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<h1>Board of Directors Can Act Under Companies Act 1956, Limited by General Meeting Requirements and Company Regulations.</h1> The Board of Directors of a company is empowered to exercise all powers and perform acts that the company is authorized to undertake, as per the Companies Act, 1956. However, the Board cannot exercise powers or perform acts that are specifically required to be done by the company in a general meeting. Additionally, the Board's actions must comply with the provisions of the Act, the company's memorandum or articles, and any regulations made by the company in a general meeting. Regulations made in general meetings do not invalidate prior valid acts of the Board.