Sterling tree magnum Sterling tree magnum

7 months ago

I have purchased 32 trees in the years between 1992 and 1994 when I shall I get the returns of investment?

Legal Counsel Vidhikarya

Responded 7 months ago

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A.Dear Client,
Sterling Tree-Magnum (India) Limited (STIL) is a liquidation company established on 07 Jan 1992 with its office registered in Chennai, Tamil Nadu, India, and has been running for 31 years 8 months with a paid-up capital of 9.02 cr. According to MCA records, 3 Directors are linked to this company as of 17 Mar 2023. Directors of Sterling Tree-magnum (india) Limited are Rathinam Subramanian, Rajeswara Rao Hanumanthu and Mohanraj Sundaram. Sterling Tree-magnum (india) Limited's Corporate Identification Number is (CIN) U01119TN1992PLC021975 and its registration number is 21975.Its Email address is [email protected] and its registered address is OLD NO.21, NEW NO.2, 1ST STREET VISWANATHAPURAM, RANGARAJAPURAM, KODAMBAKKAM CHENNAI Chennai TN 600024 IN. The current status of Sterling Tree-magnum (india) Limited is - Under Liquidation. So refund against your investment cannot be ensured so far as the current status of liquidation of the company is concerned. You may like to take up the matter along with others directly with the Company or its subsidiaries.
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Anik

Responded 7 months ago

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A.Dear Client,
The return on your investment in trees depends on several factors, including the type of trees you purchased, the purpose for which you planted them, and the specific market conditions for timber or other tree-related products in your region. Here are some considerations:

Type of Trees: The species of trees you planted can significantly impact the time it takes to see returns. Fast-growing trees like poplar or eucalyptus may yield returns sooner, while slow-growing hardwoods can take decades.

Purpose: Did you plant the trees for timber production, ornamental purposes, or environmental conservation? The purpose can influence when you see returns.

Harvesting Cycle: If your trees were planted for timber, they typically need to reach a certain age and size before they can be harvested profitably. This can range from 10 to 40 years or more, depending on the species.

Market Conditions: The market for timber or other tree products can fluctuate based on demand, environmental regulations, and other factors. It's essential to monitor market conditions in your area.

Management: Proper tree management, including pruning, thinning, and disease control, can influence the growth rate and overall health of your trees.

Local Climate: Weather conditions, such as droughts or storms, can affect the growth and health of your trees.

Local Regulations: Depending on your location, there may be regulations governing tree harvesting or land use that impact when and how you can harvest or profit from your trees.

Financial Goals: Your individual financial goals and the urgency of seeing returns on your investment will also play a role.

Given that you planted these trees in the early 1990s, it's possible that some of them may have reached maturity, depending on the species. You may want to consult with a forestry or agricultural expert or a local agricultural extension office to assess the current status of your trees and whether they are ready for harvest or if there are alternative income-generating opportunities related to your trees.

Keep in mind that tree investments are typically long-term, and patience is often required to realize significant returns.
Thank you.
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Kishan Dutt Kalaskar

Responded 7 months ago

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A.Dear Sir,
If there is no litigation in between investors and the company then you will definitely get returns of your investment.
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