I am Yogesh.M. Pai residing in Mumbai. My Father had invested some amount 15 years back in teak wood plantation scheme operated by Golden Plantation Trees Limited based in Ahmededabad. We were alloted share certificate for the same. The cost of one unit was Rs 500 and we were assured an amount of Rs 85,000/- after the completion of 15 years which got matured in Mar 2010. After speaking to officer of Golden Plantation Trees Ltd, we were told that Govt of Gujarat has directed not to cut the trees and so therefore we have to sign the letter of extention for another 3 years.

Kindly let me know, what should be done in this case.

Thanks

Yogesh M Pai.
Mumbai