INDIAN HISTORY

Detailed explanation-1: -Regulating Act, 1773 constituted the first legislative interference by the British Parliament in the affairs of India. The Regulating Act of 1773 was an Act of the Parliament of Great Britain intended to overhaul the management of the East India Company’s rule in India.

Detailed explanation-2: -The Regulating act of 1773 got introduced to establish a central administrative system in British India. The act was brought to regulate the activities of the British East India company. It was an initiative of the British parliament to bring an administrative reform in British India.

Detailed explanation-3: -The Regulating Act of 1773 was first act of British Parliament to exercise indirect control over the affairs of East India Company’s rule in India.

Detailed explanation-4: -The Supreme Court of Judicature at Fort William in Calcutta, was founded in 1774 by the Regulating Act of 1773.