the british parliment introduced some laws to keep control over the affairs of the company
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The British Parliament found it necessary to regulate the activities of the company in India and for this, the Regulating act of 1773 was passed. ... Its purpose was to take a step towards removing the political power from the hands of a trading company.
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The British parliament found it necessary to regulate the activities for the company in India for this , the Regulating act of 1773 was passed . This was the first direct interference made by the British government in the affairs of India. The defects of regulating act became clear very soon .
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