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[Resolved]  Sterling Tree Magnum (India) Ltd — 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
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  5 CommentsShareTweet

Comments

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
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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/

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