When the first companies act was passed in India.
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In 1857 does parts of the country of India rise for The Revolt against the British demonstration of the India this disease embers where local scattered and isolated they wear seriously challenge .
After the British Fought the Battle of Plassey in 1757 the East India Company increase their power rapidly . the outright versus by the the system of subsidiary Alliance was adopted and the doctrine of lapse and on the pretext of aliens misrule .
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The First Act which was passed by the company is the subsidiary Alliance .
Under the system the Indian ruler who agreed with the subsidiary Alliance :-
- Accept the British as the Supreme Power.
- Agree to maintain British soilders on their own cost.
- Virtually lost their Independence.
- Accept a British as their headquarters and agreed not to employ any European in their service without consulting the company.
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