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Golden Forests Complaints & Reviews

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Updated: Mar 15, 2026
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P
Pooja Pallod
from Vijayawada, Andhra Pradesh
Jan 11, 2017
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Address: Chandigarh, Haryana, 52001
Website: www.goldenforests.in

My father(Mr. Bankat Pallod) have invested in Golden Forest (India) Limited in my name Pooja Pallod an amount of One thousand(Rs.1, 000) rupees in the 5/12/1995 for the maturity of Rs.1, 01, 000 (One Lakh One Thousand Rupees)in the 5/12/2016, I went to bank today they are not helping me out till today no amount is received, Don't know how we will get. Pls help & mail me how to get this valuable hard earned money of my father.

details of receipt is given below
Receipt No. - 96/17910
ST. NO - JNC96-2360/999983,
ST. DATE- 27/12/1995,
ISSUE DATE- 03/02/1996
Address as printed on the bond and contact numbers not working
OUR MOTTO-ECONOMIC FREEDOM-FOR ALL
An Agro-Forestry Concern (A PUBLIC LIMITED COMPANY)
(Registered under the COMPANIES ACT 1956 with Registration No. 7310)

REGD & HEAD OFFICE S.C.O.[protected], GOLDEN COMPLEX
MINIMAJRA CHANDIGARH (U.T)- 160 101, Phone: 554351, 553823 Fax :[protected]

and a Cheque is issued with the name o[censored]nion Bank of India,
Address of the Union Bank as on the Cheque Sector 35 C, Chandigarh - 160022

Please help me out in claiming the amount
Thank you for your help in advance.
Pooja Pallod
Golden Forests customer support has been notified about the posted complaint.
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    A
    anjaneyulu buddha
    Jan 8, 2017
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    Address: Chandigarh, Punjab, 160101
    Website: refund of investment maturity amount of Rs.202000=00

    I budda lavany w/o. Budda anjaneyulu, post&vill. Swamulawari. Lingotam, mondal. Choutuppal, dist. Naalgonda, have been invested rs.2000=00 (Rupees two thousand only) dt, 31.12.1995 for my daughter marriage purpose in this connection you have issued an original receipt no, 96/16175 issue dt.14.02.1996 and a post dated cheque no. Ncch 1626298 date.16.12.2016 for rs, 202000=00 (Rs two lakh two thousand only) from panch kula1624 canara bank, i am having both.in this connection now i may go for deposit in my account for with drawing the maturity amount as per your given information or may clarity about the company.
    Golden Forests customer support has been notified about the posted complaint.
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      S
      s manjarekar
      from Vasai-Virar, Maharashtra
      Jan 5, 2017
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      Address: 411043
      Website: goldenforests.in

      Dear Sir,

      I have invested in golden forest (India) limited an amount of five hundred rupees in the 11/12/1996 for the maturity of Rs.111000.00 in the 10/10/2021.In some years I have change my house my new address is:
      Sr.No.22/66, Flat No.15, "Pritam Heights", Balajinagar, Near "Siddhi Hospital", Dhankawadi, Pune-411043
      I here by requst the kindly infrom about the company statue at my mail and get the informed that I'll able to hold the maturity at that time or not?
      [protected]@gmail.com
      Contact No.[protected]
      Receipt no:-LS/96/273641. ST.NO:-DCC96-838/351811
      Thank you,
      Mr. Shailesh Vasant Manjarekar
      Golden Forests customer support has been notified about the posted complaint.
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        B
        Basid Ali
        Dec 27, 2016
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        Address: Chandigarh, Punjab, 3565
        Website: money refund

        Dear Sir
        I have invested amount of 1000 in the Golden forest (India) limited under receipt no 075057 dated 11/12/04 by name of Faisal Parwez 13/14 Sadar Bazar Sagar (M.P.) pin code-470001
        My amount maturity date is 14/08/2016 under enrolment 50414
        But till the date I have not received my amount
        So you are requested to help me too recieve my amount as soon as possible
        Company
        Golden Forest India ltd Builder village post office Jharmadhi Ambala N.H 22 zila Patiyala Chandigarh pincode - 140501
        Thanking you
        Aqil Ahmed Faisal Parwez
        H.A- 13/14 Sadar Bazar Sagar (M.P)
        Contact us on- [protected] [protected]
        Golden Forests customer support has been notified about the posted complaint.
        Golden forests india limited 31/01/1997 mein hamne rs.1000/- ke post se aap ki company ka share liya tha jo 18/12/2021 mein maturity value rs.2, 22, 000/- ho rahi hai aur aabhi ham ko yeh paisa lena ho to kitne meil sakte hai?plz contce my number [protected]
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          K
          KAILASH CHAND (C.A.)
          from Jaipur, Rajasthan
          Dec 25, 2016
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          Address: Agra, Uttar Pradesh, 282010
          Website: www.goldenforests.in/index.php

          Hi There,

          I want to seek redressal for the investment of Rs. 4, 000 made in Golden Forest India Limited in the year 1996. The maturity of the units is in Feb-2017. I am aware that a case is currently being heard in Supreme Court. I have not deposited the documents any where, please suggest if I need to submit my claim to some authority or committee.
          Can you suggest me how to get the maturity amount and whom to contact for this.

          I would appreciate a quick and satisfactory response.
          Golden Forests customer support has been notified about the posted complaint.
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            A
            ambadipudi chinna Venkataiah
            from Hyderabad, Telangana
            Dec 15, 2016
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            Address: Chandigarh, Punjab, 160101
            Website: goldenforests.in

            With reference to your receipt no. Ls/96/19235 issue date 4/2/1996 by golden forests with personal discussion, we agreed and i have paid rs.1000/- to you. For the above reference receipt you have also mentioned the maturity. The maturity date is 11/12/2016 and the matured amount you have mentioned is rs. 1, 01, 000/- as per in the given cheque holding the c/d a/c 17022 in union bank of india.

            Hence i request you to forward the updates of the above issue as soon as possible.
            Golden Forests customer support has been notified about the posted complaint.
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              D
              Dr. Manohar Lal Verma
              from Gurgaon, Haryana
              Dec 13, 2016
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              Address: Patiala, Punjab, 140601

              The payments of cheque no. CA/21 083641 for Rs. 25785/- in the name of Manohar Lal Verma S/O Shri Kanwar Bhan & 083644 for Rs. 44973/- in the name of Adarsh Mohan S/O Dr. M. L.Verma, both from SBI Patiala could not be made due to insufficient funds. On receipt of letter No. GFIL/HQ/2000/1080 dated 28.6.2000 in response to my letter dated 14.6.2000, the original cheques were sent to MD of Golden forests for issue of fresh cheques which were not issued/received till date. The matter was raised in Lok Adalat under Delhi Legal Services Authority, which issued necessary notice to Director GFIL vide ref. LA(138)/DLSA/03 dated 07.02.2003 with the request to appear before Member Secretary DLSA on 02.04.2003. The matter was disposed off by mentioning that the dispute is already under the Consideration of the Supreme Court Appointed Committee dealing with the entire episode of GFIL.
              Golden Forests customer support has been notified about the posted complaint.
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                S
                subasdash27
                Dec 4, 2016
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                I have lost the hope of getting anything back. Hon supreme court is also dragging the matter so long that it seems they are incapable to distribute the property. They are waiting when the property rate will go high, they will sell it and distribute it.

                It is very easy for a company to grab the money and make it mess.

                I have a strong hope that Mr. Modi can do something quickly on this matter. After all, this is a biggest scam and many investors are frustrated and died in the due course. Please raise the voice so high that it can reach to our respected PM.

                Thanks/ Subas
                Golden Forests customer support has been notified about the posted complaint.
                Dec 19, 2016
                Md Munaf Ali's response
                Give my mony
                I had invested in golden forest (india) limited an amount of five hundred rupees in the 30/12/1995for the maturity of Rs.-50500 in the 30/12/2016. I here by requst the kindly infrom about the company status at my mail and get the information that I, ll able to hold the maturity at that time or not?..
                Thanks
                Suresh bhartia
                GuwahatI assam
                Mai shajad sahi mera nivadan hai ki aap hamra jitna paisa g.f.i.l aap dey dijiye
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                  T
                  Takeshwar Sahu
                  from Indore, Madhya Pradesh
                  Dec 4, 2016
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                  Address: Chandigarh, Punjab, 160101

                  Dear sir
                  I have invested amount of 20000 in the golden farests ind. Lim. Under recept no. LS/97/211733 dated on 16/07/1997 by the name kapil prasad/tarun dubey by chhattishgarh
                  My account maturity date is 16/07/2022 under enrolment no. 691055
                  But company is closed
                  So you are requisted to help me to recieve my amount as soon as possible
                  Company addre. - S. C. O.[protected] GOLDEN COMPLEX MANIMAJRA CHANDIGARH ( U. T) 160101
                  Golden Forests customer support has been notified about the posted complaint.
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                    A
                    Akshta Verma
                    from Noida, Uttar Pradesh
                    Nov 29, 2016
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                    Address: Chandigarh, Chandigarh
                    Website: goldenforests.in

                    To
                    The director
                    Golden forest (India) limited
                    Regd & head office s. C. O.[protected], golden complex
                    Manimajra chandigarh (U. T)-160101 zone-4
                    Phone : 554351, 553823
                    Fax :[protected]

                    I have invested 2000 inr in golden forest india limited, dated 10/04/1995 with the maturity date on 10/04/2016 on the name of akshta verma d/o deepak verma, account no 01/9/lsb80729, but i've not received my amount.

                    Email: akshta. [protected]@gmail.com

                    Looking forward for your help.
                    Golden Forests customer support has been notified about the posted complaint.
                    My father invested Rs 50000/- in GFIL on 27/8/1997 & its maturity amount is 10000000 in 2021.I want my all money.Please tell when we are going get our money back
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                      A
                      Asar.M.Khan
                      from Amritsar, Punjab
                      Nov 27, 2016
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                      Address: 143001

                      Dear sir in the ref. Of above receipt you have issued cheque number 727622, a/c no. 368 state bank of patiala panchkula date[protected] maturity amount is rs.111000/in my name
                      asar mohd khan s/o/sh. Noor mohd khan signed by
                      director mr. Rk
                      at present these type of che ques have been out dated and not in used and bank are not receiving these che ques
                      you are requested to issue the new che que
                      thanks
                      asar mohd khan s/o sh.Noor mohd khan
                      198, gali no.7 guru har rai avenue majitha road amritsar-143001
                      punjab. Ph. [protected], [protected]. E-mail.[protected]@rediffmail.Com
                      Golden Forests customer support has been notified about the posted complaint.
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                        R
                        routbarbil
                        from Delhi, Delhi
                        Nov 23, 2016
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                        To
                        The Honrable Chairman,
                        Committee-Golden Forests ltd
                        Reg- Non receipt of Maturity value against the policy a/c no 01/9/LSC232432, D/PLAN NO/MOP 24/21 L/S
                        Dear Sir,
                        As per the notification during October 2004 I have submitted all my documents to the address as per your advertisement, but till yet I have not got any reply from your end. So ref to the above would like to inform you that I have deposited the cheque received from Golden Forest in my saving account no [protected] dtd 18/10/16, but the Bank has return the cheque informing that there is no any account in the said cheque . so enclosing the cheque copy along with bank letter for your future action.Hence kindly issue me D.D/the fresh cheque to collect the maturity value through my SB Account or kindly transfer the amount directly trough NEFT in my SB Account no [protected] IFC CODE -SBIN 00005759 with an intimation to my following address .Also pl provide your Mail ID for the future correspondence
                        Again I request to your good office to release my dues & awaiting your prompt action so that I will oblige to you.
                        With Regards
                        Bichhinnamaitri Rout
                        Date : 23/11/2016

                        My ADDRESS
                        BICHHINNAMAITRI ROUT
                        D/O BICHHANDA CHARAN ROUT
                        AT/PO- SURAPRATAP PUR
                        VIA-MATHAKARAGOLA
                        DIST-DHENKANAL, ODISHA( STATE)
                        PIN CODE-759024
                        Mail Id- [protected]@gmail.com
                        MOBILE NO-[protected], [protected]
                        Encl: Zerox copy of – returncheque from SBI, GFIL money receipt, land bond, advertisement note dt 25.10.16 –the New Indian Express, Previous submission form which is sent sent by Regd post,
                        Golden Forests customer support has been notified about the posted complaint.
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                          P
                          pallvi sharma
                          from Jalandhar, Punjab
                          Nov 16, 2016
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                          Address: 144001
                          Website: golden forest limited

                          Dear sir,

                          I have invested amount of 1000/- in the golden forest (India) limited under receipt no. Ls/96/30136 dated 18/06/1996 by the name of mr. Rajesh kumar sharma by zone - 4

                          My amount maturity date is 30/05/2017.
                          You are requested to help me to receive my amount as soon as possible.

                          Company address is as under,

                          Golden forest (India) limited
                          S. C. O.[protected], golden complex,
                          Manimajra, chandigarh (U. T) 160101
                          Golden Forests customer support has been notified about the posted complaint.
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                            B
                            balajidan
                            from Chennai, Tamil Nadu
                            Dec 19, 2018
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                            Address: Chandigarh, Punjab

                            I have a bond in the year 1996 and maturity is 2021 for a amount of 1000 and maturity value is 200000. I have not done the claim yet... this is given by golden forest india but this company has gone bankrupt and only they have some properties left

                            Could you let me know if I can make a claim now and if yes how to do that ?

                            there is a case in the court pending. and the concerned authorities say that I can only get 1000rs back.

                            can i know how to get this amount back?
                            is it possible to claim this amount?

                            Thanks,
                            Golden Forests customer support has been notified about the posted complaint.
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                              V
                              venkannapeta
                              from Yarada, Andhra Pradesh
                              Nov 6, 2016
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                              Address: Chandigarh, Haryana, 4228N
                              Website: www.gmail.com

                              I, B.Likhita D/O, B.Lakshminarayana who had been invested of Rs 1000/- in the year[protected] in Golden forests (i) ltd Regd&head office Zone-2, S.C.O.[protected] golden complex manimajra, chandigarh(U.T)160101 vide my Receipt No 97/193407 dt[protected] and Account No 01/9/LSB529473. The advance cheque of maturity amount of Rs80000/- (eighty thousand) has not been received till date. My maturity date on[protected].Sir, kindly help me for my higher education purpose and no person can be take respond at chandigarh.
                              My details as under :-
                              B.Likhita D/o, B. Lakshminarayana
                              Vill : Venkannapeta, Post : Borubhadra, Dist : Srikakulam (AP)
                              Cell : [protected], e-mail: bammidi.[protected]@gmail.com
                              Golden Forests customer support has been notified about the posted complaint.
                              I have a bond in the year 1996 and maturity is 2021 for a amount of 1000 and maturity value is 200000. I have not done the claim yet...

                              Could you let me know if I can make a claim now and if yes how to do that ?

                              Thanks,
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                                V
                                vijaysingh446
                                from Raipur, Chhattisgarh
                                Oct 31, 2016
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                                Address: Jabalpur, Madhya Pradesh, 482004
                                Website: goldenforests.in

                                Rs.97000/- was invested in 1997 and 1998 with a maturity period is passed away As the case against the company was heard across various courts, the matter was finally transferred to the Supreme Court. Four years ago, the apex court appointed a committee under the chairmanship of retired chief justice RN. Agarwal, with two members, one each from the Reserve Bank of India and Sebi, for the purpose of taking into custody all the assets of Golden Forest and calling for claims of creditors and scrutinizing them. The court later asked the committee to auction all the assets of the company so that the investors could be repaid.I submitted all original documents on 4/12/2004 to Committee headed by justice R.N.Agarwal before 9 years back but no response received so far.
                                Will you issue a list of the persons registered for the claim, so that at least the investors will be sured that he is included in the list also display the amount which will be paid to him when the Honb. Supreme Court is ready to do that.

                                Requested for your necessary action please.

                                Thanks with regards
                                V.K. Singh
                                [protected]
                                H.No. 3809/25A Mansarowar Colony Behind Abhinandan Hospital, Adhartal Jabalpur M.P 482004
                                Golden Forests customer support has been notified about the posted complaint.
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                                  R
                                  Rajesh Chitte
                                  from Mumbai, Maharashtra
                                  Oct 28, 2016
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                                  Address: 443001

                                  Sir,
                                  I have invested Rs.1000/- under account No. 01/9/LSC517709 dated 24/09/1996 enrollment No. 951965 having maturity date 24/09/2016. Therefore I have submitted a cheque No. 0937728 of A/c. No. 531, but said account is already closed. Herewith I am humble requesting you to transfer my cashs earliest possible. My account details for transfer money from your side is as follows :
                                  Bank Name : State Bank of India
                                  Account Holder : Rajesh H. Chitte
                                  Account No. [protected]
                                  IFSC Code : SBIN0012016,
                                  Branch Name : Sundarkhed, Buldana
                                  convey your regard, earliest
                                  Thanks !
                                  Yours
                                  SD/-
                                  R. H. Chitte
                                  Golden Forests customer support has been notified about the posted complaint.
                                  Dear sir
                                  My name Mr. Ajaz, Pleace give a valid cheque,
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                                    A
                                    from Gurgaon, Haryana
                                    Oct 23, 2016
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                                    Address: Chandigarh, Punjab, 160101

                                    Not received maturity amount

                                    We have started investment in the year of 1996 on dated 21/09 with the amount of Rs. 500 per month for 5 years. My account no. is GRA1396 and Enrollment no. is 815888. The maturity date and amount of the investment was 21/9/2001 and Rs. 55000, after so many communications and they replied to submit original documents of the investment to particular address, after that we have contacting many times with them but there is no response against the same. We have all the copies of all documents with receipt and courier receiving receipt where we have sent the documents.
                                    we need to register our complaint refund my amount with interest.

                                    So please do needful and intimate us for further communications.

                                    Regards
                                    Mrs. Rajni
                                    W/o Harnam Singh
                                    Present address:- Rz-89b, hari vihar, delhi-110078
                                    [protected]
                                    Golden Forests customer support has been notified about the posted complaint.
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                                      N
                                      Narasappa.
                                      from Coimbatore, Tamil Nadu
                                      Oct 18, 2016
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                                      Address: Panchkula, Haryana, 134109

                                      My wife Saroja Narasappa Badiyal has invested Rs1000 in golden forest India Ltd.since the company seems to be fraud one, many investors moved the matter to court, The honourable Supreme court& high court of Chandigarh taken decision to return the investors money.Accordingly the director of golden firest has issued a account payee post dated cheque[protected]for Rs80000of Canara bank sector10Panchakula(Haryana).Acconnt no is531.When I went to my bank, they told me, it is a old format cheque, at present CTS format cheque is required.So please help me to whom I have to contact toget my amount back .Thanking you sir.
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                                        Y
                                        yadavar
                                        from Mumbai, Maharashtra
                                        Oct 18, 2016
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                                        Address: 400088
                                        Website: Golden project ltd.

                                        Respected sir/ Madam,
                                        I Shir Anand Yadav having policy Certificate of golden forest (l) LTD & golden project (l)LTD whose Office is at Chairman, Committee-GFIL (Appointed by Supreme Court of India) Main Building, Golden Forest (lndia) LTD.VPO-Jharmani Via-Laity, Chandigarh-Ambala NH-22, Tehsil Derabassi, District Mohali PIN-140 501.
                                        I HAVE submitted all the Documents as per the instruction of SUPREME court .
                                        Account no 01/9/RUB 266322.
                                        RECEIPT no 98/54615=29000=00.
                                        Account no 01/9/RUB277809
                                        RECEIPT no 99/8361=13200=00.
                                        RECEIPT no- 00/21419=55, 000=00.
                                        RECEIPT no-97/6322=55, 000=00.
                                        RECEIPT no-97/64766=15000=00.
                                        RECEIPT no-98/114573=20, 000=00.
                                        Account no 01/9/RUB 316196
                                        00/5187=48, 000=00.
                                        Please register my detail and make arrangements for MATURITY AMOUNT AS PER THE Rules.
                                        Thanks
                                        Golden Forests customer support has been notified about the posted complaint.
                                        Oct 18, 2016
                                        Updated by yadavar
                                        Respected sir/madam,
                                        i shir anand.Ramprasad yadav as per the advertisment given on 01/07/2007. I have filled the settlement form and sent to your office as per the order dated 19 augest 2004 in tc.(c).No-2/2004.
                                        Securities and exchange board of india -v/s-golden forest (india)ltd.
                                        Receipt no=95/[protected]=00
                                        receipt no=96/[protected]=00.
                                        Receipt no=98/[protected], 000=00.
                                        Receipt no=98/54615
                                        -01/9/rub266322=29000=00.
                                        Receipt no=99/8361
                                        -01/9/rub 277809=13, 200=00
                                        receipt no=00/[protected]=00.
                                        Receipt no=97/[protected]=00.
                                        Receipt no=97/[protected]=00.
                                        Receipt no=98/[protected], 000=00.
                                        Receipt no=00/5187
                                        -01/9/rub[protected]=00.
                                        I request you to give my maturity amount as mentioned above.
                                        Thanking you with hope.
                                        Anand.R.Yadav.
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