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coffees hello everyone welcome to kobez my name is pankastryagi and this video we will talk about the recovery of shares the allotment of securities was done in paper certificate before the advent of demat trading now since such certificate exist in physical form they are likely to end up misplaced lost and damaged there have been circumstances where the shareholder were passed away and the hairs failed to claim the security ing to some government data around 18 000 crore of unclaimed shares and 2300 crores of unclaimed dividend have been routed to iepf that is investor education and protection fund investor education and protection funds serve as a government reserve that keep the hold of unclaimed dividend shares and bonus issues the authority like cb and mca enable shareholders of such securities to recover them through a well-defined procedure now let understand what is a recovery of share before de-met system era the materialization of security has remained prominent for a long ti