What is the difference between Court of Directors and Board of Control?

What is the difference between Court of Directors and Board of Control?

For political matters, the Board of Control was created and for commercial affairs, the Court of Directors was appointed. The Board of Control took care of civil and military affairs.

What was Court of Directors in British India?

Administration of the East India Company in England was managed by a body of 24 directors called Court of Directors. This Court of Directors was elected by shareholders of the company on annual basis. The collective body of these shareholders was called Court of Proprietors.

What was the Court of Directors?

Under the Regulating Act of 1773, the executive body of East India Company, the Court of Directors was introduced. It was headquartered at the Leadenhall street in London. Both, East India Regulating Act of 1773 and Pitts’s India Act, 1784 limited the powers of shareholders over the Court of Directors.

What is the difference between British East India Company rule and British Raj?

Though the East India Company and the British Raj were British through and through, they were not similar. One was a private company, and the other was direct rule by the British Crown. The British Raj transitioned India from commercial power to colonial power.

What is a Board of Control?

In municipal government, a Board of Control is an executive body that usually deals with financial and administrative matters.

How many members are there in Board of Control?

six people
Board of Control This board was made of six people viz. the Chancellor of the Exchequer, the Secretary of State, and four Privy Councillors nominated by the King. The Secretary of the State was entitled as the President of the Board of Control.

What is a board of control?

What is the meaning of Board of Control?

Board of Control (municipal government), an executive body that usually deals with financial and administrative matters.

What was the main difference between the English and the French East India companies?

Britain was a constitutional monarchy, France was an absolute monarchy. This meant that there were legal differences in who/what the companies were responsible to. The English (later British) East India Company was responsible to the British Parliament. The French Company had no such legislature to answer to.

Why did the British government take control of the East India Company?

The East India Company’s royal charter gave it the ability to “wage war,” and initially it used military force to protect itself and fight rival traders. But financial woes and a widespread awareness of the company’s abuses of power eventually led Britain to seek direct control of the East India Company.

What provides a board of control in Britain?

Explanation: Named for British prime minister William Pitt the Younger, the act provided for the appointment of a Board of Control, and provided for a joint government of British India by the Company and the Crown with the government holding the ultimate authority.

Who were the members of board of control?

Board of Control This board was made of six people viz. the Chancellor of the Exchequer, the Secretary of State, and four Privy Councillors nominated by the King. The Secretary of the State was entitled as the President of the Board of Control.

What was the role of the British Board of Control?

The President of the Board of Control was a British government official in the late 18th and early 19th century responsible for overseeing the British East India Company and generally serving as the chief official in London responsible for Indian affairs. The position was frequently a cabinet level one.

What is the Board of Control?

For the purpose of Joint Government, a Board of Commissioners for the Affairs of India called Board of Controlwas created. This board was made of six people viz. the Chancellor of the Exchequer, the Secretary of State, and four Privy Councillors nominated by the King. The Secretary of the State was entitled as the President of the Board of Control.

How were company affairs controlled by the Court of directors?

Company affairs were controlled by the court of directors consisting 24 member panel. They were elected by the shareholders. To clear the defects of 1773 regulating act, Pits India act was passed in 1784 which divides the company’s political and administrative powers.

What powers did the Board of directors of a company have?

The board was given full access to the company’s records. It had the powers to send Governors to India and full authority to alter them. i.e. political powers were with board of control and ultimately with british government while commercial powers were with council of directors i.e. with company itself.