
Jaymin Ajit Patel.
C/o Ajay Deep New Town Developers Pvt Ltd.
407, Akshay Deep Plaza,
9, Town Centre, Cidco
Aurangabad ( Maharashtra ) 431003
i invest the money of your compnay on dated 14.12.1995 of Rs 47925/- vide cheque no 027664 drawn on Bank of Baroda Vashi. So, my certificate is missing pl what the states of my investment and issused duplicate certificate. my new address as follow, as same my brother Priyank Ajit Patel he aslo invest your company of Rs 47972/- . so pl send mail and your contract no
Jaymin Ajit Patel.
C/o Ajay Deep New Town Developers Pvt Ltd.
407, Akshay Deep Plaza,
9, Town Centre, Cidco
Aurangabad ( Maharashtra ) 431003
I had worked in this company for a period of 4 years, company has not paid my final settlement even after lapse of 12 years, believing my words all my family members had invested in this company Rs.25000/- by my brothers and sisters and neighbours too.
Rasheed M A
Rasheed M A
We have also bought 2 trees from STM in 1994, but till today theres no news from there with respect to the dividends or anything, if any of them have any information please let me know.so please contact me my email id larsil.[protected]@gmail.com and send me contact number and address for communication STM.
sir,
I have also taken 1 tree from STM certificate no T45498 dtd[protected] application no 41013. pls reply for the same.
I have also taken 1 tree from STM certificate no T45498 dtd[protected] application no 41013. pls reply for the same.
My father also deposited Rs 10000.00 on 12/02/1994 and the maturity date is 11/02/2014. for 8 trees in my sisters name
But till now there is no communication.between us
Please let me know the contact address of STM or number
sandeep madhavan
kerala
[protected]
But till now there is no communication.between us
Please let me know the contact address of STM or number
sandeep madhavan
kerala
[protected]
Dear Sir / Madam
My father also taken a FAT teakquity plan application no: A143925 dated 19.12.96 Cert No: 143925 and R63506 dated 31.01.96 Cert No: K 15719 in my grand childrens name, Ayesha and Rauf. Till date we haven't got any returns or compensation for the amount invested.
How to get the compensation?
Thanks
My father also taken a FAT teakquity plan application no: A143925 dated 19.12.96 Cert No: 143925 and R63506 dated 31.01.96 Cert No: K 15719 in my grand childrens name, Ayesha and Rauf. Till date we haven't got any returns or compensation for the amount invested.
How to get the compensation?
Thanks
We have the simillar problem, my father had invested Rs.20, 000/- in 1997 RS.but we have neither received a single penny nor we are able to communicate with the concern due to non availability of proper address, if anybody find their adress kindly forward me in following id
tripathy.[protected]@gmail.com
tripathy.[protected]@gmail.com
Dear sir,
sir i want to purchase some tree or invest some amount in your company. but due to no proper information about ur address & phone no. i am unable to invest in your company. sir please give me ur valid address so i can invest in your company. sir i am waiting for your response
Thanking you,
PIYUSH JAIN
[protected]
sir i want to purchase some tree or invest some amount in your company. but due to no proper information about ur address & phone no. i am unable to invest in your company. sir please give me ur valid address so i can invest in your company. sir i am waiting for your response
Thanking you,
PIYUSH JAIN
[protected]
I think no one will get their money.This company is cheating.I can't think also how these are happenning openly in this modernised country.I don't know also how uneducated I was at that time that I advised my father to invest in this.Court of law should take necessary action.
DEAR SIRS/MADAMS,
I HAD INVESTED IN STM IN THE YEAR 1996.WHEN I APPROCHED THE COMPANY FOR INTERIM PAYMENT COULD NOT GET ANY RESPONCE. CAN ANYBODY GIVE ME THE PRESENT ADDRESS/CONTACT DETAILS OF STM.ALSO HOW I WILL BE ABLE TO GET THE MONEY BACK.
THANKS
SAN JAY KUMAR
[protected]
[protected]@yahoo.co.in
I HAD INVESTED IN STM IN THE YEAR 1996.WHEN I APPROCHED THE COMPANY FOR INTERIM PAYMENT COULD NOT GET ANY RESPONCE. CAN ANYBODY GIVE ME THE PRESENT ADDRESS/CONTACT DETAILS OF STM.ALSO HOW I WILL BE ABLE TO GET THE MONEY BACK.
THANKS
SAN JAY KUMAR
[protected]
[protected]@yahoo.co.in
myself reetu anoop malviya, one of the investor in stm.i sent several mails to the company bt found no reply.kindly inform me abt the status.
Dear Sir,
yes I have also bought 1 tree from STM in 1995, but till today there is no news and interim reterns also not yet received from the company. with respect to the dividends or anything, if any of them have any information please let me know.
Regards
S.Sathya narayana reddy
Hyderabad
[protected]
yes I have also bought 1 tree from STM in 1995, but till today there is no news and interim reterns also not yet received from the company. with respect to the dividends or anything, if any of them have any information please let me know.
Regards
S.Sathya narayana reddy
Hyderabad
[protected]
i have three certificate of STM. plz send me the contact number and adress on my email id.
Helpful
2 other people found this review helpful
2 found this helpful
46 Comments
Post your Comment
MY MOTHER B.YASODHA A OWNER OF 2 TEAK TREE.CERTIFICATE NO. OF HER BOND IS D15898.DATE OF JOINING IS 26/07/1994.MATURITY DATE IS 25/07/2014.AND HER APPLICATION IS D0A 95.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 IN INDIA.WE HAD NOT STILL...
THIS COMPANY IS REGISTERED UNDER THE COMPANIES ACT 1956 IN INDIA.WE HAD NOT STILL...
Helpful
5 other people found this review helpful
5 found this helpful
I had purchased a teak tree worth rs.1275, on 30/6/93 and its maturity date is 29/6/13 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.
Rajiv Chopra
+91 [protected]...
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.
Rajiv Chopra
+91 [protected]...
Helpful
34 other people found this review helpful
34 found this helpful
Sterling Tree Magnum (India) Ltd Recent Comments
- Non payment of maturity amount and benefits
Reference : Application No. : R64397, R64283...1
- Guaranteed payment not received and guaranteed land not registered in my name
Land Owner's Teakquity Certificate Details Date...1
- Purchase of Two Teak Tree
I had purchased two teak tree from STM in...2
- Investment on Teak Tree
Sir, I have invested Rs.1775/- in Sterling...1
- refund of easy retirement teakquity certificate
Sir, I m.vijayendra s/o m.srinivasulu resident...2