[Resolved]  Sterling Tree Magnum (India) Ltd — Teakquity Plan

I havehad purchased the subject plan for 21 teak trees by paying near about 30,000/= Rs. They Issued a certificate (Certificate No. L 1807 dt. 15/03/1996) , guaranteed 1.06 Cu. Mtr. timber per teak tree planted at Pangudi Plantation in Parivirisurian Village, Radhapuram Taluk, Tirunelveli District, to an extent of 5.5 cents.

Its maturity date is 15/11/2013. But, they failed to give the the timely interim returns of 6th and 12th year. Now, there is no response from their end.

Please treat this as a complaint from my side,and kindly requested to sue them immediately.

Awaiting your early favourable orders,

Thanking you,

Yours faithfully,

Ravi Menon
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Aug 13, 2020
Complaint marked as Resolved 
 
2 Comments

Comments

i have purchased a tree on 25.06.96 and its maturity date is 24.03.16 and its certificate number is (k21052) 1 tree. now i have received a letter from court. i want to discontinue it and want my money back. so please mail me your procedure how to discontinue it and take my money back. i am hoping for your favourable response.

Thanking you
R.D SHARMA
Hi, Plz join sterling tree magnum group @ orkut.com

This group is created to assemble all STM investor in one place ; for effective action.

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