Menu
For Business Write a review File a complaint
Sterling Tree Magnum

Sterling Tree Magnum review: About teak tree investment 106

P
Author of the review
5:16 am EDT
Review updated:
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Featured review
This review was chosen algorithmically as the most valued customer feedback.

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.

View 0 more photos
Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

106 comments
Add a comment
M
M
marthati
IN
Mar 24, 2014 11:30 am EDT

My application no. is u 6526 and my certificate no. is e 1205 and purchase 5 trees planted at mela ambur village. kindly let me know how can I contact the authorized person of the company. my mobile no [protected]. mail id.. neuromadhu@gmail.com

V
V
Vinay Kumar Jain
IN
Apr 26, 2014 1:44 pm EDT

Hi sir/madam,

I am vinay kumar jain from gormi, distt bhind, madhya pradesh. I have purchased 15 teak tree with purchase value of each teak tree rs. 1475 on 20/05/1995 from sterling tree magnum (india) ltd. under companies act 1956, registered office : 154, eldams road, teynampet, madras 600018.

My application no: g 15354 and the certificate no: b 6581.
As per the certificate the 1st interim return was on 19/05/2001 and 2nd was on 19/05/2007 but we haven't received anything from the sterling tree magnum company and its maturity on 19/05/2015.

Please find the enclosed copy of my certificate.

Kindly request you to please provide me an update on this company on priority.

Regards,
Vinay kumar jain
Morena road, gormi,
Distt. bhind. m. p.
477660
+91 [protected]

N
N
Neerul
IN
May 23, 2014 11:41 pm EDT

I, K L Pahuja purchased 7 teak appl K-408945 certificate F-2310 dt. of joining 17.10.94
To:
maturity dt 16.10.14 pl intimate present status e mail -klpahuja17@gmail.com mob-[protected], [protected]

S
S
shekhar nalawade
IN
May 30, 2014 5:07 am EDT

I shekhar Nalawade I have invested 1 treesRs 975/- in 7.11.1992. date of expiry is 6.11.2012 I want to know the status. I stay in Hubli karnataka my cantact no. [protected] & email address: nshekhar10b@gmail..com

S
S
sunder_1971k
IN
Jul 27, 2014 11:57 am EDT

I have also purchase teak tree of Rs.15000/- in 1996 from Sterling Tree Magnum (India) Ltd when I was posted at Bangalore. Pl help me to get my money back. My mail ID is sunder_1971k@yahoo.com

P
P
Pankaj C. Shah
IN
Aug 03, 2014 11:17 am EDT

We have also purchased teak tree. So far we have not received any response. Please help me to get our money back. My email id is pankajshahvelocity@gmail.com Mobile No. +91 [protected]

S
S
shipraja
IN
Aug 05, 2014 2:29 pm EDT

I had purchased five teak trese on 23/11/93 and its maturity date is 22/11/2013 with assured mid term payments. However nether has any mid term payment been made nor has there been any communication from the company.

I expect a note from the company giving details of the current status along with the interim payments promised at the end of the 6th and 12th year.
my email is shiva_prasadj@yahoo.com

A
A
anwar basha
IN
Aug 11, 2014 11:53 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

Hi, I have invested in 2 trees 15 years ago.. I am trying to contact the office and my correspondence also returned . What would be best option to get back our money. Any body could suggest a way. How dare the company is sitting without any action putting the investors in suspense..
email :shaikhanwar60@gmail.com

B
B
BADAN CHANDRA MANDAL
IN
Aug 27, 2014 8:10 am EDT

I have purchased -5 teak @1475/- during 1994 and earlier option was obtain to get return after completion of maturity (i,. e after 20 years) but no any response received till date. my mobile no. [protected], email id : mandalbadan@yahoo.in.

M
M
meenakshi hegde
IN
Sep 13, 2014 4:40 am EDT

Meenakshi hegde
I had invested rs 7100 for 4trees @rs 1775 each on 21/06/96. certificate no k 28850, k 28849, k 28847, k 28848. so far I have not received returns due on2002 & 2008 &no information about co' s status.
mobile [protected] [protected]
email meenakshigvhegde@gmail.com

M
M
meenakshi hegde
IN
Sep 17, 2014 5:53 am EDT

Meenakshi hegde
I had invested rs 7100 for 4 trees @rs1775 each on 21.06.96. how can I get back my hard earned money?
email meenakshigvhegde@gmail.com
mobile [protected] [protected]

T
T
T K KOHLI
IN
Oct 15, 2014 7:49 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

I purchased 2 trees in 1996. application number r9 and certificate number I 6837. I am not able to find out anything about the company.
My email id is tkkkohli@yahoo.com

P
P
Prince Jobert V
IN
Oct 22, 2014 9:06 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

I Prince Jobert, owing one tree. My app. no. is X 144494. My cert. no. is C4990. Date of Joining is 31/01/1994. Maturity Date is 30/01/2014. Please let me know to get my investment back. My mobile no is [protected]. My e-mail id is jerushajobert@gmail.com.

V
V
Vijendhra
IN
Nov 23, 2014 11:50 pm EST

my uncle hv invested 1 tree on ma name, at there of 1996 .so plz let me know if there is way to get returns for this investment and whome to contact . My application no.r104555 name : Vijendhra .

S
S
SaravananA
IN
Dec 12, 2014 8:17 am EST
Verified customer This complaint was posted by a verified customer. Learn more

Dear Sir,
I have purchased Two Teak Tree on 12/12/1992 Name Aravinda for Rs 975/- application No 12006 Certificate No T35869 and one more on 31 Dec 1996 for Rs 1825/- application No A157120, Certificate No J9632 name Usha Rajendran issued by the STM on 01 Jun 1997.

As per the terms Co. supposed to make Interim returns payable by 11/12/2012 and and first interm on 29 jun 2003 and 29 jun 2009 respectively.

I have tried my best to locate their address ( address mentioned in the certificate is now changed as confirmed by one of my friend).

There is no response from the company.

My Present Residence Address :

Aravinda and Usha
#103, Baba Shaib Colony HAL 2nd Stage
Indiranagar, Bangalore - 560038
mob : [protected]

C
C
Chandramoulee
IN
Dec 19, 2014 6:11 am EST

This is in regard to the teak trees purchased by me.
I had invested in 2 sterling plantations:
Number 1:
No of trees: 20 teak units
Date: 24/12/1994 into kanavaipatti plantation in periakulam registration district, madurai district plantation.
Maturity date: 23/12/2014
Application no. g120946
Certificate no. a3424

Number 2:
No of trees: 11 teak units
Date: 15/09/1993 into panagudi plantation in parivirisurian vilage, radhapuram taluk, tirunelveli district plantation.
Maturity date : 14/09/2013
Application no. t 19657
Certificate no. l1601
You had offered me rs 14, 40000/- (fourteen lakhs forty thousand) and the maturity date has already crossed.
In addition you had assured interim returns.
But till the date you had not given me single payment.
In this circumstance kindly settle the entire amount including interim returns.

What should be my next course of action on this. can somebody help me.

G. chandramouli
21, narasimapuram,
Middle street,
Karur, tn. ph : [protected]

R
R
Rajendiran B
IN
Dec 27, 2014 12:10 am EST

All,

I am mr. rajendiran b from krishnagiri, tamil nadu. I have purchased 20 teak tree with the purchase value of each teak tree rs. 1475 on 27/02/1995
From sterling tree mafnum (india) limited, incorporated under the companies act 1956, registered office: 154, eldams road, teynampet, madras 600018.
Head office: 'divyaa' 8a, murrays gate road, alwarpet, madras 600018.

Date of joining: 27/02/1995 maturity date: 26/02/2015

My application no: g 141430 and stm certificate no: a6979

Its seems like they have cheated us and we didn't get any more updates from them regarding the lands purchased in pottipuram.

Note:
We have paid the full amount for the purchase of lands with teak trees in pottipuram.

Kindly request you to help us to know the update on your company & property that we have purchase asap on high prioiry basis.

Regards,
Rajendiran b
1st cross, cooperative colony,
Maruti medical, krishnagiri.
Landmark:
Opposite of state bank of india, krishnagiri
Note:
Ward no:27
Phone:
+91-[protected], +91-[protected], +91-[protected], +91-[protected]

S
S
Saifuddin Nagaria
IN
Feb 03, 2015 6:57 am EST
Verified customer This complaint was posted by a verified customer. Learn more

Certi no.A7566
nagariam10@gmail.com

K
K
K L SINGLA
IN
Feb 12, 2015 10:20 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

Take the matter to consumer and other courts. Let the people come forward and take strong action against the fraudulent company.

R
R
RAJAN Nambiar
IN
Mar 20, 2015 4:25 am EDT

As a team, better inform/complain to prime minister to do the needful against such scam, & request to catch those absconding chor* bosses, by involving *ib
capt. rajan

H
H
honeydhingra
IN
Apr 11, 2015 1:07 pm EDT

Hi,

I had invested in the sterling tree magnum (india) ltd.in 1992 with certificate no b 6469. there were no communication from the company. now could you please advise action to be taken?

Regards,
Madhu dhingra
Honeydh227@gmail.com

N
N
Naval Taneja
IN
Apr 18, 2015 3:12 am EDT

My father (late mr. mani taneja) also invested in this company for two teak tress each for rs 1275 on 13/02/1995.

The maturity date is 12/02/2015. application no. is k 413162 & certificate no. is f 3765.

We have nor received any response / communication from the company.

If anybody knows how to contact the company or get the amount on maturity, please please mail me at navaltaneja1986@gmail.com / navaltaneja05@yahoo.co.in or contact me at +91-[protected] or +91-[protected] or [protected].

I would really be very grateful & oblige if any one could help me.

Regards,
Naval taneja

R
R
RamaRao B
IN
Apr 22, 2015 12:18 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

I invested in 2 teak trees but no reply from your side as the maturity period 17/6/2014 & we joined STM in 18/6/1994, the maturity date is already expired. i want my money back. please respond help.
My certificate no: F8971
email ramaraob08@gmail.com
ph: [protected], [protected]

N
N
N.Subbaraman
IN
May 28, 2015 10:44 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

My E.mai address :nsubbaraman@yahoo.com

My various purchases are as follows
a. 2 trees--Certificate #125558---matured on [protected]
b.2.trees--certificate #C3298----matured on9-06-2013
c.20 trees-- certificate#N651---to mature on17-07-2016

Totally i have invested about 50, 000/.We have to take combined actionst this cO.

N.Subbaraman

A
A
ashfaque sanjofy
IN
Jul 06, 2015 2:05 pm EDT

I have invested in 4 trees respectively on dt 5/1/ 1998, 17/ 01/1997, 10/06/1997 which is matured on dt 30/12/2015, & 31/12/2016 please help us getting the details of the company and the directors my contact no. [protected]. email address sanjofya@gmail.com

P
P
Prem Ramchandani
AT
Jul 07, 2015 3:34 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

I have invested for 11 trees in sterling tree magnum (india) in 1995 from prabhadevi branch.. mumbai. but have not received any thing so far. even their addresse is not known. please anyone having knowledge contact prem ramchandani mob. no+[protected] &+[protected] email address prem_ramchandani@yahoo.co.in

D
D
dagadibo
IN
Jul 17, 2015 11:18 pm EDT

Dear all
if anybody got the amount from that company..plz let me know...or else...if anybody there in chennai..who already visited that company...plz let me know for further action...wiaiting for reply am a bad investor in that company too..

regards

narendra.p
[protected]
hyderabad

R
R
Revathysterling
IN
Dec 26, 2015 8:20 am EST

I had invested my hard earned money in sterling tree magnum in 1993 .. Maturity in 2013.. Assured maturity is 7 lacs n land of 4 cents in thirunelvelli. I went to sterling group many times begged n treated.they dnt bother.. Thy have diverted d money to resort business n earning huge profit.. Not willing to provide holiday for one time for the investment we made. We people need to teach them lesson please act soon before thy wind up these business n change names... Chandrashekaran.. Bangalore

Contact [protected]

V
V
Vikas kumar agarwal
US
Jan 11, 2016 12:33 am EST

My application no. g 138578
My certificate no. a2778
I have purchased 20 trees of this company 20 yrs back i. e on 31-01-1995 and as per my maturity date i. e 30-01-2015 I should be receiving my amount..
I tried to contact the authorised person of this company bt hvnt received any reponse from their side can u kindly plz let me knw hw can I get in touch wid d person who is been held responsible for this procedures
My contact no - [protected]

J
J
J Ramatarak
US
Jan 19, 2016 8:49 am EST
Verified customer This complaint was posted by a verified customer. Learn more

I have invested with sterling tree magnum india ltd. I have purchased 2teak trees on 30/11/1994 with maturirity date 29/11/2014. my certificate no f 11197 and 11198 each tree for rs.1475/-they have mentioned in certificate trees planted at kamavaipatti plantations in periakulam registration district madurai district. with this particulars I request all if u know any thing about this pl help me in getting my money. so far I have not received a single rupee from them. pl help and advice what to do to get money
My contact details.. j rama tarak phone. [protected], [protected]. iam now at hyderabad. pleaaaase help.

J
J
Jaywant
US
Feb 01, 2016 4:13 am EST

Hello,
We had invested in The Sterling Tree Magnum (India) Ltd. in 31.08.1995 with certificate no H 164 & application no. D 327247 . There were no communication from the Company. Now Could you please advise action to be taken ?
Can we fight legally & get our money back ?

Regards,
Jaywant Wagh & Patankar Mumbai
E-mail : jaywant.wagh@hotmail.com
[protected]

R
R
ravinder k
IN
Feb 18, 2016 4:09 am EST

I have purchased teak trees about 20 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.
[protected]

V
V
venkateswarlu china kochuru
US
Apr 14, 2016 2:40 am EDT

I have purchased two certificates for rs.1775/- each (one teak tree for each certificate) in the name of my two daughters on 29-11-1995. the first interim returns payable by 28 — 11-2001 and second interim returns payable by 28-11-2007 and the two certificates were matured on 28-11-2015. so far even a single payment was not paid by sterling tree magnum (india) ltd. the details of my two certificates are 1. no. k 10914 dated 29-11-1995 for rs.1775/- matured no 28-11-2015 favouring kochuru santhi. 2. no. 10915 dated 29-11-1995 for rs.1775/- matured on 28-11-2015 favouring kochuru swathi. please guide me for getting payments from sterling tree magnum (india) ltd, chennai. my address is : k ch venkateswarlu, 2-1-79, arigavari street, gaddalagunta, ongole - 523 002, a. p. mobile number : [protected]

View 0 more photos
N
N
Narendra Nath
US
May 25, 2016 9:50 am EDT

I have invested in five trees in 1996, @ rs. 1825/- per tree, application no. a123046,. I never received any communication from stm after receiving the certificate. please let me know how can I get my maturity money. is that any one received money. I have been searching their office for the last 3-4 years and do not know where they are. if any body can help kindly contact me at nncda@yahoo.com 033 — [protected] [protected]

View 0 more photos
S
S
Sunil Kumar Singh
US
Jul 12, 2016 3:13 am EDT

I had purchaged five nos. Of teak tree in name of my daughter AAKANKSHA SINGH on [protected]. I have deposited amount of Rs. 8125 to STM. My application no.is R60471and certificate no. is I15981. Policy has been matured on [protected]. Till date i have not received any interim money or maturity money. Also i am not able to locate STM office or contact no. Can anyone help me.
Thanks
s.k.singh
mob.no. [protected]
email- sksingh003947@gmail.com

R
R
Rajendra Badola
US
Jan 18, 2017 9:59 pm EST

My application no. is r53212 and my certificate no. is k 16115 and purchase 01 tree @ of rs 1775/- per tree. kindly let me know how can I contact the authorized person of the company. my mobile no. is [protected] & my email is badola. rp@gmail.com, & rajendrabadola@yahoo.com

Regards-
Rajendra prasad badola
Information dept., gov. of u. p.,
Park road, lucknow. pin - 226001
Mob - [protected],
E mail - badola. rp@gmail.com & rajendrabadola@yahoo.com

S
S
Surinder Bhagi
IN
Feb 02, 2017 8:59 am EST

My application number is j502318 dated 30 june 1995 for 1 trees with rs 1775/- per tree. please let me know if there is a way to get returns for this investment. my new adress nc 254, kot kishan chand, near railway crosing, jalandhar city-144001. mobile number [protected].

View 0 more photos
S
S
Sadhana07
SE
May 19, 2017 8:24 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

we are in the process of gathering information from investors who're victims of fraudulent business house like STM; the purpose of this information is to help unsolicited claims and help the investors to financial literates and follow-up on their cases. those affected are encouraged to contact ''' trainer.consultgmailcom"""

K
K
Krishnan sreedhar
US
Aug 13, 2017 5:17 am EDT

All those who have been cheated by M/s Sterling Tree Magnum (India) ltd. and you all know that a case is going on in High court Madras. Request all of you to express this hardship/loss to our Honorable Prime Minister Sir, as he only can solve this problem. Our beloved PM is open to suggestions through email, whatsapp, face book, telephone etc. Please Please all of you individually approach the PM, I am sure a quick solution will be found. Thanks.

N
N
Narendra Nath chattopadhyay
US
Jan 24, 2018 7:22 am EST

I have invested in five trees in 1996. I never received any communication from STM thereafter. Now i have been searching their office for the last 3-4 years and do not know where they are. If any body can help kindly contact me at sicorpindia@gmail.com 033--[protected], [protected]. My certificate no. p897.

View 0 more photos
  1. Sterling Tree Magnum Contacts

  2. Sterling Tree Magnum phone numbers
    +91 44 4357 8585
    +91 44 4357 8585
    Click up if you have successfully reached Sterling Tree Magnum by calling +91 44 4357 8585 phone number 5 5 users reported that they have successfully reached Sterling Tree Magnum by calling +91 44 4357 8585 phone number Click down if you have unsuccessfully reached Sterling Tree Magnum by calling +91 44 4357 8585 phone number 6 6 users reported that they have UNsuccessfully reached Sterling Tree Magnum by calling +91 44 4357 8585 phone number
  3. Sterling Tree Magnum emails
  4. Sterling Tree Magnum address
    154, Eldams Rd, Teynampet, Chennai, Tamil Nadu , 600018, India
  5. Sterling Tree Magnum social media
  6. Laura
    Checked and verified by Laura This contact information is personally checked and verified by the ComplaintsBoard representative. Learn more
    Oct 31, 2024
Sterling Tree Magnum Category
Sterling Tree Magnum is ranked 203 among 291 companies in the Investment Services category