90,000+ Legal Questions Answered
Regarding Sterling Tree Magnum (India) Ltd.
5 months ago
I have purchased 2 Teak Trees (each tree worth Rs.1475) Vide Certificate No.D12628 Dt. 17/07/1996. As per the Certificate the maturity dt. 30/10/2014. I understand that the company is under liquidation and the matter is pending with SEBI. Please guide me how to file my claim with SEBI.
A.Dear Client,
Sterling Tree-Magnum (India) Limited (STIL) is a company (now under liquidation) established on 07 Jan 1992 with its office registered in Chennai, Tamil Nadu, 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 of claim directly with the regulatory authority SEBI and/or, the Company or its subsidiaries.
Sterling Tree-Magnum (India) Limited (STIL) is a company (now under liquidation) established on 07 Jan 1992 with its office registered in Chennai, Tamil Nadu, 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 of claim directly with the regulatory authority SEBI and/or, the Company or its subsidiaries.
Helpful
Helpful
Share
A.Dear Client
Ensure that the information about the company being under liquidation and the matter being with SEBI is accurate. You might want to check official announcements, news articles, or the SEBI website for updates. Collect all relevant documents related to your Teak Tree purchase, including the certificate, payment receipts, and any other supporting documents. Visit the official SEBI (Securities and Exchange Board of India) website or contact SEBI directly to inquire about the status of the company in question and the procedures for filing claims. SEBI may provide guidelines or forms for such cases. Follow the prescribed procedure for filing a claim with SEBI. This may involve submitting a formal claim application, providing supporting documents, and adhering to any specific requirements outlined by SEBI.
Ensure that the information about the company being under liquidation and the matter being with SEBI is accurate. You might want to check official announcements, news articles, or the SEBI website for updates. Collect all relevant documents related to your Teak Tree purchase, including the certificate, payment receipts, and any other supporting documents. Visit the official SEBI (Securities and Exchange Board of India) website or contact SEBI directly to inquire about the status of the company in question and the procedures for filing claims. SEBI may provide guidelines or forms for such cases. Follow the prescribed procedure for filing a claim with SEBI. This may involve submitting a formal claim application, providing supporting documents, and adhering to any specific requirements outlined by SEBI.
Helpful
Helpful
Share
Read Related Answers
Inheritance Rights Dispute Over Mothers Property in Bengaluru
Dear Client,
A property when left by the deceased owner intestate i.e, without any will, is devolved upon the surviving legal heirs in equal share following the law of inheritance/succession. After t...
EWS Certificate
Dear Client,
The death certificate of a deceased person is a crucial document that is mandatorily required for the issue of a legal heir certificate either by the Municipal Authority or to apply for a...
POA from SriLanka to India citizen Resident Indian
Dear client,
If the seller of the property is not now in India, he can still execute a POA abroad, but the process is slightly different. His first step is to visit the Indian Embassy or Consulate in...
Darkast agriculture land sale
Dear Sir,
If there is perpetual restraint from selling the land then the grandson cannot sell without the permission from the Deputy Commissioner. The conditions in the Darkasth to be read.
Mutation of property in authority records based upon registered gift deed
Dear Sir,
Yes, the mutation will be taken place as jointly in respect of your respective wives. You have to produce certified copies of both the Gift Deeds.
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
