Friday, August 30, 2013

Charter Act of 1793

Charter Act of 1793

The East India Company Act 1793, also known as the Charter Act of 1793, was an Act of the Parliament of Great Britain which renewed the charter issued to the British East India Company, and continued the Company's rule in India.
In contrast with legislation concerning British India proposed in the preceding two decades, the 1793 Act "passed with minimal trouble".[2] The Act made only fairly minimal changes to either the system of government in India or British oversight of the Company's activities. Most importantly, the Company's trade monopoly was continued for a further 20 years. Salaries for the staff and paid members of the Board of Control were also now charged to the Company. Other provisions of the Act included:
  • The Governor-General was granted extensive powers over the subordinate presidencies.
  • The Governor-General's power of over-ruling his council was affirmed, and extended over the Governors of the subordinate presidencies.
  • Senior officials were forbidden from leaving India without permission.
  • Royal approval was mandated for the appointment of the Governor-General, the governors, and the Commander-in-Chief.

The Company's charter was next renewed by the Charter Act of 1813.

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