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[Resolved]  Sterling Tree Magnum (India) Ltd — 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
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Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  46 CommentsShareTweet

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I have certificate of STM but have no status of them

plz provide me some news.

Arun Khanna
Let us all join together and launch a joint complaint. All o[censored]s are in a same boat.

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
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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
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 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 :)
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 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
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
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
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
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 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 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]
i have certificate of STM .

plz send me your contact number on my
email id

thanks

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