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Golden Forests Complaints & Reviews

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Updated: Jan 2, 2026
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Golden Forests reviews & complaints page 78

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S
somsahu
from Mumbai, Maharashtra
Mar 19, 2015
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We have invested rs. 5000 / - vide receipt no. 97 / 263132 dt 12 / 11 / 1997 zone 3.

In teh said receipt teh company has promised toreturn :
- after 5 yrs rs. 10, 000 / - ; - after 10 yrs rs. 10, 000 / - ;
- after 15 yrs rs. 10, 000 / - ;
- after 20 yrs rs. 10, 000 / - ;
- after 25 yrs rs. 15, 000 / - .
Howver teh company failed to respond to various emails and letters and didnt respond when time came for refund.

We shall request you to retrun our hard earned money at an early date.

Thaking you in naticipation.

Sunil sahu & sushila sahu
Bldg no. 41 / a - 803, swapnashilp, tilak nagar, mumbai - 400089.
[protected]@gmail.com,[protected],[protected].
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    vicky80
    from Cherthala, Kerala
    Mar 15, 2015
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    Address: Hamirpur, Himachal Pradesh

    My father (Mr.Kuldeep Chand) has invested since October 1996 but unfortunately we came to know about in 1998 or 1999 that the Golden Forest is no more in market. We all were very disappointed but there is always a hope remain in every one's heart that it can not happen. I was very younger that time but today I am working with a company at Gurgaon and trying to settle here. I came to know one year back the matter that Mr.Syal is fighting for his right in Hon.Supreme Court. On that basis, I can assure that there is an unbreakable believe in the hearts of people for Supreme court. The court will definitely give its judgement and the things will be settled at their places. But we require money on urgent basis that's why request you to please do the needful. For any further clarification or requirement, please call or revert on my mail id. Vivek [protected]
    +1 photos
    May 04, 2015
    Updated by vicky80
    My father (Mr.Kuldeep Chand) has invested in October-96 but unfortunately, we came to know about it just after two years of investment i.e. in 1998 or may be in 1999 that the Golden Forest is no more in market. We all were very disappointed & were wandering here and there to find out the truth. We caught the agent and asked him about the matter, he was also answer less so we could not even told to anyone that we also have invested in Golden Forest, but there was a hope in our hearts that may be the things would be settled and money will be given back by the owners. I was very younger that time but today I am working with a company at Gurgaon and trying to settle here. I came to know one year back the matter that Mr.Syal is fighting for his right in Hon. Supreme Court. On that basis, I can assure that there is an unbreakable believe in the hearts of people for Supreme court. The court will definitely give its judgement and the things will be settled at their places.

    At the instance, we need the money on urgent basis, that's why request you to please do the needful. For any further clarification or requirement, please call or revert on my mail id.
    Warm Regards
    Vivek [protected]
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      chakric123
      from Mumbai, Maharashtra
      Mar 7, 2015
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      Address: Karimnagar, Andhra Pradesh

      Dear sir, My father had invested in golden forest in 02/05/1995 scheme with an amount of INSURENCE Receipt no:LSC118178 We wish to know its status and the process to get it redeem. I remember the scheme was of 25 years investment cap and the sum mature will be given after that. Just wanted to check if the scheme is in force and how we will get my money back? Please reply to me at ([protected]@gmail.com)
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        S
        SRAVANI SAMU
        from Mumbai, Maharashtra
        Mar 5, 2015
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        Dear Sir, My father (NIMMADALA GOWRI SANKRRAO)had invested in your company scheme with an amount of INSURENCE VALUE 10000 dated 27 jan1996. Receipt no:LS/96/12649 ENROLMENT NO:444142 We wish to know its status and the process to get it redeem. I remember the scheme was of 25 years investment cap and the sum mature will be given after that. Just wanted to check if the scheme is in force and how we will get my money back? Please reply to me at suniana.[protected]@gmail.com
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          S
          shekhar12in
          from Delhi, Delhi
          Feb 23, 2015
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          Address: Patna, Bihar

          Dear Sir, My father had invested in your company scheme with an amount of INR1000 dated 27 Aug'96. We wish to know its status and the process to get it redeem. I remember the scheme was of 25 years investment cap and the sum mature will be given after that. Just wanted to check if the scheme is in force and how we will get my money back? Please reply to me at indu.[protected]@gmail.com Indu Shekhar
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            R
            rajkumari19
            from Thiruvananthapuram, Kerala
            Jan 12, 2015
            Resolved
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            Address: Bhopal, Madhya Pradesh

            Dear Sir, I am Rajkumari Garewal. I have invested amount of 10000/- in the golden forest (India) limited under receipt no.97/53745 issue dated 25/06/1997 by the name of Smt. Rajkumari Garewal W/o Mr. Narayan Prasad Garewal. My amount maturity date is 27/05/2002 under enrolment no. 666241. In that time company give a cheque of 30000/- cheque no. 0079835 A/c payee only by Union Bank Of India Sector 35-C, Chandigarh-160022 In 2004, As per the information had printed on 25/10/2004 in Danik Bhasker Newspaper Bhopal. And the information was that please submit your original copy of the document and issued by Mr. R.N. Agrawal, Chief Justice(Retired), chairman Committee Golden Forest India Ltd, Appointed by supreme court . I have sent to my original document to that Address "Mr. R.N. Agarwal, Chief Justice(Retired), chairman Committee Golden Forest India Ltd, Appointed by supreme court, main road, village or post office jharmadi, via laldu, chandigarh ambala NH-22 tehsil deravassi jila patiyala, pin code- 140501 ". But the amount has not come yet. please inform us as soon as possible. my email is rajkumari.[protected]@gmail.com So you are requested to help me to receive my amount as soon as possible. Thankyou
            Aug 14, 2020
            Complaint marked as Resolved 
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              M
              Manish 05
              from Nanpara, Uttar Pradesh
              Dec 26, 2014
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              Address: Gorakhpur, Uttar Pradesh

              Sir i received a cheque of rs 222000/- only.. hw can i cash this cheque, , details are as follows:- STATE BANK OF PATIALA< PANCHKULA 0387, MEMBER CHANDIGARH CLEARING HOUSE, CHEQUE NO CA/[protected] NAMED BY MR VIMLESH KUMAR SHRIVASTAVA & MRS MRIDULA SHRIVASTAVA A/C NO 368 Plz help me regarding this cheque contact no [protected] email id [protected]@yahoo.com
              Aug 14, 2020
              Complaint marked as Resolved 
              Did anyone get back the deposited amount ? Please post here.

              Few years back, This company's assets were locked by SEBI and Liquidator was assigned by the Supreme Court, but i didn't see the info after that.
              Yes, if somebody has got any amount pls let others know so, that they can follow up on the same even my parents invested a good amount of money, but did not hear any thing from the company till now
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                S
                sourabh111987
                from Gharaunda, Haryana
                Dec 24, 2014
                Resolved
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                Address: Hisar, Haryana

                Dear Sir My Father (Satish Kumar Verma) had invested the hard earned money in the name of my mother (Raj Rani), sister (Kanika Verma), himself (Satish Kumar Verma) & myself ( Sourabh Verma). To add further, some other family members ( Asha Rani Kanda, Arun Kumar & Vanita ) also invested their money as well for the period of[protected]. In Total, my father invested INR 50, 000 from[protected]. I tried to send the xerox of the policy documents to Shri R.N. Aggarwal Committee by registered post in April 2014. But the office was closed. Now, Please help me out that where should I send the xerox of policy documents so that we will get our money back once the claim will get settled. Regards Sourabh
                Aug 14, 2020
                Complaint marked as Resolved 
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                  Jignesh611989
                  from Pune, Maharashtra
                  Dec 23, 2014
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                  regarding investment refund

                  Address: Mehsana, Gujarat

                  Hello, My dad invested some money in golden forest India limited and I have check of 2, 22, 000 with maturity date 05/04/2020. But problem is company closed in 2000. In the year 2004 The Hon’ble Supreme Court of India had appointed a committee to make a list of all the investors of G.F.I.L and to take over the assets of G.F.I.L. The Hon’ble Supreme Court of India had in 2010 transferred the case of G.F.I.L to the Hon’ble Delhi...
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                  M
                  madhusudan tandon
                  from Mumbai, Maharashtra
                  Dec 16, 2014
                  Resolved
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                  Address: Lucknow, Uttar Pradesh

                  My all family members and friends had lodged all the claims due from Golden forests (India) limited to the SEBI WITH REQUEST that the COMPANY/RECEIVER /LIQUIDATOR ( as the case may be ) directed to make payment of the aforesaid Deposits along with interest due thereon in accordance with the Term and Conditions of the Deposit that further orders be passed as the SEBI may deem fit in the circumstances of the case. This type of letter along with the photocopy of all the deposits receipts were sent on 20/01/2005 but regret to say no acknowledgement were received from them in respect of all the claims. Now as per telephonic talks I had on 15/12/2014 with the Committee members of liquidator fresh claims can not be lodged since all the documents is sealed by the Supreme Court, in this case how we may be assured that our proper claims is already lodged with the liquidator committee members. All the lodged claims should be uploaded on its Web site so that every claimant may get its confirmation. On the other hand All the Depositors registers/hard copies must have been acquired by the committee before taking charge so they must have detail records i.e. all records of Assets and Liabilities to disburse real claimant of their own source. In case any depositors could not lodge their claims they must be informed individually.
                  Aug 14, 2020
                  Complaint marked as Resolved 
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                    M
                    madhusudan tandon
                    from Mumbai, Maharashtra
                    Dec 14, 2014
                    Resolved
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                    Address: Lucknow, Uttar Pradesh

                    My Family members have not received the following Maturity: Depositors 1. Mrs Brijrani Tandon 2. Mr. Harishanker Tandon LSC No. 357853 Initial Deposit Rs. 15000/-, Maturity amount Rs. 30000/- Maturity date 26/08/1999... LSC No. 357854, Initial Deposit Rs.10000/- Maturity amount Rs. 20000/- Maurity date 26/08/1999... LSC No. 357855 Initial Deposit Rs. 15000/- Maturity amount Rs. 30000/- Maturity date 27/0801999... LSC No. 357852 Initial Deposit Rs. 5000/- Maturity amount Rs. 10000/- Maturity Date 26/08/1999... LSC No. 351980 Initial Deposit Rs. 5000/- Maturity amount Rs. 10000/- Maturity Date 21/04/2000
                    Aug 14, 2020
                    Complaint marked as Resolved 
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                      M
                      madhusudan tandon
                      from Mumbai, Maharashtra
                      Dec 14, 2014
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                      Address: Lucknow, Uttar Pradesh

                      I have not received my Maturity amount of the following Deposit: Date of deposit Amount of deposit Receipt no. Names of Depositors Date of maturity Amount of Maturity 31/07/1996 1000/- LSC 46735 Shakuntala Tandon 31/01/2000 2000/- Madhusudan Tandon
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                        M
                        Mahender Tripathi.
                        from Mumbai, Maharashtra
                        Nov 28, 2014
                        Resolved
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                        Address: Gwalior, Madhya Pradesh

                        It is hereby intimated that my father Shri Vishram Tripathi had invested a sum of Rs 15, 000/- (Rupees fifteen thousand only) in Golden Forest (India) Ltd in 1998-99 as under : - (a) Our Receipt No LS/99/7235, Issue Date 23 Jan 1999, ST No JNC99-[protected] ST Date 29 Dec 1998 & A/C No. 01/9/LCC42849/02/49732 Maturity Rs 5000/- Maturity value Rs 10, 000 Enrolment No 1124358 (b) Our Receipt No LS/99/7236, Issue No 23 Jan 1999, ST No JNC[protected] ST Date 29 Dec 1998 & A/C No. 01/9/LCC42850/02/49733 Maturity Rs 5000/- Maturity value Rs 10, 000 Enrolment No 1124358 (c) Our Receipt No LS/99/7237, Issue No 23 Jan 1999, ST No JNC[protected] ST Date 29 Dec 1998 & A/C No. 01/9/LCC42851/02/49734 Maturity Rs 5000/- Maturity value Rs 10, 000 Enrolment No 1124358. However, after expiry of more than 12 years, we haven’t received any amount or any type of intimation from the company. In view of the same, may I request you to please initiate necessary action against the company and resolve our economic hardship at the earliest. It is also requested to please intimate deemed suggestion or progress on my query on my contact details as shown below : - Email- [protected]@ gmail.com
                        Aug 13, 2020
                        Complaint marked as Resolved 
                        Did anyone get back the deposited amount ? Please post here. Few years back, This company's assets were locked by SEBI and Liquidator was assigned by the Supreme Court, but i didn't see the info after that.
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                          V
                          Vijay Nigudkar
                          from Mumbai, Maharashtra
                          Oct 25, 2014
                          Resolved
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                          Resolved

                          Refund of Invested Money

                          Dear Sir, I invested money in Monthly RD account which was due on 28/03/2000. My enrolment No. is 188999 and A/C No. is 01/9/RUD58094 Amount Rs, 14160/- and Fixed deposit amount Rs. 222000/= Receipt No. LS/97/5465 issue date 05/02/1997 A/C No. 01/09/LSD143216 ST No. JND97-2529/188999. Check No. 0590838 Union Bank of India dated 31/12/2021. Can I get the details of these policies? Can I deposit this cheque for clearance on due date? Please...
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                          H
                          Harish.M.Baadaa
                          from Mumbai, Maharashtra
                          Oct 14, 2014
                          Resolved
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                          Resolved

                          Address: Bangalore, Karnataka

                          Sir, I M.Harish S/o Mahadevappa No.24/2 2nd cross, cholurpalya, Magadi Road Tolgate, Bangalore. And My New Address No.55, Dananayakana Halli, Ramasandra, Sulikere Post, Kengeri Hobli, Bangalore – 560060. MOBILE : NO. [protected] ADDITIONAL MOB NO’S [protected] & [protected] e.mail ID - [protected]@gmail.com [protected]@rediffmail.com INVESTMENT RUPEES 5.000/- COMMENCEMENT/MATURITY/ENROLMENT 16/04/1994 / 16/04/[protected] ACCOOUNT NO.01/9/LSC6211 D/PLAN NO.22/15 MATURITY VALUE RS.1, 70, 000/-. YOUR POST DATED CHEQUE NO.088810 DT.16/04/2009 FOR RUPEES 1, 70, 000/- (ONE LAKH SEVENTY THOUSAND ONLY) CHEQUE BOUNCE REASON INSUFFICENT FUNDS. ON 15/04/2009. MY HUMBLE REQUEST IS LET ME KNOW FATE OF MY AMOUNT TO ABOVE MY NEW ADDRESS OR MASSAGE OR E-MAIL. THANKING YOU IN ADVANCE YOUR’S FAITHFUYLLY M.HARISH. DT.14/10/2014.
                          +1 photos
                          Aug 14, 2020
                          Complaint marked as Resolved 
                          Sir,

                          Kindly let me know the fate of my amount.

                          and I will be appreciate if you respond.


                          Thanking You
                          Harish. M.

                          CHEQUE BOUNCE - Comment #2068262 - Image #0
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                            PONNA PRADEEP KUMAR
                            from Hyderabad, Telangana
                            Oct 8, 2014
                            Resolved
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                            Resolved

                            Address: Hyderabad, Andhra Pradesh

                            I invested my amount in GOLDEN FORESTS (INDIA) LTD, Manimajra, Chandigarh, in the year of 1996 for Rs.5, 000/- wide receipt no.LS/96/82615 dt. 25/06/1996. And I came to know that whoever invested in this company were suffering a lot to get there amount back, even after some years of maturity (period, even till now i.e.2014). Therefore, I humbly request concern persons to cancel my above investment receipt and release my deposited amount at the earliest. Or kindly let me know the feedback for when can I suppose to get my payment and all. Thanking you, Yours faithfully, PONNA PRADEEP KUMAR HYDERABAD. MOB.Nos. [protected] & [protected]
                            Aug 14, 2020
                            Complaint marked as Resolved 
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                              lalsonia
                              from Bareilly, Uttar Pradesh
                              Sep 29, 2014
                              Resolved
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                              Resolved

                              Address: Chandigarh, Punjab

                              This is regarding the Insurance Policy which we have taken from Golden forest. Following are the details: NAME O[censored]NIT HOLDER– ANITA RAJ Account No-01/9/LSC99233899/65163 Receipt No-98/138223 Amount in Rs-50000 Date of ISSUE-02/09/1998 MATURITY DATE– 20/08/1999 MATURITY VALUE– 58500/- ENROLMET NO-170782 NAME O[censored]NIT HOLDER– ANITA RAJ Account No-01/9/LCC1193999/85869 Receipt No-98/157362 Amount in Rs-15000 Date of ISSUE– 10/10/1998 MATURITY DATE– 11/09/1999 MATURITY VALUE– 17550/- ENROLMET NO –170782 There are four other policies which we had taken. I really want to know the current status of the company and when the money will be returned to us. Please reply as soon as possible
                              Aug 14, 2020
                              Complaint marked as Resolved 
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                                Balimidi
                                from Bengaluru, Karnataka
                                Sep 19, 2014
                                Resolved
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                                Resolved

                                Sir I B. Madhu Sudhana Rao, an Ex-Indian Navy, booked units worth Rs.1000/- on 02 Dec 1996 on my Son's name, B.Chaitanya Kumar. The Enrolment No. 523668, LSC 564419 / 12731. And I have received a post dated cheque of Canara Bank, Manimajra, Chandigarh for Rs. 101000/-. The date for claim for maturity is after 02 Dec 2017. I would like to draw the said amount at the earliest possible. Kindly help me and Request instructions please. Thanking you Madhusudhan [protected] [protected]
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                                Aug 14, 2020
                                Complaint marked as Resolved 
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                                  S
                                  SWAPAN66DAS
                                  from Bhubaneswar, Odisha
                                  Sep 18, 2014
                                  Resolved
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                                  Resolved

                                  Address: Kolkata, West Bengal

                                  Dear Sir, I invested in the Golden forest (India) limited with the following 4(four) nos. investmentment made in 'Land unit of Golden forest (India) under 'lump sum investment unit plan' in the name of Swapan Das for 3.5 years at Calcutta branch. I have submitted all the 'original certificates/acknowledgement receipt in response of press advertisement to the ...Chairman Committee – Golden Forest (India) Limited (Appointed by The Hon’ble Supreme Court of India ) on 25.10.04. (1) Rs.5000/- on 25.04.98 with the Certificate no.841119 and Receipt no. LS/98/61782 dt. 19.05.98 (Maturity Amount Rs. 10000/- Matured on. 25.10.01) (2) Rs.5000/- on 21.07.98 with the Certificate no.948860 and Receipt no. LS/98/95558 dt. 18.08.98 (Maturity Amount Rs. 10000/- Matured on. 21.01.02) (3) Rs.28000/- on 06.11.98 with the Certificate no.26668 and Receipt no. LS/98/126530 dt. 17.12.98 (Maturity Amount Rs. 56000/- Matured on. 06.05.02) (4) Rs.20000/- on 13.03.01 vide 'Acknowledgement slip' no. 017609 B dt.13.03.01 from the Chamber Office at Lenin Sarani, Kolkata through marketing member Mrs. Mili Mukherjee, Enrollment no. 465467 (Maturity Amount Rs.40000/- Matured on. 13.09.04) . But till the date I have not received any amount or any information from committee. . So, you are requested to help me to receive my amount as soon as possible. SWAPAN DAS. Gandhi School Road, Nabapally, Barasat, 24Pgs(N). Pin-700126 Ph. [protected] E-Mail ID [protected]@gmail.com
                                  Aug 14, 2020
                                  Complaint marked as Resolved 
                                  Please enroll my complaint to the Chairman Committee – Golden Forest (India) Limited -Appointed by The Hon’ble Supreme Court of India (Shri R.N. Agarwal) Bunglow no-60, sector-4, Chandigarh, Punjub for quick action towards maturity amount.
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                                    Jovita Pereira
                                    from Bengaluru, Karnataka
                                    Sep 15, 2014
                                    Resolved
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                                    Resolved

                                    Address: Uttara Kannada, Karnataka

                                    Myself Airmelin Pereira invested Rs 5, 000.00 as a fixed deposit at Golden Forest in the Year 1997. I was supposed to get the double amount in the year 2012. But till today I have not received my deposit amount from the company.

                                    Followings are the my details:

                                    Name: [removed]
                                    DOB : [removed]

                                    Permanent Address:

                                    wife of : [removed]
                                    Aug 3, 2017
                                    Complaint marked as Resolved 
                                    Aug 03, 2017
                                    Updated by Jovita Pereira
                                    Nothing
                                    NAMSKAR SIR,


                                    Subject : pls TO Add my new bank Account number

                                    My Name :GOHEL BABUBHAI BAKORBHAI mo.no.[protected]

                                    CLAIM REGISTRATION STATUS

                                    ( 1) Unique Ref.no 1128354 ACCOUNT NO : LCC263926 DEPOSIT AMOUNT 20000
                                    (2) Unique Ref.no 1128140 ACCOUNT NO : LCC263925 DEPOSIT AMOUNT 20000
                                    (3) Unique Ref.no 1128464 ACCOUNT NO : LCC263927 DEPOSIT AMOUNT 10000
                                    (4) Unique Ref.no 1128708 ACCOUNT NO : LCC263932 DEPOSIT AMOUNT 1000
                                    (5) Unique Ref.no 1290056 ACCOUNT NO : LCC263928 DEPOSIT AMOUNT 500
                                    (6) Unique Ref.no 1288751 ACCOUNT NO : LCC263929 DEPOSIT AMOUNT 500

                                    MY NEW BANK ACCOUNT:
                                    STAT BANK OF INDIA. STATION ROAD, ANAND.(GUJARAT)
                                    ACCOUNT NO : [protected]
                                    IFSC NO : SBIN0000313 MY Adhar card no :[protected]

                                    pls Sir I'M Request to pay the amount in my new bank account. copy of bank passbook is included.
                                    With the expectation of your co-operation
                                    B.B. GOHEL

                                    for not received amount of deposit - Comment #3299170 - Image #0
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