Regulating Act of 1773
Regulating Act of 1773 was the first step by the British Crown to laid laws to regulate the affairs of the East India Company in India.
It also laid the foundation of central administration in India.
Feature of Regulating Act 1773
The Governor of Bengal was designated as Governor-General of Bengal.
Executive Council of four members was created to assist the Governor-General of Bengal.
Lord Warren Hastings was the first Governor-general of Bengal.
Earlier, the three presidencies were independent, but now the Governor of Madras and Bombay presidencies were made subordinate to Governor-General of Bengal.
The Supreme court of Calcutta was establishment in1774 with one chief justice and three other judges.
Prohibited the Worker of the company to do private trade.
Also Prohibited the workers of the company to accept Gifts, Bribes from the native people.
British control over the company was strengthened, by making the Court of Directors report its affairs such as revenue, civil and military affairs to the British Government.