Who is responsible for delay in work? Regulators or managements?

Many times regulatory process is shown as a reason for delay in work progress or failure to achieve production targets or failure to start or complete projects in times or ending up in losses. However, they do not explain or do not want to see why proper planning and execution is not done to comply with applicable procedures and statutes. When procedures are not followed and if and when the regulatory body finds violations or finds new information, they are bound to issue notices. Had the entity disclosed the information fully about its intentions initially itself or complied with conditions subsequently, there would not have been any tussle or heart burn.
Companies blame that the information which is not asked earlier is being asked later and their works are being suspended or such new information is shown as a cause for stopping the work. As long as any activity got potential to cause harm to people and environment, it has to be addressed, even if not during application process.These systems are evolved over a period of time based on past experience and considerable forethought and can't be questioned for one's problems.
Economic growth or profits of the companies alone can't be a reason for bypassing/violation the regulatory process. Safety of the persons and environment should get top priority over other issues and nobody got any right in this regard.

About Bhopal accident

There was an article on Bhopal accident comparing it with that of BP oil spill. The article can be read at this LINK. The author noted about the poor response of our industry leaders to the injustice met by the victims in comparison with the active involvement of industries at USA against BP. There are many persons in responsible positions in various companies who can come under the Sec 300 of IPC and may not be knowing that they are committing such blunders.
It is essential that top management of all industries should be informed about their responsibilities under various statutes when permissions / licences are issued by concerned government authorities. e-mail is the best service available which can be utilized by regulatory agencies to send e-mails from time to time to these leaders of the organizations.
What I feel is that most of the management representatives do not know about minimum safety procedures to be ensured in their organizations under various statutes and punishment / penalties for violators. Once this is known, definitely violations will come down as nobody likes to trouble himself of attending criminal proceedings against him.