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[Resolved]  Sterling Magnum Tree — Investment

I invested money in Sterling Magnum Tree, a Chennai based company, Inspite of several reminders to the company nothing happend. Can We know where can we go and submit the compalient.
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Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  17 CommentsShareTweet

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application NO. R107364 Certificate No. I 17631 dated of joining 23.06.1996 what is status of this please let me know about the same by retunmail.
sterling Tree Magnum (India) Ltd., Application No. R 107364 certificate No. I 17631
what is status of the same pl. reply on the above email.
no status rcd. till date
applicationb no. R107364
Certificate No. 1
expirydate 22.06.2008
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I am holding Sterling Magnum Tree's Future Assurance Teak equiry certificate bearing no K 9639 dated 08.11.95 acknowledged by company on 12.03.96.

As per company's commitment I was suppose to receive dividend amounting to Rs. 1575 and 6500 at regular interval. However I have not yet received which is overdue by more than 5 years.

I request you to look into it and resolve the matter immediately.

Thanks
I have alo one certificate purchase of of 2 teak tree Application no. R 107364 ...
no response from yur side ... pl. give reply.
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
Shyam

Sterling Magnum Tree — TILL TODAY NOT RECD ANY INSTALLMENT CHQ.

IM INVESTED MY MONEY IN STERLING MAGNUN TREE IN 1994 AS PER SCHEM IM NT RECD ANY CHQ FROM STERLING MAGUNUM TREE .
complaints apart let this forum help as to whom to apply and how whats the statutory position prevailing
to help and heal the investors
complaint is airing in vacuum we should receive some reply or be able to interact with co complainants and regulatory agencies/
My father invested some amount towards teak wood after 20yrs in sterling magnum tree. I tried several places can you guide me how to get the same? Please intimate at the earliest
I have also invested in Sterling - Teaquity Application No. – 5935 / Certificate No. – C988 / Sl No.- 0006150
31st May, 1993 for which the maturity after 20 years would be 30th May, 2013.
Have not heard any news therafter...
I am gopalaswamy from Bangalore and have invested in the above and certificate No.T47643 No.T47644 dated[protected] has matured on[protected] and in spite of sending a request for repayment by Regd.Post and by courier, the letter has been returned back with remarks" office in Eldams Road, Teynampet does not exist". Please let me know as to how to get back my investment.
Please tell me where is recd. my invested money with Sterling Tree Magnum Invested money 2950/- for Two Teak Tree iin the name of my daughter Neha Mehta

Neha Mehta
c/o Jawahar Lal Mehta
A-112 Nand Ram Park,
Uttam Nagar,
New Delhi-110059
Mob: [protected]
I Jawahar Lal Mehta purchased two teak tree from Sterling Tree Magnum in 1995 worth Rs.1475/- each in the name of my daughter Neha Mehta many corresspondance to company but no reply yet recd. Please settlement. I have need urgent money in my daughter (Neha Mehta) marriage

Thanks and Regards

Jawahar Lal Mehta
A-112 Nand Ram Park
Uttam Nagar,
New Delhi-110059
Mob:[protected]
My Application No.G107299 and Certificate No. D1382 Purchased of two Teak Tree from Sterling Tree Magnum (STM) in the period Sept. 1994
The Maturity Date is Sept. 2014 I want to Settlement with the Company for Refund my Invested Money with Interest. Please Reply on my mobile no. [protected] or My mail id ie. [protected]@yahoo.com

My Corresspondance Address is Following:-

Neha Mehta
C/O Jawahar Lal Mehta
A-112, Nand Ram Park,
Uttam Nagar,
New Delhi-110059
Mobile no. [protected]
mail id : [protected]@yahoo.com

This is urgent.
I Jawahar Lal Mehta purchased 2 teak trees worth rs. 2950/- each in the year sept. 1994 in the name of my daughter Neha Mehta from Sterling Tree Magnum . My application No. G107299 and Certificate no. D1382 The Maturity date is Sept. 2014 I wrote many letters to Company but no response from company side Now I want to court case on this company for refund with upto date interest from company . Please help me and reply on my mobile no. [protected] or my mail i.d. [protected]@yahoo.com.

Thanks and Regards

Neha Mehta
C/O Jawahar Lal Mehta
Mobile No. [protected]
mail I.D. [protected]@yahoo.com
dear sir
i am old man purchased one tree 12th july 1992 for 975 rupees and expery date 11th july 2012 serial number 018231 and certificate number117557.
whom to contact in this regard to get the maturity money. kindly inform us.
krishna mohan [protected]@gmail.com

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