[Resolved]  Sterling Tree Magnum (India) Ltd — Non receipt of return as per investment scheme

Address: Rajkot, Gujarat

I have inveted in Sterling Tree Magnum India Ltd in it's investment scheme named "teakquity" during 2003 through two application as per appllication details given below. As per scheme maturity scedule, two interim terun dates are already overdue but I got nothing from the company. There is no any communication from the company.

1. Application No. A111130, Certificate NO. P676 for 5 teak trees. First and second interim return were due on 31st Jan 2003 and 2009

2. Application No. P656411, Certificate NO. P5865 for 2 teak trees. First and second interim return were due on 25th Oct 2003 and 2009

Kindly help to sort out my grivences

Thanking You,
Jayantilal P Satashia
58, Kevalam Residency, Near Alap Century, Kalavad Road,
Rajkot 360005, Gujarat.
Phone: [protected]
Email: [protected]@yahoo.co.in
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Aug 14, 2020
Complaint marked as Resolved 
 
5 Comments

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STERLING TREE MAGNUM — Non receipt of Interim Return

Dear Sir,
I had paid a sum of Rs. 14550/- vide Application No: U27949 for 11 teak trees at Medungulan plantation. The certificate issued to me is L4922. Date of maturity is 20 May 2014. However interim returns during 6th year(in 2000) and 12th year (in 2006) amounting to Rs.8800/- and Rs.39600/- have not been received so far.

Hoping for a favourable response at tele No[protected] and 91-[protected] and at the following address and above mentioned e-mail ID:-
Col Ranadhir De(Retd)
328, DDA SFS Flats,
Pocket-1,Sector-22,
Dwarka, New Delhi-110077

Thanks and regards,
Col Ranadhir De(Retd)

STERLING TREE MAGNUM (INDIA)LTD, TEAKQUITY — NON RECEIPT OF INTERIM RETURNS

I HAVE BOUGHT ONE TEAKQUITY FOR RS 1825-00 ON[protected].PLANTATION WAS DONE ATKANAKANAMPADU IN PRAKASAM DT OF ANDHRA PRAESH.FIRST NTERIM RETURNS DUE ON[protected],AND 2ND WAS ON[protected],AND FINALLY GUARNTED TEAK TIMBER 1.06 CU.M.ON[protected].TILL DATE NOTHING.NO RESPONCE FROM CO .

sterling tree magnum ltd — non receipt of maturity

RESPECTED SIR,
I AM WRITING TO YOU ON BEHALF OF MY BROTHER MR. KRISHAN KUMAR. HE SENY YOU INFORMATION MEMORANDUM AFTER FILLING HIS OPTION BUT ,NO INFORMATION WAS GIVEN FROM YOURSIDE WHETHER YOU RECEIVED OR NOT., AND WHEN I WILL GET MY MONEY BACK. PLEASE LET ME INFORM REGARDING THIS ENQUIRY. I SHALL BE THANKFUL TO YOU.
KRISHAN KUMAR, H.NO: 465, MOHALLA BHARMPURI,NEAR CHODA KHUH, PHILLAUR.
(DISTRICT JALANDHAR

sterling tree magnum (india )Ltd — Non receipt of returns

I purchased two easy retirement teakquity certificates bearing Nos D9145 and D9146 on 18/11/21994 from the above company for Rs 7500.00. Till date I have not received any returns from the company. The company address is not known to me. Please help me in tracing the company as well as giving me my dues. Thanking you in anticipatiopn.My home address is 03-D, AMOL REGENCY,SAVEDI, AHMEDNAGAR, MAHARASHTRA.PIN414003.E-MAIL- [protected]@gmail.com.

Sterling Tree Magnum (India) — non-receipt of interim returns

I invested Rs. 7375/- for 05 teak trees vide application number G 116710 dated[protected] in the name of Sterling Tree Magnum (India) Ltd and received a certificate as owner of teak trees under certificate number D 3530. It was expected to receive interim returns in the year 2000 to 2006 and so on till maturity date of[protected]. I have not heard anything from the company so far. I tried to contact at various locations but all in vain.
Kindly help.

Regards
Sankalp Mohapatra
[protected]@yahoo.co.in
cell: [protected]

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