The Charter Act of 1853

• Laid foundation of Parliamentary system of Government, the executive and legislative separated. Legislative Assembly functioned in the model of British Parliament.
• Renewed the term of East India Company for an indefinite period;

Charter Act of 1833

• Company's monopoly to tea trade and China trade was abolished and it was required to wind up its commercial business. But administration and political powers were continued and status quo was maintained.

Charter Act 1813

The Charter Act of 1813 was as follows:

•    The monopoly of trade of the Company was abolished except in Tea and its trade with China.