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<h1>Board Bench Composition and Duties Outlined in Regulation 3 of the Company Law Board Regulations, 1991.</h1> Each Bench of the Board, as per regulation 3 of the Company Law Board Regulations, 1991, may consist of one or more members, subject to regulation 4. The Chairman's order forming a Bench must specify the powers and functions assigned to it. The Chairman must also designate a member of the Bench to handle matters requiring Board decisions, excluding those affecting the petition's final disposal. If the designated member is absent, such matters should be placed before any other present member of the Bench.