- The company partially under Parliament’s control & the Presidencies under Calcutta’s control.
- Ended Dual government.
- Governor of Bengal to be the Governor – General of Fort William of India.
- Establishment of Supreme Court in Calcutta.
- Servants of the Company including Governor-General, Council members & Supreme Judge were prohibited to engage in Corruption, private trade, accept presents or bribes, etc.
- Made it compulsory to renew the Company’s Charter after 20 years. (i.e Charter act 1793,1813,1833 &1853.)
- Company came under the control of the Parliament.
- Parliament of England was concerned about the welfare of Indians.
- Greatest merit of this Act: Ended the arbitrary rule of the Company & provided a framework to the governing of India.
- Governor-General was made powerless & the council given supreme power frequently created deadlocks by over-ruling his decision.
Pitts Act of 1784
- In 1784, Pitt the Younger, PM of England introduced the India Bill in the British Parliament. After 7 months debate in both the Houses, the bill received t’s royal assent. This act is Known as Pitts Act of 1784.
- A Board of Control consisting of 6 members (including 2 cabinet ministers) were appointed by the Crown.
- Board of Control will guide & supervise the affairs of the Company in India.
- Reduced the Governor-General’s Council from 4 to 3 including the Commander-in-Chief.
- Board of Control – look after political & military affairs under the Crown.
- Court of Directors – look after Commercial company & Represents the company.
Charter Act of 1793
- After 20 years of Regulating Act of 1773, the Charter Act of 1793 was passed by the Parliament & extended the life of Company
- Company given monopoly of trade for 20 more years.
- Expenses & salaries of the Board of Control to be charged on Indian revenue.
- The Governor General & the Governors could now override the decisions of their respective Councils.
- All Laws were to be translated in Indian languages.
- Laid the foundation of government, by written laws, interpreted by courts.