REGULATING ACT 1773, AMENDING ACT 1781 & CHARTER ACT 1813: UPSC Daily Important Topic | 5 December 2021

December 5, 2021

• Governor of Bengal will now be Governor-General of Bengal.

• Created an Executive Council of 4 members to assist him.

•First Governor-General was Warren Hastings.

•Establishment of Supreme court in Calcutta. Comprising 1 CJI and 3 other Judges.

•Prohibited the Servants from engaging in any Private Trades and taking Bribes from Natives.

•Court of Directors will report about the functioning of EIC to the Government.

•This act was passed to rectify the defects of Regulating act of 1773.

• It exempted the Governor-General and the council from the jurisdiction of the Supreme court.

•It excluded the Revenue matters from the Jurisdiction of the Supreme court.

• It provided that the Supreme court will Have jurisdiction all over Calcutta.

• Appeals from Provincial court could be taken to Governor-General-in-council and not to Supreme court.

• Governor-general now empowered to frame regulations for Provincial courts and council.

•Company’s trade monopoly abolished except its monopoly over trade in Tea and Trade with China.

• It’s asserted Crown’s Sovereignty over Company.

•Christian missionaries allowed in India.

• Spread of Western education allowed.

•Local Govt. can now impose Taxes on Persons. Can also punish for not paying Taxes.