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The Times of India
The Times of India
Business
Partha Sinha | TNN

PIL in SC may help quicken claim process for Rs 40,000 crore stuck shares

IEPF BSE Mumbai RTA SEBI

MUMBAI: Shares worth between Rs 30,000 crore and Rs 40,000 crore are lying with the government since their original owners or their heirs are, for some reason or the other, have not claimed the same.

Last week, in response to a public interest litigation (PIL), the Supreme Court ordered the government and the markets regulator Sebi to respond to a notice about making the data public.

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