The Supreme Court has issued notice in a public interest litigation (PIL) seeking the creation of a comprehensive legal and institutional framework to track and return over Rs3.5 lakh crore in unclaimed financial assets to their rightful owners. The matter was heard by a bench of justice Vikram Nath and justice Sandeep Mehta, which directed the Union government and financial regulators to respond. The PIL is filed by Aakash Goel, a Delhi-based activist, engineer, and entrepreneur who has been raising concerns about the rapid accumulation of unclaimed funds across the financial system. According to his plea, these assets include dormant or inoperative bank accounts, unclaimed dividends, unpaid provident fund balances, matured but unpaid insurance proceeds, unredeemed mutual fund units

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