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Thread: Regarding fraud by Sterling Tree Magnum India Ltd

  1. #1
    shashisahu is offline Junior Member
    Join Date
    Nov 2009
    Posts
    1

    Default Regarding fraud by Sterling Tree Magnum India Ltd

    invested 2550 Rupees in sterling Tree Magnum 20 years back. Till now i haven't recieved any returns. What should i do to get my returns?
    The company's address is as below:

    Sterling Tree Magnum (India) Ltd.
    Old No. 21, New No.2,
    1st. Street,
    Viswanathapuram,
    Rangarajapuram,
    Chennai-600024.

    Regards,
    Shashikant Sahu
    Madhya Pradesh
    9329833048(M)
    [email]shashikant.sahu@gmail.com

  2. #2
    sjalal19 is offline Junior Member
    Join Date
    Dec 2009
    Posts
    2

    Default Kindly help with issue related to Sterling Tree Magnum

    Hi

    I invested Rs. 54405/- for 27 teak trees under number D345077 dated 22-08-1995 in the name of Sterling Tree Magnum (India Ltd) and received a certificate as owner of teak trees under certificate number G3441 on 28-01-1997. It was expected to receive interm returns in the year 2001 to 2007 and so on till maturity date of 21-08-2015. I havent heard anything from the company so far. I tried to contact at various locations but all in vain.
    Kindly help.

    Regards
    Jalaluddin Sofi
    Srinagar Kashmir
    sjalal19@gmail.com

  3. #3
    Unregistered Guest

    Default Not able to contact STM

    I have invested in STM my certificate number is IBNOU 930227 2T ERT. I tried contacting STM for my returns it all went in vien could not reach them. Kindly let us know any kind of source to contact them.

    Regards
    Sairunnisa
    contact number: 9341590318

  4. #4
    kdchougule is offline Junior Member
    Join Date
    Mar 2010
    Posts
    1

    Question Non receipt of Interium Returns

    I have Invested in STERLING TREEE MAGNUM (INDIA) LTD. Rs.5325 via certificate No.K40681 and I18467. The first Interium returns was due on 22.03.2002 but till date there is no Returns nor their is communication received from company. All the contacts are absconding.


    Regards
    K.D.Chougule
    Maharashtra
    kdchougule@gmail.com

  5. #5
    Mukesh Dayakisan Gupta Guest

    Default Refund of money

    I have invested Rs.5325.00 I not getting any updates on these ,so please let me know what is the status?

    Following are the details:-

    1. Easy Retirement Teak Quity
    Application No :- R38466
    Dayakisan Mairam gupta
    Certificate :- I 9563
    Purchase value Each Tree :- 1775.00
    No of Trees owned :- 2


    2. Future Assurance TeakQuity
    Application No :-R38468
    Dayakisan Mairam Gupta
    Certificate :- K 20746
    Purchase value Each Tree :- 1775.00
    No of Trees owned :- 1



    Thanks & Regards
    Mukesh Gupta
    mukesh.1091@gmail.com
    09822734631

  6. #6
    Unregistered Guest

    Default No intrem returns and present status of investment

    i manjit singh virk invested in two teak trees in

    Sterling tree magnum (india) ltd
    Registered office 154, Eldams Road
    Teynampet madras-600018

    in 1993, and till date there is no intimation by the company.

    i tried sending letter to the office but all went in vain

    if anybody have any address or any contact no of the copmany please let me know

    my ph no is 09815003817
    email- gcet_sandy@yahoo.co.in

  7. #7
    erashokdas is offline Junior Member
    Join Date
    Jun 2010
    Posts
    1

    Default

    I have invested Rs.20000/- Vide Certificate No. Q 3175 for 11 nos. of trees in Sterling Tree Magnum. After collecting Crores of rupees from Orissa, the company fled away and even not replying keeping me in high mental agony. All sorts of attempts to the company went in vein.Anybody can help me in this regard to get back my money.
    A.K.Das (Cell-9437014482)

  8. #8
    Alchemistjk is offline Junior Member
    Join Date
    Jul 2010
    Posts
    1

    Default Fraud plantation companies

    Dear friends

    please go throu www dot sebi dot gov dot in /cis/notice1 dot html of fraud plantation companies.
    I have also invested in Sterling treemagnum in 1995, and still waiting for response from the company


    Jitendra
    224-A/ 332, Insaf nagar, Lucknow, UP, 09334851224, 9335015647

  9. #9
    deepak karekar Guest

    Post Refund of money

    Kindly help with issue related to Sterling Tree Magnum

    Hi

    I invested Rs. 5250/- for 27 teak trees under number J 505895 dated 30-09-1995 in the name of Sterling Tree Magnum (India Ltd) and received a certificate as owner of teak trees under certificate number 1388 on 30-07-2010. It was expected to receive interm returns in the year 2006 to 2011 and so on till maturity date of 21-08-2010 I havent heard anything from the company so far. I tried to contact at various locations but all in vain.
    Kindly help.

    Regards
    deepak karekar
    navi mumbai
    deepak.karekar@indiatimes.com
    mobile-8097736477

  10. #10
    Unregistered Guest

    Thumbs down Don't believe this kind of fraud company

    In 1992, i have invested Rs.1000. at that time Rs.1000 is my one month salary............ he made us believe in their company by creating eagerness to join it and have sucked our true hard work......... still now there is no response from that company........ not even a single letter after our investment............

  11. #11
    bhavyajain_19 Guest

    Default non receiptance of our invested funds

    i have invested Rs.22125 for 15 teak trees under application number G 165577 dated 31/12/1994 in the name of Sterling Tree Magnum (India Ltd) and received a certificate as owner of teak trees under certificate number B1937 on 20/09/1995.. It was expected to receive interm returns of rs 18375 in the year 2000 and return of rs 82500 in the year 2006 and so on till maturity date of 30/12/2014 ..I havent heard anything from the company so far. I tried to contact at various locations but all in vain.
    Kindly help as i badly need my funds back...



    regards
    Bhavya jain
    jain villa no 3314/78
    shakti vihar haibowal kalan
    ludhiana...141001..
    phone numbers
    9646760034
    9815087651
    0161-2173992
    email id....bhavyajain_19@rediffmail.com

  12. #12
    bhavyajain_19 is offline Junior Member
    Join Date
    Aug 2010
    Posts
    2

    Default

    I invested Rs. 22125/- for 15 teak trees under number G 165577 dated 31/12/1994 in the name of Sterling Tree Magnum (India Ltd) and received a certificate as owner of teak trees under certificate number B 1937 on 20/09/1995. It was expected to receive interm returns of Rs 18375 in the year 2000 and returns of Rs 82500 in the year 2006. and so on till maturity date of 31-12-2014. I havent heard anything from the company so far. I tried to contact at various locations but all in vain.
    Kindly help.

    regards
    Bhavya jain
    jain villa no..3314/78
    shakti vihar
    haibowal kalan
    ludhiana 141001.....
    mobile no..s...
    09646760034
    09815087651..
    email....bhavyajain_19@rediffmail.com

  13. #13
    bhavyajain_19 is offline Junior Member
    Join Date
    Aug 2010
    Posts
    2

    Default

    I invested Rs. 22125/- for 15 teak trees under number G 165577 dated 31/12/1994 in the name of Sterling Tree Magnum (India Ltd) and received a certificate as owner of teak trees under certificate number B 1937 on 20/09/1995. It was expected to receive interm returns of Rs 18375 in the year 2000 and returns of Rs 82500 in the year 2006. and so on till maturity date of 31-12-2014. I havent heard anything from the company so far. I tried to contact at various locations but all in vain. All sorts of attempts to the company went in vein.Anybody can help me in this regard to get back my money.

    Kindly help.

    regards
    Bhavya jain
    jain villa no..3314/78
    shakti vihar
    haibowal kalan
    ludhiana 141001.....
    mobile no..s...
    09646760034
    09815087651..
    email....bhavyajain_19@rediffmail.com[/QUOTE]

  14. #14
    SUSHIL KUMAR TYAGI Guest

    Default Regarding frud by Sterling Tree Magnum India Ltd

    Sir,

    I have invested Rs.15975/ to purchase the teak tree ( 9 nos ) but till date no refund has been made as mentioned in the certificate.

    No company address is available so that I can sent letter to company. My certificate detail is given below:

    Name of owner: SUSHIL KUMAR TYAGI

    Application no: D 323714 Certificate no : I -1199 dated 07/08/1995

    No of Teak Tree purchased : 9 nos

    As per High Court Madras order dated 29/02/2008 ,the company is not returning the money to the investors.

    Please help me, what should I do now.

    Regards
    SUSHIL KUMAR TYAGI
    Mobile no : 09812473994

    E-mail: sktyagi57@yahoo.co.in

    Delhi

  15. #15
    Unregistered Guest

    Default Non receipt of payment

    I have deposited rs. 3550/= on 22.02.1996. After sending lot of reminders i havnt recd. My money back . Please help.

    Yash goel c/0 bharat bartan bhandar
    no.113, main bazar, patpar ganj, delhi =110091


    Quote Originally Posted by shashisahu View Post
    invested 2550 rupees in sterling tree magnum 20 years back. Till now i haven't recieved any returns. What should i do to get my returns?
    The company's address is as below:

    Sterling tree magnum (india) ltd.
    Old no. 21, new no.2,
    1st. Street,
    viswanathapuram,
    rangarajapuram,
    chennai-600024.

    Regards,
    shashikant sahu
    madhya pradesh
    9329833048(m)
    [email]shashikant.sahu@gmail.com

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