Question

What were the restrictions imposed in Regulating Act?​

Answer 1

Answer:

Under the "regulating Act of 1773", the "Parliament of Great Britain" restricted the company dividends to only 6% and limited four-year terms for the Court of Directors. It refused the employees of the company to accept any kind of gift or bribery from the native population or engage in personal trade.

Answer 2

Answer:

Under the "regulating Act of 1773", the "Parliament of Great Britain" restricted the company dividends to only 6% and limited four-year terms for the Court of Directors. It refused the employees of the company to accept any kind of gift or bribery from the native population or engage in personal trade

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