Searchable database for unclaimed shares needed

A publicly available transparent database would increase the chances of genuine claimants finding out and making their claims, thus reducing the chances of fraudulent claims

Are you or your family members among the many investors, active in the stock markets in the 19080s and 1990s, who may have unclaimed shares or dividends? If so, you may be able to find out by searching their names on the website https://jeevantika.com. You may discover that around 20 per cent of such people have unclaimed assets that they are unaware of.
 

I stumbled upon shares worth around Rs 3 lakh in my late father’s name, which are currently with the Investor Education & Protection Fund or IEPF (read my earlier column: https://bit.ly/3bZVBMe).