Parents usually ignore the fact of transferring details to their children’s of their investments

Investor Education and Protection Fund (IEPF) is for promotion of investors’ awareness

Transfer of shares means an act of transfer of title of share certificate from one person (transferor) to another

Transmission of shares at times is hugely cumbersome and runs into many legal complications.

Although the government has ensured unclaimed dividends, deposits, debentures, bonus, split shares etc

A shareholder may loss share certificates, hence, denying him from valuable

Thousands of crores are lying unclaimed in the forms of unclaimed provident fund in across India.

If Insurance claims remains unclaimed for 10 years it is transferred to Senior Citizen Welfare Fund

Hundreds of crores are lying unclaimed in the forms of unclaimed dividend and redemption amount of mutual funds.

Change of address, bank accounts or any other details are not in the company’s record, leading to lack of exchange