What were the shortcomings of the regulating act of 1773
Answers
Answer:
Defects in the Regulating Act 1773: Analysis
Firstly, the act rendered the Governor General powerless before his colleagues because he had no veto power. This brought difficult times for Warren Hastings.
1. The act provided for an elected Directors for the company for 4 yearswith 1/4th of them retiring every year.
2. It provided for the Governor general with a council of members to be appointed by the British government, with majority of decisions to be taken by the council with governor general only having a casting vote.
3. All correspondence related to administrative, military, revenue of India was to be put before the British government.
4. The British government thus, could exercise control over the company affairs in India.
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