Sterling Tree Magnum India Ltd — Sterling Teakquity

Address:Chennai, Tamil Nadu

Sterling tree magnum (India) ltd was incorporated under the companies act 1956 with their regisered office at 154 eldams road, teynampet, chennai 600018. I had purchased easy retirement teakquity certificate for 5 trees on 5th may 2015. I was informed that 5 trees has been allotted at vittanery plantation, in kalayar koil, subregistrations district pasumpon muthuramalinga thewar distric.

As per the scheme i supposed to get interim returns at the end of 6th year, 12th year and 15 year . But till date i have not received any intermim payment. The local office at kodambakkam, chennai was closed without any notice. I have sent reminders and personal call have not been replied till date. I was told that there is a case in the court (Details not known to me) regarding all the teaquities and the court will take the decision.
The company has not replied to any of our querries.

This is the problem of not only mine but lacs of public who have invested in this scheme and waiting for their
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There many investors who are waiting for their hard earned money returned by the company. Unfortunately, the company is enjoying with the funds collected from the Public.

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    Chennai
    Tamil Nadu
    India
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