Govt to set up two regional directorates of companies

The government will set up two regional directorates to assist companies in the north western and north eastern regions, Parliament was informed today.The directorates would come up in Ahmedabad in Gujarat and at Guwahati in Assam, Corporate Affairs Minister Salman Khurshid said in a written reply in the Lok Sabha.The locations have been decided after taking into considerations factors like increasing number of companies in the region, accessibility for the corporate sector, development, geographical location among others, he said.Currently, there are four regional directorates in the country, with one each in Mumbai, Kolkata, Chennai and Noida.The directorates supervise the working of the offices of the registrars of companies and the official liquidators working in the respective regions. In addition, they also work with the state as well as central government in matters relating to the administration of the Companies Act.