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I have purchased teak trees about 15 years back.
Recently, i tried to contact the company on phone but no any gave us positive reply or even a reply to any of our correspondence.
Please help us get in touch with the right people for the same as all my investments are held with them.
The complaint has been investigated and resolved to the customer’s satisfaction.
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I have invested RS.975/- for one week tree in Dec 1993 and have been matured in Dec 2013. I tried and visited their office at kodamvakkam in 2011 and got the contact number. Thereafter tried several times, but could not speak to their staff. I got intimation that the case is under consideration of Hon Madras high court. since then, there is no information. Contact number provided was [protected] but of no avail. My mobile number is [protected] any one having any information May kindly share with me as I am posted at remote location in Andaman and Nico bar islands
DK
MY father invested rs 975/- towards sterling tree magnum in march 1993. and date of maturity of scheme in 11/03/2013. till now there is no information about it. i dont know what to do. please if any one gets any information about this tree magnum please inform to me. my phone no is +[protected]. now i am in andhrapradesh
Guys,
FYI
Pottipuram & Rasingapuram sterling magnum plantation land was sold few years before. Currently this land was transferred three four hands.
So don't spend your times wastly.
Or do legal action as soon as possible with group not an single man bcoz the money value is huge.
Guys,
FYI
Pottipuram & Rasingapuram(Theni district, tamilnadu) sterling magnum plantation land was sold few years before. Currently this land was transferred three four hands.
So don't spend your times wastly.
Or do legal action as soon as possible with group not an single man bcoz the money value is huge.
Aishwarya Pattnaik.
I have invested an amount of Rs1775/-in shape of an a/c payee chq no 683517 dated 22.6 .96 of SBI vide application no. R-115815 dated 22.06 96.But as on date I am not getting the whereabouts of the company. I can speculate how many investors must have been suffering for this. Let everybody be united to take a drastic step against this company.
7th August, 2018
To,
Sterling tree magnum (india) limited
Registered office : "Divya 8A, Murrays Gate Road,
Alwarpet, Chennai – 600018.
Reference : application no. J-523968 certificate no. K 6709 issued in the name of Rajesh M. Pathak, B-306 Anand Nagar, Forjett Street, Mumbai 400036 for the no. of 1 (one Teak Tree Rs. 1, 775.00 (Rs. One Thousand Seven Hundred and Seventy Five).
Reference : application no. J-523967 certificate no. K 6737 issued in the name of Sushila R. Pathak, B-306 Anand Nagar, Forjett Street, Mumbai 400036 for the no. of 1 (one Teak Tree Rs. 1, 775.00 (Rs. One Thousand Seven Hundred and Seventy Five).
Date of joining: 30/10/1995, date of maturity: 29/10/2015 (for both)
Dear sir,
I had purchased 1 tree under STM and No interim dividend has been paid to me till yet.
Complete details are mentioned above.
Kindly revert on the status and future course of action.
Regards
Sushilaa Pathak
[protected]
17th September, 2018
To,
Sterling tree magnum (india) limited
Registered office : "Divya 8A, Murrays Gate Road,
Alwarpet, Chennai – 600018.
Reference : application no. R-45578 certificate no. K 39154 issued in the name of Mohit Chandrakant Gulati for the no. of 1 (one Teak Tree Rs. 1, 775.00 (Rs. One Thousand Seven Hundred and Seventy Five).
Reference : application no. R-45579 certificate no. K 39153 issued in the name of Hiten Chandrakant Gulati for the no. of 1 (one Teak Tree Rs. 1, 775.00 (Rs. One Thousand Seven Hundred and Seventy Five).
Date of joining: 23/01/1996, date of maturity: 23/01/2016 (for both)
Dear sir,
I had purchased 1 tree under STM and No interim dividend has been paid to me till yet.
Complete details are mentioned above.
Kindly revert on the status and future course of action.
Regards
Amita Gulati
[protected]
Hi All,
I was searching to buy agricultural land near by Udumalpet areas. During these period, I was contacted by one the STM company Director in June 2018 to buy an agricultural land in Dhali village. We gave him the advance of 6 lakhs rupees (my savings of last few years) because of the trust my father-in-law had on a friend, who is also a close friend of the Director.
The company officials took my father-in-law also to their company to verify all the documents of the lands. After we came to know that the land is from STM and there are many cases against them, we stopped our process and still fighting to get our advance money back from them. My father-in-law's friend also a partner of this scam. I have the photocopy of all the proofs that the Director sent and contact details. Please reach out to me (sarwanz@yahoo.co.in) if anyone need the details.
Hi. I have invested 30, 000/- thirty thousand on 20 teak tree on March 09 1995 which matured on March 08 2015. They have also sent title deed copy of some cents of land. I have tried contacting them but no information avaialable. Please help us to get back our investments and returns.
My contact Shaikh.hasan@gmail.com
Thank you
I purchased total 15 teak tree in 30/04/1995 in My name Certificate no B7153 application no G 155136 investment value per teak tree was rs.1475/= Total amount invested Rs 22, 125/= The first interim returns was on 29/03/2001 and 28/03/2013 and date of maturity is in may 2021. The address was mentioned in the certificate but no communication or message on proceeds received from the company.
We would be grateful if any can inform us what is the present status of the case. I found many associations are formed to fight the case but nobody knows what is the present status. If any body know about the company please let me know how we should proceed further in my email. Thanks
Vinod Rai.
vinodrai53@gmail.com
I Have a certificate No. Q6742 for 11 trees
On 13 May 2008, Mr. Vasanthakumar emailed me from Sterling treemagnum that "as you have invested in 11 trees, the repayment will commence from the 37th month from the date of the Court Order and complete before the end of 60th month."
This is the last correspondence with them.
Abraham
Will you kindly me the email id of Mr Vasanthakumar and copy of court order if any at hai_abbas@yahoo.com
STERLING TREE-MAGNUM (INDIA) LIMITED
Sterling Tree-magnum (india) Limited is a Non-govt company, incorporated on 07 Jan, 1992. It's a public unlisted company and is classified as 'company limited by shares'.
Company's authorized capital stands at Rs 1500.0 lakhs and has 60.161865% paid-up capital which is Rs 902.43 lakhs. Sterling Tree-magnum (india) Limited last annual general meet (AGM) happened on 28 Sep, 2012. The company last updated its financials on 31 Mar, 2012 as per Ministry of Corporate Affairs (MCA).
Sterling Tree-magnum (india) Limited is majorly in Agriculture and Allied Activities business from last 27 years and currently, company operations are active. Current board members & directors are RAJESWARA RAO HANUMANTHU, RATHINAM SUBRAMANIAN and MOHANRAJ SUNDARAM .
Company is registered in Chennai (Tamil Nadu) Registrar Office. Sterling Tree-magnum (india) Limited registered address is OLD NO.21, NEW NO.2, 1ST STREET VISWANATHAPURAM, RANGARAJAPURAM, KODAMBAKKAM CHENNAI Chennai TN 600024 IN.
Sterling Tree-Magnum (India) Limited Details
CIN U01119TN1992PLC021975
Date of Incorporation 07 Jan, 1992
Status Active
Company Category Company limited by Shares
Company Sub-category Non-govt company
Company Class Public
Business Activity Agriculture and Allied Activities
Authorized Capital 1500.0 lakhs
Paid-up Capital 902.43 lakhs
Paid-up Capital % 60.161865
Registrar Office City Chennai
Registered State Tamil Nadu
Registration Number 21975
Registration Date 07 Jan, 1992
Listing Status Unlisted
AGM last held on 28 Sep, 2012
Balance Sheet last updated on 31 Mar, 2012
I had invested in the sterling tree magnum (india) ltd. Please help me know the status of the case and my address has been changed.How am i supposed to inform.Please help me in this regard.
I invested also 1000 rupees or 4000 rupees I think for 4 trees in 1995. After that don't know what happened, I just have the pamplet when they sent me during the recession time. Not sure I still have the bill for the money I paid. Any ideas guys?
Is there any update on this matter?
I have invested in Sterling Tree Magnum more than 25 years back and maturity date is 2019. Any update on this?
Anyone who has benefited from the legal route?
I bought 11 trees in 1996 vide application number C114851. Not getting any update for my correspondence. Can someone help me here on how to recover the money?
I bought 11 trees in 1996 vide application number C114851. Not getting any update for my correspondence. Can someone help me here on how to recover the money or know what the status is.
My email address: shyam.deals2020@gmail.com
I had purchased 2 Tree in the name of my daughter in the year 1994 from STM My certificate number is D1382 and Application number is G109299 and Maturity date is Sept.2014, Many correspondence for refunded amount, No response nor any amount recd. from STM can you guide me what should I do against STM for refunded amount.
Jawahar Lal Mehta
[protected]
I purchased 45 trees in1995 there is no solution of payment till now
I, Asim Kumar Chakraborty, bought 11 no.s' of Teak trees on 24/03/1997. Application no. C147300 and Certificate no. Q2482. Date of maturity was 23/03/2017. But, 4 years passed and I didn't receive any amount till date. My present address is-
2/4, Kiranalay apt., 16/7 I. C. Road, Rahara,
Kolkata-700 118.
Since I didn't get any response from STM, I would request to give me any information in my mail Id-
asichak29@gmail.com
First Interim returns to be paid by 22/09/2003
Second Interim returns to be paid by 22/09/2009
as mentioned in the certificate.
Did you get the amount becuase me too invested 5 tress in 1992.. But there is no contact details to contact.. So help me if you get any details.