Discover the quickest way to Introduce Period Charter For Free

Aug 6th, 2022
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Due to the enactment of the Charter Acts of 1813 and 1833, the monopoly of trade of the company with India was abolished except for the trade of tea. Anyone from Britain could have a trade relation with India. Also, the company had to shut down all its operation in India due to the Charter Act of 1833.
This Act was passed when Lord Dalhousie was the Governor-General of India. Candidates can also download the Charter Act of 1853 notes PDF from the link given below.
Features of Charter Act It made the Governor-General of Bengal as the Governor-General of India and vested in him all civil and military powers. Thus, the act created, for the first time, a Government of India having authority over the entire territorial area possessed by the British in India.
This Act was passed when Lord Dalhousie was the Governor-General of India. Candidates can also download the Charter Act of 1853 notes PDF from the link given below.
Due to the enactment of the Charter Acts of 1813 and 1833, the monopoly of trade of the company with India was abolished except for the trade of tea. Anyone from Britain could have a trade relation with India. Also, the company had to shut down all its operations in India due to the Charter Act of 1833.
Due to the enactment of the Charter Acts of 1813 and 1833, the monopoly of trade of the company with India was abolished except for the trade of tea. Anyone from Britain could have a trade relation with India. Also, the company had to shut down all its operations in India due to the Charter Act of 1833.
The Act established that acquisition of sovereignty by the subjects of the Crown is on behalf of the Crown and not in its own right, which clearly stated that the companys political functions were on behalf of the British government. The companys dividends were allowed to be raised to 10%.
Charter Act 1793 was passed by the British Parliament, establishing the Companys trade monopoly with India.
The Charter Act of 1813 passed by the British Parliament renewed the East India Companys charter for another 20 years. This is also called the East India Company Act, 1813. This act is important in that it defined for the first time the constitutional position of British Indian territories.
Answer: The British Parliament passed the Charter Act of 1833 to update the East India Companys Charter Act of 1913. The commercial and executive authority provided to the East India Company by the Act of 1813 was about to expire at the end of 1833, so the Charter Act of 1833 extended its life by 20 years.

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