why was regulating act implemented in 1773
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Answer:
Importance of the Regulating Act
The Act of 1773 recognized the political functions of the company, because it asserted for the first time right of the parliament to dictate the form of government. It was the first attempt of British government to centralize the administrative machinery in India.
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Explanation:Importance of the Regulating Act
The Act of 1773 recognized the political functions of the company, because it asserted for the first time right of the parliament to dictate the form of government. It was the first attempt of British government to centralize the administrative machinery in India.
Regulating Act of 1773. The Regulating Act of 1773 (formally, the East India Company Act 1772) was an Act of the Parliament of Great Britain intended to overhaul the management of the East India Company's rule in India.