The act of 1813 removed from the East India Company all its monopoly trading privileges except that of the tea trade with China, leaving the Company’s role in India that of civil and military administration. The purposes enshrined in the Company’s original charter of 1601 were thus effectively at an end.
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Citation: Clark, Robert. "East India Company Act". The Literary Encyclopedia. First published 01 February 2010 [https://www.litencyc.com/php/stopics.php?rec=true&UID=4478, accessed 19 April 2024.]
