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TOPICS: Charter of 1600
TOPICS: Charter of 1600
CHARTER OF 1600
S.No. PARAMETER CONTENT
To From
West East
5. Monopoly of Other British subjects were prohibited from interfering with
Company territorial privilege of the Company
If anyone started trade without prior permission of
Company and Queen, then punishment was ensured.
6. Duration of Charter’s validity was 15 years, but there was a clause that
Company if the Company’s commercial activities were not found
profitable to British trade and commerce , then British
Crown was empowered to revoke it, even earlier on a two
years’ notice.
7. Management and The Company was managed by a Governor and 24 directors,
administration who formed “the Court of Directors” of the company.
8. General Court Elected the Court of Directors every year.
Had the authority to oust them.
In case of such vacancy, General Court filled it for the
remaining part of the year.
9. Legislative Limited
Powers make bye-laws, ordinances, etc. for good government, for its
servants and officers and for advancement of trade and
traffic.
10. Penal powers impose fine, penalties and punishment for disobedience of
its laws, but they were not supposed to be contrary to the
laws and customs of England.
11. Right to make Permited :General Laws
law
Prohibited :Murder, treason and dacoities
CHARTER OF 1609
WHY ???.....To encourage the Comapny as it was making profits
ISSUED BY ???..... James I
RESULTED IN ???..... absence of any limit on continuance of Company
& continued privileges and powers
ANY CLAUSE ???..... on 3 years’ notice, the privileges could be
withdrawn on proof of injury to the public.
BENEFITS PROBLEMS
CHARTER OF 1661
It is an important landmark in the history of evolution of judiciary in India
because it introduced significant changes in judicial administration.