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Darjeeling foothills have many plants that are used as folklore medicines by the local people. Schleichera oleosa (Lou.) Oken, commonly known as Ceylon Oak belongs to the family of sapindaceae occurs naturally at the foot hills of Darjeeling and is used in traditional medicine for several indications from the time immemorial. It is generally used as analgesic, antibiotic and against dysentery. S. oleosa is a well known medicinal plant in the Teak forest of East Java and is also used in West Bengal in India, as a commercial host plant for obtaining sticklac for production of shellac. In parts of southern India, S. oleosa is a prominent bee plant for nectar and is used for production of animal feedstock. The oil obtained from its seed, called Kusum oil or Macassar oil is traditionally used for the cure of itch, acne, burns, other skin troubles, rheumatism (external massage), hair dressing and for promoting hair growth. Two triterpenoids, taraxerone and tricadenic acid A were isolated from the methanol extract of the outer bark of Schleichera oleosa available in Darjeeling foothills.