Question

the charter Act a 1813​

Answer 1

Answer:

chArter should be avoided on a street lp

Answer 2

QUESTION :

• the charter Act a 1813.

ANSWER :

• The Charter Act of 1813 passed by the British Parliament renewed the East India Company's 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.
• An Act for continuing in the East India Company, for a further Term, the Possession of the British Territories in India, together with certain exclusive Privileges; for establishing further Regulations for the Government of the said Territories, and the better Administration of Justice within the same; and for regulating the Trade to and from the Places within the Limits of the said Company’s Charter
• territorial extent ;Territories under direct British control .
• Enacted by : Parliament of United Kingdom
• Royal asent : 21 July 1813
• Status : Repealed by Government of India Act, 1915.
• Background of Charter Act 1813
• Due to Napoleon Bonaparte’s Continental System in Europe (which prohibited the import of British goods into French allies in Europe), British traders and merchants suffered.
• So they demanded they be given a share in the British trade in Asia and dissolve the monopoly of the East India Company.
• The company objected to this.
• Finally, British merchants were allowed to trade in India under a strict licensing system under the Charter Act of 1813.
• But in trade with China and the tea trade, the company still retained its monopoly.