[Resolved]  Sterling Tree Magnum (India) Ltd — CHILD MILLIONAIRE TEAKQUITY CERTIFICATE

TEAK TREE UNDER TEAKQUITY PLANS — NO INTERIM RETURN RECEIVED TILL DATE

This is Mr. Khanolkar Vinayak Balkrishna booked 20 nos of teak trees under Teak Tree under Teakquity Plans of Sterling Tree Magnum (India) Ltd. The booking serial no. was G 135611 dated 24/12/94 with a one time payment of Rs. 29,500/- vide cheque no. 112826 dated 30/12/1994 on The Saraswat Cooperative Bank Ltd., Pimpri Branch, Pune. The undersigned received a Land Owners Teakquity Certificate No. A1773 for holding a piece of land admeasuring 222.22 Sq. Mts. ( 2420 Sq. Ft.) situated at Khata No. 511, Plot no. 55 and earmaked as Block No. 90 in Mouza Kokolaba, P.S. Tarasingh, Tahasil Ghumbhur, Ganjam District, Orissa State, India. The Deed of Sale is also recived in the context.
The undersigned was supposed to receive an interim return of Rs. 24,500/- at the end of the 6th year (i.e. by 30/12/2000) and the second interim return of Rs. 1,10,000/- at the end of 12th year (i.e. by 30/12/2006) as per the proposal from the promoter company. The company also assured to pay the maturity value of Rs. 14,40,000/- at the end of 20th year (i.e. by 30/12/2014)
The undersigned had received a proposal dated 26/12/2001, from the company for conversion of the investment to equity shares of the said company (i.e. total 3060 no. of shares of Rs. 10/- each) as per company scheme STM 3. The undersigned accepted the proposal and the related slip was sent on 02/01/2002, to the Company address as stated in the letter. The undersigned regret to state that he has not received any document nor any share certificate till date. Kindly advise.

Thanks & Regards,


(Khanolkar Vinayak. B..)

Please Note the new address for correspondence
Mr. Khanolkar Vinayak Khanolkar)
S-218, MIDC Bhosari,
Pune 411026.

sterling tree magnum india ltd — No information about certificate

Sir,
I have purchased a Certifficate for purchae of Teak Tree from Sterling Tree Magnum INdia Ltd. Chennai in 1993. But not correspondence is from Company. Please kindly return my amount

Yours faithfully
V.Ch.Krishnam Raju

Sir,

My position is also the same.Who do we contact? what do we do? please advise.

Chandran

I am also having the same problem. How to go ahead ?

R.K.Baruah
Mobile :[protected]

I have also not received interim and maturity amount. Company has told your money will be converted in shares but no action initiated

I have also not received interim amount and problem is same as above

K.VIJAYA KUMAR, TIRUPUR.

I HAVE ALSO NOT RECEIVED INTERIM AMOUNT AND PROBLEM IS SAME AS ABOVE.

i too having the same problem, , , pls kindly suggest me in this regards, , ,

Mr.Vijay kumar golgeri and Mr.akash kumar golgeri; contact no.[protected].

our addressses
h.no.7-5-172
matha pitru nivas
jawahar nagar
raichur-584103
karnataka
email;[protected]@gmail.com

WE HAVE NOT RECIEVED ANY INTIMATION
pls kindly suggest me


ch.omprakaash [protected]
[protected]@hotmail.com

I HAVE NOT RECIEVED ANY INTIMATION
pls kindly suggest me

GS Umashankar
[protected], [protected]
Bangalore
[protected]@gmail.com

Sterling Tree Magnum (India) Ltd. Complaints -

No iterim returns received

MY WIFE VEENA JOSHI A OWNER OF 2 TEAK TREE.CERTIFICATE NO. OF HER BOND IS D1495.DATE OF JOINING IS 31/03/1994.MATURITY DATE IS 30/03/2014.AND HER APPLICATION IS U 17222 .TRESS ARE PLANTED AT MELA AMBUR VILLAGE, VIKRAMASINGAPURAM SUB-REGISTRATION DISTRICT, AMBASAMUDRAM TALUK, TRUNELVELI. T.NADU IN INDIA. ABOVE ALL DETAILS IS ACCORDING TO BOND ISSUED BY THEM.
THIS COMPANY IS REGISTERED UNDER THE COMPANIES ACT 1956 IN INDIA AND THEIR REGISTERED OFFICE IS AT 154, ELDAMS ROAD, TEYNAMPET, CHHANNI- 600018 AND HEAD OFFICE IS AT ‘DIVYAA’ 8A, MURRAYS GATE ROAD, ALWARPET, CHHANNIE- 600018 .WE HAD NOT STILL RECEIVED INTERIM RETURNS OF COMPANY OF 6TH AND 12 YEAR WHICH DUE TO US. THE COST OF THE TWO TREES WAS PAID AMOUNTING TO RS. 2950/- ON 31.03.1994. IT IS HUGE LOSS TO MIDDLE CLASS FAMILY AND CHEATED BY THE COMPANY. WE ARE RESIDING IN KARNATAKA ADDRESS.

VEENA JOSHI W/O VIJAYKUMAR JOSHI
# 1531, SECTOR NO.8, ANJANEY NAGAR, BELGAUM - 590 016, KARNATAKA.
MOBILE NO. [protected] LAND LINE[protected]

HOPING OF YOUR KIND RESPONSE SOON TO THE ABOVE MENTIONED ADDRESS MOBILE NUMBER AND THROUGH POSTAL CORRESPONDENCE.

Lot many middle class people have suffered. I earnestly request to initiate speedy steps to cover the problems of numerous people.

can i know any branches in andhrapradesh? please inform us how to contact to get full information?

Pl inform me the Contact numbers for the person concern who could guide me to recover my hard earn money from this company.
Regards
Chandru mohinani
pune
cell no -[protected]
[protected]@hotmail.com

To,

Sterling Tree Magnum (India) Limited
Registered Office : 154, Eldams Road,
Teynampet, Chennai – 600018.

Reference : Application No. G-j517378 Certificate No. k2747 issued in the name of Bikram kumar Barik, Vill-Kandia, A/p-Kandiahat, Via-Singhpur, Dist-Kendrapara, ORISSA, for the No. of 15 (OneTeak trees Value Rs. 1775.00 ( Rs. One Thousand Seven Hundred seventy fiveOnly).

Date of Joining: 23/0581995, Date of Maturity: 22/08/2015

>
> Best Regards,
> GoutamMb-[protected]

Sterling Tree is doing economic offences against its investors. Luckily I got my 40 tree investment from the company through an advocate Mr. Gopalakrishnan within 1 month. I recommended 38 of my contacts and all of them (some of them thanked me very much) got their money back from the company through MY reference.
Shyam Sundar
[protected]@gmail.com

April 23, 2011

To,
Sterling Tree Magnum (India) Limited
Registered Office : 154, Eldams Road,
Teynampet, Chennai – 600018.

Reference : Application No. G-169647 Certificate No. B3859 issued in the name of Deepak Jain, No. 503, 11-A, Siddharth Nagar, Western Express Highway, Borivali (E), Mumbai-400093, for the No. of 15 (Fifteen Teak trees Value Rs. 22, 125.00 ( Rs. Twenty Two Thousand One Hundred & Twenty Five Only).

Date of Joining: 20/05/1995, Date of Maturity: 19/05/2015

Dear Sir,

This is to inform you that I had invested Rs. 22, 125.00 against the cost of 15 ( Fifteen ) Teak trees planted at Bandhgaon Plantation in Koraput Registration District, Koraput District

As per the Extended Instalment Plan Teakquity Certificate given by you the first Interim returns Rs. 18375/- due on after end of Six Years and Second Interim returns Rs. 82, 500/-due after end of 12th Years & after maturity value end of 20th year Rs. 10, 80, 000/-

I am very sorry to inform you that we could not get the first & second interim returns / payment. Please confirm the Interim returns / payment details if you had sent on the due dates, otherwise arrange to send me the First & Second interim returns / payment immediately.

Your early action is highly appreciated.

Yours Faithfully,

Deepak Jain
No. 503, 11-A, Siddharth Nagar,
Western Express Highway,
Borivali (E), Mumbai-400093
M.No. [protected], [protected]

C.C : 1) Head Office : 5, Murray’s Gate Road, Alwarpet, Chennai, 600018.
2) STM Management Services ltd., Guna Buildings, II Floor, Annex II, 304/305
Anna Salai, Teynampet, Chennai – 600018.
3) “Divyaa” 8 A, Murray’s Gate Road, Alwarpet, Chennai, 600018

teak tree certificate No:T-19044
teak tree certificate serial No:S-019611
feg.Mr.Dwarapudi Nageswara rao
date of jioning in the scheme:[protected]
teak tree planted at south karukurichi village
cheran mahadevei sub-division.ambasamudram-Taluk,
tirunveli.

with reference to the above.I would like to inform you that as i have transferredfrom rajamundry to visakhapatnam, andhra pradesh.
as present address given below :
(dwarapudi)D. Nageswara rao,
H.No:1-43-24, B-6,
adarsh nagar,
peda waltair,
visakhapatnam-530017,
andhra pradesh,
india.
phone no : [protected], [protected].
(email id:[protected]@gmail.com)
please send me yearly progess report and calender to the above address immediately.
kindly inform me in detail the growth and present rate of our teak tree at the earlist.

thank you
yours faithfully
(D.Nageswara rao)

M/s Sterling tree Magnum (India) Ltd.
Incorporated under the Companies Act 1956
Registered Office: 154, Eldams Road, Teynampet, Madras 600 018 (Now Tamil Nadu)

sir,

with reference to my Teak Tree Certificate no. T40325 and payment receipt no 12246 dated[protected], I submit that I have paid an amount of Rs.950/-(concession of Rs.25/- given to me) towards Teak Tree (1) plantation and due for getting back the grown up tree after 20 years which is due in February '13. This tree has been planted at the following address as per the certificate:

South Veeravanallur Village, North Veeravanallur sub-division, Ambasamudram Taluk, Tirunelveli, in the lands to an extent of 16.97 acres bearing Survey nos. 809/1, 810/1, 813/2, 814/3, 817/1.

I have been intimated around 8 years back that the tree planted against my certificate is growing well and a photograph of the trees planted has been sent to my address. I also state that the Date of expiry of the scheme is due on[protected].

I would like to know how the grown up teak tree/payment for the teak tree will be issued to me.

I tried to contact the addresses mentioned in the certificate by post, but neither reply nor any intimation regarding this had been served to me.

In fact no communication (except the communication by post approximately 8 years back that my tree is growing well) had come to me in this regard so far.

I request you (in case if M/s Sterling Resorts see this message) to kindly intimate me by mail to my email id: [protected]@gmail.com or dial [protected] regarding the issue of payment or the tree.

I request all the viewers to follow up and share our feelings and try to get the amount due to us.

Regards,

Madan

03 Jan 2016
To,

Sterling Tree Magnum (India) Limited
Registered Office : New No 2, Vishwanaathapuram, 1st Street
Rangarajapuram, Kodambakkam,
Chennai - 600 024

Reference : Application No. C 144497 and G 0008103 Certificate No. Q6711 and Q5487 issued in the name of Vijay G Mehra, 103 1st Floor Shaheed Bhagat Singh Colony J. B. Nagar Andheri [East] Mumbai 400 059 for the No. of 11 (Eleven Teak trees Value Rs. 20000/- ( Rs. Twenty Thousand Only).

Date of Joining [for both applications]: 29/07/1997, Date of Maturity: 28/07/2017

Dear Sir,

This is to inform you that I had invested Rs. 20000.00 and Rs 23500/- against the cost of 11 (Eleven ) Teak trees planted at SUKTARA PLANTATION in Seoni Sub-Registration District Seoni District Madhya Pradesh State.


I am very sorry to inform you that we could not get the first & second interim returns / payment. Please confirm the Interim returns / payment details if you had sent on the due dates, otherwise arrange to send me the First & Second interim returns / payment immediately.

Your early action is highly appreciated.

Yours Faithfully,
Vijay Mehra
303 Frangipani CHS, Nahar Amrit Shakti Sector - 2
Chandivali Near Powai,
Mumbai 400 072
Mob: [protected]
e-mail: [protected]@hotmail.com