Regulating Act 1773-2

Features:
•Governor of Bengal was appointed as Governor General of Bengal( first - Warren Hastings )
•Governor of Bombay and Madras made subordinate to governor general of Bengal.
•Supreme Court of Calcutta  was established (1 chief justice and 3 judges).
•Servants of company were not allowed - private trade and bribes/presents from natives.
•Court of directors were to report the British government.