Company Law Board Regulations, 1991
Chapter II General
3. Composition of
Benches of the Board –
1.
Subject
to regulation 4 every Bench of the Board formed under the sub-section (4B)of section
10E may consist of one or more members.
2.
The
order of the Chairman forming any Bench shall specify therein the powers which
shall be exercised and functions which shall be discharged by the Bench.
3.
The
Chairman shall, in relation to each Bench formed specify the member of the
Bench before whom every matter requiring decision of the Board (not being a matter
affecting the final disposal of the petition)shall be placed for orders and in
the absence of the member so specified every such matter shall be placed before
any other member of the Bench who is present.