Error 80040154 (Class not registered exception)

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C#

Windows

application

Hi,
I have a deep issue. I am trying to open a form in windows project in design mode using VS 2008 it says the following error "Error 80040154 (Class not registered exception)"
From the stack error :

System.Runtime.InteropServices.COMException occurred
  Message="Class not registered (Exception from HRESULT: 0x80040154 (REGDB_E_CLASSNOTREG))"
  Source="System.Windows.Forms"
  ErrorCode=-2147221164
  StackTrace:
       at System.Windows.Forms.UnsafeNativeMethods.CoCreateInstance(Guid& clsid, Object punkOuter, Int32 context, Guid& iid)
       at System.Windows.Forms.AxHost.CreateWithoutLicense(Guid clsid)
       at System.Windows.Forms.AxHost.CreateWithLicense(String license, Guid clsid)
       at System.Windows.Forms.AxHost.CreateInstanceCore(Guid clsid)
       at System.Windows.Forms.AxHost.CreateInstance()
       at System.Windows.Forms.AxHost.GetOcxCreate()
       at System.Windows.Forms.AxHost.TransitionUpTo(Int32 state)
       at System.Windows.Forms.AxHost.CreateHandle()
       at System.Windows.Forms.Control.CreateControl(Boolean fIgnoreVisible)
       at System.Windows.Forms.Control.CreateControl(Boolean fIgnoreVisible)
       at System.Windows.Forms.AxHost.EndInit()
       at SCMAudit.frmAuditEnvironment.InitializeComponent() in C:\Test\ScmWorkBench_mod\Upgraded\ScmWorkBench\frmAuditEnvironment.Designer.cs:line 2517
       at SCMAudit.frmAuditEnvironment..ctor() in C:\Test\ScmWorkBench_mod\Upgraded\ScmWorkBench\frmAuditEnvironment.Designer.cs:line 55
  InnerException: 

Can anyone please help me to oen the form in design mode.

Note : The form opens in VS 2008 in 32 bit machine but it failing to open the form in design mode in 64 bit machine. Please help me...it's an very urgent issue..