Regulating Act 1773 | Key Provisions and Impact - Executive Council - Conflict Resolution - Limitation on War and Alliance - Significance of Regulating Act 1773
Regulating Act, 1773 The Regulating Act of 1773 was an Act of the Parliament of Great Britain intended to regulate the affairs of the British East India Company in India. It was a significant piece of legislation that marked the beginning of the British government's direct involvement in the administration of India. The act was formally titled the East India Company Act 1773 and received royal assent on August 13, 1773. Key Provisions and Impact: 1. Governor-General of Bengal: The act established the office of the Governor-General of Bengal. Warren Hastings was appointed as the first Governor-General in 1773. He was given significant powers to oversee the company's affairs in India and had authority over the presidencies of Madras and Bombay. 2. Executive Council: The act created an executive council consisting of the Governor-General and four councilors. This council was entrusted with the task of making decisions on important matters, thereby centralizing power in British ha...