- 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;
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Tuesday, December 26, 2017
The Charter Act of 1853
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.
• The monopoly of trade of the Company was abolished except in Tea and its trade with China.
Charter Act 1793
The East India Company Act 1793 is also known as the Charter Act of 1793. It was an Act of the Parliament of Great Britain which renewed the charter issued to the British East India Company, and continued the Company's rule in India.
In contrast with legislation concerning British India proposed in the preceding two decades, the 1793 Act "passed with minimal trouble". The Act made only fairly minimal changes to either the system of government in India or British oversight of the Company's activities. Most importantly, the Company's trade monopoly was continued for a further 20 years.
In contrast with legislation concerning British India proposed in the preceding two decades, the 1793 Act "passed with minimal trouble". The Act made only fairly minimal changes to either the system of government in India or British oversight of the Company's activities. Most importantly, the Company's trade monopoly was continued for a further 20 years.
Pitts India Act 1784
It was introduced by the British Parliament to bring the administration of East India Company under the direct control. The salient features of Pitt`s India Act are:
- A Board of Control was established that contained maximum six parliamentarians. The Board was headed by the senior Cabinet member who was the Director and Superintendent to control the affairs of the company related to territorial possessions in the East Indies.
Regulating Act of 1773
The Regulating Act, 1773 said that:
- The Government of the presidency of Fort William in Bengal should have a Governor General and a Council, which consists of four Councilors with the general democratic rule that the Governor General would consider decision of the majority of the Councilors.
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