System.Web.UI.Ipostback event handler interface to raise event responses on the server to postback calls from the client. This can be a bit tricky, and I would recommend thoroughly examining what you might gain from it that you could not achieve otherwise. For further documentation, look at the "Capturing Postback Events" entry of the .NET Framework Developers Guide.
Ispostback event is generated by the web controls to alert the server to take respected action of the event generated. When the button is clicked then click event is generated which further cause ispostback event & it alerts the server to take respected action during postback event.
Only Anishcp is correct. Before answering any question please do read the question carefully as the question is about "IPostback" not "IsPostback". Find more at System.Web.UI.Ipostback event handler interface.