This act is of great constitutional importance as
(a) It was the first step taken by the British Government to control and regulate the affairs of the East India Company in India;
(b) It recognised for the first time the political and administrative functions of the Compan;
(c) It laid the foundations of central adminostration in India.
Features of the Act
1. It designated the Governor of Bengal as the 'Governor-General of Bengal' and created an Executive Council of four members to assist him. The first such Governor-General was Lord Warren Gastings.
2. It made the governor of Bombay and Madras presidencies subordinate to the governor-general of Bengal, unlike earlier, when the three presidencies were independent of one another.
3. provided for the establishment of a Supreme Court at Calcutta (1774) comprising one chief justice and three other judges.
4. It prohibited the servants of the Company form engaging in any private trade or accepting presents or bribes from the 'natives'.
5.It strengthened the control of the British Government over the Company by requiring the Court of Directors (governing body of the Company) to report on its revenue, civil and military affairs in India.
next part of this e-note is about Pitt's India Act
