Expressing concerns over non-compliance of provisions related to filing of annual reports and financial statements, the corporate affairs secretary R Bandyopadhyay on Thursday pulled up regional directors and registrars of companies (RoCs) and asked them to take enforcement steps to improve the compliance rate.

In a meeting held via video conferencing, Bandyopadhyay asked four regional directors and 20 RoCs from across the country to take necessary “persuasive and enforcement steps to improve the compliance rate”.

With regard to state government companies not abiding by the rules and provisions, Bandyopadhyay said that these companies have the same liability as others and a comprehensive review would be taken by the ministry regarding non-compliance by state and Central government companies.

Further the corporate affairs secretary stressed on the need of investor education activities by field officers to facilitate corporate growth without any compromise on the regulatory function of the ministry.

The government would provide necessary technical and financial assistance for this purpose, which would also help the ministry in taking informed decisions, the secretary added. Issues relating to populsarising new business entity Limited Liability Partnership were also discussed in the meeting.