Write a note on the Regulating Act (1773)
The Regulating Act of 1773 opened a new chapter in the constitutional history of the company. Previously, the Home Government in England consisted of the Court of Directors and the Court of Proprietors. The court of directors were elected annually and practically managed the affairs of the company. In India, each of the three presidencies was independent and responsible only to the Home Government. The Government of the presidency was conducted by a Governor and a council.