Q.3. Why did the British parliament pass the Regulating act of 17732
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This act was passed due to the misgovernment by the British East India government that introduced a situation of bankruptcy and the government had to interfere with the affairs of the Company.
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What is the Regulating Act of 1773? The British Parliament passed the Regulating Act in June 1773 to control the territories of the East India Company majorly in Bengal. ... This act permitted the company to retain its territorial custody in India but looked up to regulate the activities and functioning of the company.
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