THE REGULATING ACT 1773

THE REGULATING ACT 1773

It was the 1st Act passed by the British Parliament to control the East India Company's territories in India.

The Act was passed in June 1773.

It was the 1st Act to regulate the East India Company by British Governement.

Features of Regulating Act 1773

• It made the governors of Bombay and Madras subordinate to the governor of Bengal.
• It changed the designation of Governor of Bengal to Governor General of Bengal and formed a executive council of four members.
• It established  the Supreme Court at Calcutta in 1774. Lord Impley was the 1st Chief Justice of Supreme Court of Calcutta
• It banned the servants of the company from any private trade and accepting gifts and bribes from any Natives.
• The Court of Directors controlled the Company's affairs of revenue, Civil and military in India

Amendment of Regulating Act 1773 

Act of Settlement 1781

• The Act exempted the Governor General of the Council from the Jurisdiction of the Supreme Court from their official order.
• The Act provides Jurisdiction of the Supreme Court over inhabitants of Calcutta.
• It designated the Governor General of Bengal and his Council to frame regulations for the provincial courts.