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long time. With the introduction of Demat trading, the physical paper certificates for shares can get lost or damaged. There have been cases where shareholders have passed away, and their heirs did not claim the securities. This has led to a significant amount of unclaimed shares and dividends, which are transferred to the Investor Education and Protection Fund (IEPF). The IEPF acts as a government reserve for such unclaimed assets. Shareholders can now recover their lost securities through a defined procedure established by regulatory authorities like the CB and MCA.
