Complaints Against Sterling Tree Magnum ltd Complaints Against Sterling Tree Magnum ltd

11 months ago

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 :- [email protected]

Legal Counsel Vidhikarya

Responded 11 months ago

View All Answers
A.Dear Client,

Make a written complaint to the Company furnishing the details of your investments which matured about 10 years ago but neither the maturity value is disbursed to you nor any information is sent from their end on the subject. Make another complaint on the subject to the Chairperson, SEBI for taking n/a in the matter against the Company endorsing a copy to ROC concerned for a resolution in the matter. You may also opt for service of the legal notice on the subject to the Company to take stock of their response in the matter.
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