.

Accordingly, when was the Regulating Act passed and by whom?

The Regulating Act was passed in the British Parliament in June 1773. It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company with respect to its Indian possessions.

Secondly, what was the Regulating Act of 1773 4 marks? 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.

Subsequently, one may also ask, why was Regulating Act passed?

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.

What were the defects in the Regulating Act?

The main defect of the Act was that the Governor-General was made powerless because the council which was given supreme power often created deadlocks by over-ruling his decision. However, many of these defects were rectified by the Pitt's India Act of 1784.