1. MODERN INDIA;POLITICAL PROCESSES –PAPER 111-M.A.1
PREPARED BY W.SHAIZA

2. TOPIC;CONSTITUTION DEVELOPMENT FROM 1773-1935
THE REGULATING ACT OF 1773
CIRCUMSTANCES LEADING TO THE ACT,THE OBNOXIOUS SYSTEM OF DUAL GOVT
FAMINE OF 1770 IN BENGAL
ENRICHMENT OF COMPANY SERVANTS AT THE COST OF COMPANY
MISMANAGEMENT AND COMPANY’S BANKRUPTCY
FOLLY OF DECLARING DEVIDEND-12% BY THE DIRECTORS WHILE APPLYING LOAN TO THE TUNE OF 1MILLION FROM THE HOME GOVT.

3. PR0VISION OF THE ACT
REMODELLED THE CONSTITUTION OF THE COMPANY-DENURE OF THE COURT OF DIRECTORS RAISED TO 4YRS
THE NO. OF DIRECTORS RAISED TO 24,WITH ¼ RETIRING EVERY YEAR
THE DIRECTORS TO REPORT TO THE SECRETARY OF STATES IN ALL FINANCIAL MATTERS
ESTABLISHMENT OF SUPREME COURT AT FORT WILLIAM
ESTABLISHMENT OF GOVERNOR-GENERAL IN-COUNCIL CONSISTING 4 MEMBERS

4. CONT.
THE RIGHT TO ELECT DIRECTORS OF THE COMPANY WAS TO SHAREHOLDERS WORTH 1OOO POUNDS
THE GOVERNOR-GENERAL IN COUNCIL AUTHORISED TO MAKE LAWS AND ISSUED ORDINANCES
COMPANY SERVANTS PROHIBITED FROM RECEIVING GIFTS,BRIBES AND NOT TO ENGAGE IN PRIVATE TRADE
MADRAS AND BOMBAY PRESIDENCIES SUPPORDINATED TO BENGAL

5. CONT.
LIBERAL SALARIES PROVIDED TO THE COMPANY SERVANTS TO ENSURE HONEST ADMINISTRATION
NO LAW OR ORDINANCES TO BE VALID WITHOUT THE APPROVAL OF THE SUPREME COURT
PROVISION FOR TRYING BRITISHERS WHO COMMITTED CRIMES IN INDIA
AN EARNEST ATTEMPT TO PROVIDE HONEST ADMINISTRATION

6. A SHACKLED GOVERNOR-GENERAL
ASSESSMENT OF THE ACT
A SHACKLED GOVERNOR-GENERAL
NO ATTEMPT TO SPECIFY THE JURISDICTION OF THE SUPREME COURT VIS-À-VIS THE COUNCIL
MANY VAGUE PROVISIONS
THE ACT WAS MORE OF THEORY OF CHECK AND BALANCE
BROKE DOWN UNDER THE INDIAN CIRCUMSTANCES
NOTWITHSTANDING IT WAS THE FIRST SERIOUS ATTEMPT TO STREAMLINE THE COMPANY ADMINISTRATION

7. IMPORTANCE OF THE ACT