Sterling Tree Magnum
Reviews and Complaints

India is a wonderful country if you can work and earn your bread and more.

However, as there are over 85000 LLB students coming out with law degree, every one of them need job and our JUDICIARY will take any stupid case and take it up for 40-50 years. Here this is a clear case of cheating public and these advocates / lawyers support such frauds and the investors are being fooled in the past 35 years, our JUDICIARY is the worst in the world, and are corrupted system. will any one let me know what is the status of this case and investor can get any compensation or cost invested ? I am Devadas from Chennai, my contact number is [protected]

We had paid rs.5325 in 1995 for this company. Mr.Rajeev Mehta had collected money. Till date no communication, no money and shares. Please help us us recover money with interest.

We were staying in Delgi, Maya Enclave at that time and now we are in Gurgaon. Money was paid on 30.10.1995 and receiot no. Is 11638. Your area office was Janak Puri at that time. Money was paid by my husband mr.r.n.sangal. he is not well. I need money. Hence approaching

Poonam sangal

[protected]

I Sutantar Bir Singh Gill H.No 3240 Sector 35-D Chandigarh -160022 Invested in STM by investing in 5 teak trees

Application No G 101539

Certificate No D 10089

Date of joining 26/09/1994

Maturity date 25/09/2014

Attach certificate

Despite several reminders NO one has reverted on the said matter

Maturity value is Rs 3.60,000/- three lac sixty thousand.

I had purchased 34 Teak Tree worth rs.1275/- each on 5th Month Of 1993. The maturity dated was 5th Month Of 2013 but as per company, i have not received any midterm's return or heard anything from company. the brief detail is as under: Name of the owner: Babulal S Jain.

No. of teak trees: 34

Application No.
4204 -2 Trees
X4210-8 Trees
X4211 -8 Trees
X4212-9 Trees
10340-1 Trees
10452-1 Trees
10451 -1 Trees
4203 -2 Trees
4202 -2 Trees
My latest address is as under: BALAVANTRAJ S GANDHIMUTHA
1ST FLOOR HOUSE NUMBER 2.
SHANTI SADAN BUILDING,
WALVEKAR GALLI
HUBLI-580020
KARNATAKA
Mail ID :- [protected]@gmail.com

I Jawahar Lal Mehta , purchased of two teak tree from Sterling Tree Magnum India Limited in the year 1994 vide Application number is G107299 and Certificate number D1382 in the name of my daughter. The maturity dated was 2014 and maturity amount Rs.144000/- (One Lakh fourty four thousand only) Many correspondence , many email, many complaints to STM but no reply , no response nor any cue . I am in very need of money urgently . Please send my maturity amount with upto date interest as soon as possible.

Thanking you.

Yours sincerely ,

Jawahar Lal Mehta

A-112, Nand Ram Park,

Uttam Nagar,

New Delhi-110059 Mobile number [protected]

Mobil

I hold a Easy Retirement Teakquity Certificate No. D13157 for 5 Teak trees, issued on [protected]. My Application No. is 150059 and the maturity date is [protected]. The maturity amount as on [protected] is Rs. 3,60,000/-

I hold another Easy Retirement Teakquity Certificate No. P5248 for 2 Teak trees, issued on [protected]. My Application No. is P524845 and the first interim returns were due on is [protected] and the second interim returns were due on 11-05-2009. The date of maturity is 11-05-2017.

Till date I have not heard anything from the company about the returns due to me for these two certificates. The company did not bother to pay the promised returns even well after maturity date - 2015 for one certificate and 2017 for another certificate.

The registered letters (No. EN454333435IN, sent on 28-12-2021) sent to the Company address were also returned as the addressee is not at that address.

Request you to kindly send me the amounts due to these two certificates.

Thanking you

V. Sreenivas

Sir,
I hold a Easy Retirement Teakquity Certificate No. D13157 for 5 Teak trees, issued on 5-03-1995. My Application No. is 150059 and the maturity date is 4-03-2015. The maturity amount as on 4-03-2015 is Rs. 3, 60, 000/-

I hold another Easy Retirement Teakquity Certificate No. P5248 for 2 Teak trees, issued on 12-5-1997. My Application No. is P524845 and the first interim returns were due on is 11-5-2003 and the second interim returns were due on 11-05-200. The date of maturity is 11-05-2017.

Till date I have not heard anything from the company about the returns due to me for these two certificates.

Request you to kindly guide and help me.

VISHNUBHATLA SREENIVAS
Flat No. 41003, Olive Block,
Indu Fortune Fields Gardenia
Kukatpally Phase-13
Hyderabad 500085

Email: [protected]@gmail.com

As I purchased two teak tree worth rs.1825 on[protected] & its maturity
Date is[protected] & assured mid term payments on[protected] &
Second was on[protected]. However it was not fullfilled by the company.

Plzzzzz tell me the criteria of getting all my money back with full interest & benifits.

Our application no doo73996 and d010603 two tree only
Certificate no k j20889 and j11173

I have purchased 3 Teak Tree with application number R 41564, R 41568, R 360307 long year back which maturity date is already over but yet to company settled the payment as agreed on paper.

Looking forward to supporting this. Please

Mob. [protected]

I am from Delhi, we have bought 42 trees of sterling megum (India) Ltd. There is no response till date from the company side. We are contacting them long. Sterling holidays is sister concern but no response from them. We have all thr required documents, no dividend have been shared with us or anything paid. Our investment money is not given or any land in our name. Pay us our hard earned Money or we still trying for legal proceeding.
Pl contact us- [protected], [protected]
[protected]@gmail.com

Hello STM Investors,

I have got your E-mail address from Consumer Forum website and have come to know that you invested in Sterling Tree Magnum and are expecting the maturity amount to be paid back to you.

I am also an investor just like you and founded an 'Association of STM Investors' to collect all investors on a single page. You can join us via our WhatsApp group, Facebook page and Twitter handle whose links are mentioned below. Kindly call/ SMS/ WhatsApp me over my number ([protected]) in case of issue.

We are also collecting data from investors which can be used to fight against the company. Kindly find attached the Excel sheet. Please fill in your details and send the same to me. I will update your data in our records. The same sheet is also available on Google drive (link mentioned below) for download.

Kindly also send us the scanned copies of all the documents you have related to STM.

Our Links:

WhatsApp group: https://chat.whatsapp.com/Du7pktLfeXaI8TrV5er45R

Facebook Page: https://www.facebook.com/SterlingTreeMagnum/

Twitter handle: https://twitter.com/SterlingTreeMag

Google Drive: https://drive.google.com/file/d/1wyWmthBRUSfJKeC23sisq0V47g-KVjrA/view

We will fight together to get our money back.

Thanks & Regards,

Mitul Kansal,

On behalf of Association of Sterling Tree Magnum(STM) Investors

E-mail: [protected]@gmail.com

Mobile: +91-[protected] (NINE SIX EIGHT SIX ONE THREE TWO ONE SEVEN FIVE)

Purchased vide application no W5096 DT 25/8/1994 5 teak trees each @ Rs.1475. Maturity was on 28/4/2014. Have not received the amount. There is no way to contact them. How do I get the maturity amount. Is there a court case against the company. How do I get in touch with them. If there is a court case against them how does my investment get represented

No land, no trees, no interm returns
I had invested rs. 1, 32, 750 (rs. One lakh thirty two thousand and seven hundred fifty), out of selling my all wedding jwellery into 'sterling magnum tree' project, for bright futre, vide application no. L 2016 on 30/06/1994. I was given a certificate no. A330 on 24/01/1995 for 90 trees @ rs.1475/-each together with 1/4 acre of land at sangan valsa village, parvathipuram mandalam, parvathipuram.
I am a senior citizen now. I hope and pray for returns from the land and the trees.
Neeru mehta
[protected]@hotmail.com. Contac nos.[protected], 022-[protected].

Sir we invested in STERLING TREE MAGNUM LTD (STM)-CHENNA, ie STM Teakquity and Easy Retirement TeakQuity on 28/6/95 with maturity on 27/06/2015.
Till date we have not received single rupee from STM and they are no where to be contacted. Kindly guide us as how to contact them and get our hard earned money back.

Regards
[protected]@gmail.com
Please Help
[protected]
[protected]

Purchased two teak trees for 1475/- each on 30/11/19994 and maturity date is 29/11/2014. After maturity i wrote letters with no reply. My certifacate nos are f 11197 and 11198. I. The certifiate they mentioned tree planted in kanavaipatti plantation in periakulam district madurai district. Pl help me in getting my guarateed 1.06 cu metes teak work on each tree thanking u ramatarak phone no [protected] and [protected]

invested in a Teak tree offered by Sterling Tree Magnum India Ltd in the year 1994 on 18/10/1994 paying Rs. 2950=00 (Certificate number D4823, Application No. G-101502) in the name of my minor son ABHISHEK GUPTA (s/o Sh A. K. Gupta).

As per the certificate company shall be responsible for growing, maintaining the tree for 20 years and handover the tree or the applicable amount at the time of maturity in 2014 on 17/10/2014 and the Maturity Amount is Rs.1, 44, 000=00. And this Investment of Rs.2950=00 is paid through The Haryana State Cooperative Apex Bank Ltd. Sec17 B Chandigarh bearing cheque no. 877343 dated 18/10/1994.

Despite several reminders, I have not received the interm returns which i was liable to receive after 6th and 12th year and not even received the maturity ammount.

Sterling Tree Magnum (India) Ltd
Incorporated under the Companies Act 1956
Address: #154, Eldams Road, Teynampet, Madras 600018

Unfortunately the company had stopped contacting us after few years and now it has become totally untraceable.

Kindly help me in letting know if the company is still existing and whom should be contacted in this regard.

A. K. Gupta
#1587, Sector 49-B
Chandigarh
[protected]

Hi, I had invested in Sterling Tree Magnum(India) Ltd. in 1997. I had invested around Rs. 2K each into 2 trees with the teak tree plantation. I was supposed to receive my 1st returns in 2003 and the 2nd in 2009 with maturity in 2017. Since the time I have invested I still have no news of progress or development in the project. Phone calls and mails go unanswered. It has been 17 years since and there is no response or sign of getting my investment back let alone see it grow. If there is anyone who has the slightest idea of where the project stands or if there is any petition going on to resolve the issue please let me know.. I would appreciate any news regarding this. Please reach me on my mail. [protected]@yahoo.com.
Thanks
Nisha Tyagi

Dear sir,
I have invested in 30 trees in sterling tree magnum india ltd. There is neither word nor intimation about the whereabouts of the company. Also no information on the interim returns long over due after 6 & 12 years. Please help in recovering our hard earned money from the company. My certificate no q 7464 date 31/03/1997 company address; sterling tree magnum india ltd divyaa 8a murray"s gate road, alwarpeth chennai 600018 as mantioned on certificate please help me to get my money back
Regards
Mahesh jain

We had purchased 10 nos of teak trees from sterling tree magnum (india) ltd. On 15/01/1996 and the maturity date is 14/01/2016. The application no is r 47270 and certificate no I 7452 in the name of s somasundaram and my wife as a nominee. I would like to know if I would like to withdraw or get claim in the scheme than what amount will like get today? And please let me know the contact telephone nos and address of the company.

I am Giridhar.A.Kalal, from Dharwad. I hav purchased 11 trees from Sterling Tree Magnum(India) LTD at a total cost of Rs 19, 525/ The purchase value of each tree is Rs 1775/. The date of joining is 08.09.1995 and maturity date is 07.09.2015. The scheme is "Child Millionaire Teakquity" The certificate no. is H 328 and application no. is D 336621. The companies address in certificate is "Divyaa" 8A, Murrays Gate Road, Alwarpet, Madras 600 018 ( Incorporated under the companies act 1956). The trees are planted at Annamalaiyanpatti Plantation in Periakulam Registration District, Madurai Dist. As per the condition the first interim returns is payable on 07/09/2001 and second interim return payable is on 07/09/2007. But the company has not paid the above returns and also has not communicated. Please help me.

My Father Had purchased five No. of Teak Trees for Rs. 9125 on dtd. 21/12/1996 from Sterling Tree Magnum(INDIA) Ltd. wide Teakquity Certificate No. P12078.
But no payment has been received by us. And this above company is also not listed in stock market.
So kindly help us to get back by giving suggestions to get back our amount.
The scanned copy of certificate has been attached with this application.
Thankin You.

Avinash Waikar S/O Late Shreeram Damodar Waikar
[protected](Mob)
[protected]@gmail.com