Question: I opened a demat and a bank account with ICICI when I started my career. I had purchased a couple of shares also in that demat account, but due to multiple relocations and job changes I could not keep track of my demat account and I also closed my bank account as it was an old salary account. Recently, when I checked my demat account statement, I found that shares have been transferred to IEPF. I am not sure how shares lying in my demat account can be transferred to IEPF. Further, how these shares can be claimed back?
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