Pitts Act, 1784
Dual Control System: It established the dual system of control by the British government and the East India Company. The Company became a subordinate department of the State and its territories in India were termed ‘British possessions’. However, it retained the control of commerce and day-to-day administration.
- Court of Directors and Board of Control Established: A Board of Control was formed to exercise control over the Company’s civil, military and revenue affairs. The important political matters were reserved to a secret committee of three directors (Court of Directors) in direct touch with the British government. It consisted of:
- The chancellor of ....