[Resolved]  Esskayjay Plantations Limited — TEAK TREE CERTIFICATE

Address: Assam

Dear Sir/Madam,

I had purchased Teak Tree Certificate (Certificate no. 4213 & Distinctive no. 8392) on[protected] from Esskayjay Plantations Limited, 7B, Kiron Shankar Roy Road, Calcutta - 700 001. As per terms and conditions of the company the Certificate Holder may buy back the trees after 5 years @ Rs. 1800/- each or 10 years @ 5400/- each and such offer was to be made within three months from the expiry date of above periods and if this offer is not opted by the Certificate Holder the Company will deliver the tree to him after completion of 20 years. Accordingly, I had communicated the company in several occasions but reply is received from the Company.

Is there any possibility of getting the benefit after completion of 20 years from such company which is not responding to its Certificate Holder ?
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Aug 13, 2020
Complaint marked as Resolved 
 
31 Comments

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Dear sir, Sub:Esskayjay plantations ltd, kiron shanker roy street Calcutta, -teak certificates.

I have purchased 3teak plantation tree certificates with promise to redeeem at different intervals of time, as i remember the company in its corporate communicatin brochure/circular informed about development of resort in plantation site, showing growing saplings of teak trees., it was around 21years back.since then the company Eskayjay plantations ltd never wrote any letter informing investors about relevant progress.
Now that the maturity of 20 years has been attained the investors are rightful in asking for their returns on their investment. When the certificates will be asked for redemption by company, has never been notified.when we will maturity benefits., will be paidback to investors.

Dr AMITABH KUMAR SRIVASTAVA,
Suflam D-1207, Himalaya Marg, IndiraNagar,
LUCKNOW-226016 tel [protected]
Dear Sir,

My husband, Shri Aloke Bagchi had purchased a teak wood plantation certificate bearing certificate No. 31463 on 31st August, 1992. from ESSKAYJAY Company Ltd, Kolkata. Since then the company Eskayjay plantations ltd never wrote any letter informing investors about relevant progress. Now that the maturity of 20 years has been attained the investors are rightful in asking for their returns on their investment. When the certificates will be asked for redemption by company, has never been notified.when we will maturity benefits., will be paidback to investors. An early response in this regard would be appreciated. It's been already 22 years and no response from the company would certainly attracted serious punitive action for cheating such a large no of people.


Mrs. Bagchi
New Delhi
Sir,
I have purchased two certificates in year 31.08.92 from your company N0s[protected]. It is over 20 years.No response is there.Now I have New address, Kindly send all the information on following address-
Ms.Promilla Khan
[protected]@gmail.com
Sir,
Self purchased two Teak trees and received certificate No 17063 & 17064 duly signed on 31st Aug/1992.But after expiry of maturity I have not received the sale value of the trees.Even my letter was not received by the address given.I request to inform how I can be benefited of my hard earning money.
PULIN PHUKAN,
S.N.BURAGOHAIN ROAD, JORHAT.Pin 781001
[protected]@gmail.com
ESSKAYJAY PLANTATION LTD.


Sir/Madam,

How to get benefits of Certificate no and Folio no. 11468 vide distinctive No. 31202 to 31206. Kindly give full details for process of withdraw.

Thanking You,

ANANDA CHANDRA ROWLO
Moblie-[protected].Email:[protected]@gmail.com
I am holding Teak Certificates numbered 7280 and 7281 dated 31st Aug 1992 (Distinctive numbers 2783 and 2784) issued by Esskayjay Plantations Ltd . If there is scope for recovery of maturity value, please elaborate.
Certificates were purchased in the names of my sons.

Thanks
Udayasankar
Mobile [protected] E mail: [protected]@gmail.com
Sir I have purchase 2 teak trees still now I not got money back I have bound certificate with me my folio number. 20319 my mail id is [protected]@gmail.com

Dear Sir/Madam,

I had purchased Teak Tree Certificate (Certificate no. 16738 & Folio no. 16738) on[protected] from Esskayjay Plantations Limited, 7B, Kiron Shankar Roy Road, Calcutta - 700 001. As per terms and conditions of the company the Certificate Holder may buy back the trees after 5 years @ Rs. 1800/- each or 10 years @ 5400/- each and such offer was to be made within three months from the expiry date of above periods and if this offer is not opted by the Certificate Holder the Company will deliver the tree to him after completion of 20 years. Accordingly, I had communicated the company in several occasions but no reply is received from the Company.

Is there any possibility of getting the benefit after completion of 20 years from such company which is not responding to its Certificate Holder ?
Dear Sir/Madam,

I had purchased Teak Tree Certificate (Certificate no. 6838 &Folio No. 6838 from Esskayjay Plantations Limited, 7B, Kiron Shankar Roy Road, Calcutta - 700 001 issued on 31.08.1992 for 2 trees @ Rs 600/ each.. As per terms and conditions of the company the Certificate Holder may buy back the trees after 5 years @ Rs. 1800/- each or 10 years @ 5400/- each and such offer was to be made within three months from the expiry date of above periods and if this offer is not opted by the Certificate Holder the Company will deliver the tree to him after completion of 20 years. Accordingly, I had communicated the company in several occasions but no reply is received from the Company. I send a letter to the company regarding my change of address which is returned to me addressee not found

Is there any possibility of getting the benefit after completion of 20 years from such company which is not responding to its Certificate Holder ? my email id [protected] is ganga.[protected]@gmail.com. Therefore it is requested that necessary intimation regarding above may be communicated . REgards. Gangadhar Dash
Dear Sir,

Ref: - TEAK CERTIFICATE NO. – 28415, FOLIO NO. – 28415, NO. OF TREE – 1 (ONE).

In reference to the above this is to inform you that I had invested Rs. 600/- (Rs. Six Hundred Only) in your company in the year 1992 (31st Day of August 1992) towards the scheme of Tree plantation in anticipation of the return as per the scheme floated by your company.
I request to inform you that so far no return has been made to me it is a matter of great concern. I would request you to please acknowledge and confirm by which date the retune / Benefit would be made available to me.

Kailash chandra swami
Koiriya tola, raxaul
Behind nagar parisad
Dist – east champaran– 845305 (Bihar

Dear sir
I had purchased a TEAK CERTIFICATE with certificate no. 10468 and folio no.10468, Distinctive no.31169 on 31 August 1992 from ESSKAYJAY PLANTATION LTD
71B, K S ROAD KOLKATA-700001 as per the terms and conditions of the company.
But till today I have not received any returns from the company after repeated reminders.
Please help me to get my money back.
S CHARAN SAHOO's reply, Jun 14, 2021
Please confirm the acknowledgement by return mail or on my present postal address
SADHU CHARAN SAHOO
K V NO 1 SECOND SHIFT
UNIT-9, BHUBANESWAR
P O: BHOI NAGAR
DISTT: KHORDHA
ODISHA- 751022

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