The control places an object which can be used as a container for other controls.
Use panel controls to subdivide a form by function. For example, you may have an order form that specifies shipping details. Gathering the items in a panel gives the user a logical visual cue. Any control placed within a container object (Enhanced Group Box, Enhanced Panel, etc.) will inherit the properties of container. The panel control is similar to the group box control; however it does not display a caption within the border.
Tip! - A Panel control can be converted to an Enhanced Panel control. Within the Form Designer, right click on the Panel and select the "Convert to Enhanced Panel" option.