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Complaint against Sterlling Tree Magnum (India) LTd

This is a discussion on Complaint against Sterlling Tree Magnum (India) LTd within the Other Product and Services forums, part of the Product And Services category; Hare Krishna, I have purchased one Teak Tree from Sterling Tree Magnum Ltd on 26/05/1996 Certificate No K 26414,till now ...

  1. #1
    ravi_shankar is offline Junior Member
    Join Date
    Jul 2012
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    2

    Question Complaint against Sterlling Tree Magnum (India) LTd

    Hare Krishna,

    I have purchased one Teak Tree from Sterling Tree Magnum Ltd on 26/05/1996 Certificate No K 26414,till now I have not got the first instalment and Second Instalment and the maturity date is 26/05/2016.

    I am not able to contact them.

    Please help me regarding this matter.


    Regards,

    Ravi Shankar S
    No.156/2AC,Sri ganga Nilaya,2nd Cross,
    Hulimavu,Bannerghatta Road,
    Bangalore - 560 076

    Mobile No. 9886687857

  2. #2
    ravi_shankar is offline Junior Member
    Join Date
    Jul 2012
    Posts
    2

    Default

    Hare Krishna,

    I have purchased one Teak Tree from Sterling Tree Magnum Ltd on 26/05/1996 Certificate No K 26414,till now I have not got the first instalment and Second Instalment and the maturity date is 26/05/2016.

    I am not able to contact them.

    Please help me regarding this matter.


    Regards,

    Ravi Shankar S
    No.156/2AC,Sri ganga Nilaya,2nd Cross,
    Hulimavu,Bannerghatta Road,
    Bangalore - 560 076

    Mobile No. 9886687857

  3. #3
    Naresh Katoch is offline Junior Member
    Join Date
    Sep 2012
    Posts
    1

    Default

    Hello,
    I have purchased 5 trees from Sterling Tree Magnum India Ltd. under their Plan G vide certificate no. R461 dated of joining was 7/10/1993. At that time I have put in my hard earned Rs. 6720. Their assurance was that I will get Rs. 4000/- on 6th Year 18000/- on 12th year and 3,10000/- opn 20th year. However, till date I have not heard any thing from them. If there is any forum, we can join to fight our case, Please let me know.
    Regards
    Naresh Katoch
    394 Seemant Vihar,
    Kaushambi,
    Dist. Ghaziabad, UP. 201010

  4. #4
    Unregistered Guest

    Default Investment in Trees : Non-receipt of ANY RETURNS till date

    Dear Sir,

    I ahve invested in Sterling Tree Magnum(India) Ltd as under :

    a) Application No : J 506294. Certificate No: K 58. No.of Tree purchased : One. Amount paid: Rs 1775.
    Date of Joining: 17.6.1995. Date of Maturity:16.6.2015.

    b) Application No : P 573394. Certificate No: J 29875. No.of Tree purchased : One. Amount paid: Rs 1825.
    Date of Joining: 28.4.1997. Date of Maturity:27.4.2017.

    c) Application No : D 0022376. Certificate No: J 29874. No.of Tree purchased : One. Amount paid: Rs 1825.
    Date of Joining: 28.4.1997. Date of Maturity:27.4.2017.

    Till date, I have not received any Returns from the Company. I am not able to contact with Company.

    Any assistance from your side in recovering my investment shall be highly appreciated.

    Regards,
    Manish Shantilal Ajmera
    Address : 10th Gomti Bhuvan, Behind Dev Darshan Hsg Soc, 5th Kasturba Road, Borivali(East), Mumbai - 400 066
    Cell : 09820566289

  5. #5
    Jaipal Singh rawat Guest

    Default non receipt of returns

    I the above mentioned individual had purchase two Teak trees vide application No T 8131 And Certificate no E 137 dt 16 Sep 1993. As per the norms of the company the return was due in the 6th & 12 years. Inspite of repeated request and reminders on the subject the company has not taken any action and forwarded the returns till date.
    Again you are requested to forward the returns at the earliest.
    Thanking You
    Yours Truly

  6. #6
    K.S.Narayanan kutty Guest

    Default Fraud by sterling Tree Magnum (India) Ltd

    Dear Sir/ Madam,

    I had invested Rs.975/- for one teak tree under Number T24926 Application No.628689 dated 26-10-1992 and due date 25-10-1992. i haven't heard anything from the company so far. Kindly help me.


    Regards

    K.S.Narayankutty
    Poornatharasam
    Kooniyathparambu,
    Eroor south
    Thripunithura

  7. #7
    Unregistered Guest

    Default Sterling tree magnum (India)ltd

    Dear Hare Krishna,



    I have purchased Teak Tree 2 Nos from Sterling Tree Magnum Ltd on 22/12/1993 on installments , i recd the certificated dated 26/05/1996 Certificate No T 64397 ,till now I have not got the first installment and Second Installment and the maturity date is 21/12/2013

    Agian I have purchased Teak Tree 2 more Nos from Sterling Tree Magnum Ltd on 8/11/1994 on instalments , i recd the ceryificated dated 22/08/1995 Certificate No G 124286,till now I have not got the first instalment and Second Instalment and the maturity date is 7/11/2014

    GVLNMURTHY
    P NO 14A
    SBH COLONY 2
    LB NAGAR
    HYDERABAD-500074
    MOBILE -9052222164
    GVLN MURTHY likes this.

  8. #8
    GVLN MURTHY is offline Junior Member
    Join Date
    Oct 2012
    Posts
    1

    Default Sterlimg tree madnum fraud

    Dear

    I have Puchased sterling treemagnum on instalment
    1) 2 nos trees on 22/12/1993, i recd the certificate no # E4222 dtd
    26/05/1995 and Application no# T64397 , maturity date is 21/12/2013.
    As on today i have not received the interim returns.
    2)2 nos trees on 08/11/1994, i recd the certificate no # D 5059 dtd
    22/08/1995 and Application no# G 124286 , maturity date is 07/11/2014.
    As on today i have not received the interim returns.

    I am requesting you for your help to get the my returns back. This
    investment i made by keeping in mind that i am going to get the good
    amount at my 50years and useful for my children education.

    I unable to contact this Sterling tree magnum i worried since this
    maturity date is nearing.

    --
    GVLN Murthy
    PNo 14A SBH colony 2
    LB Nagar
    Hyderabad
    500074
    Mobile:+91 9963977744
    Phone:+91 40 24031012

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