Question:

I have sterling tree magnum stm certificate but i have no new address of the company stm kindly let me know?

by  |  earlier

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i have come to know that the stm has offerred some thing but they dont have my new addrress what to do.mail me on arun.pandey99@yahoo.com

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  1.  Dear Sir,


    Kindly give the complete address of M/S Sterling Tree Magnum India Ltd so that I can write the  letter to this company. I have invested the amount in purchasing the trees (15nos ) but till date no responce from the company. I do not know where should I contact. Please help me .


    Regards


    S.K.Tyagi


    09812473994; E-mail :sktyagi57@yahoo.co.in 


    Delhi


  2. The Hindu
    26 August 2009
    Criminal proceedings initiated

    Special Correspondent

    CHENNAI: The Economic Offences Wing has initiated criminal proceedings against Sterling Tree Magnum (India) Ltd., and Chromepet Saswatha Nidhi Ltd., for not repaying the deposits collected from the public after maturity.

    According to a press release, depositors who have not preferred a complaint could contact the office of the Superintendent of Police (EOW-II), C-48, TNHB Complex, third floor, Second Avenue, Anna Nagar, Chennai 600040. Depositors should bring supportive documents to lodge complaints within two weeks so as to finalise the completion of the case, the release said. Phone: 26220314/26220332.        

    http://www.thehindu.com/2009/08/26/stories/2009082659550300.htm

  3. Dear Investor

    I had invested in 15 trees and got info that the company's assets were frozen and case is going on. In the beginning of this year I contacted an advocate Mr. Gopal Krishnan @ 98844 36152/044-24953442 through an investor friend of mine and got my invested money back less his (advocate)fees and charges within a short time. The info I got from my sources is Sterling tree magnum is unlikely to honour its committments to its investors. So I decided that something is better than nothing.

    Regards
    sundar

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