In order to rectify the defects of the regulating Act of 1773, the Pitt’s India Act which is also known as East India Company Act 1784 was introduced.
The main provisions of the Pitt’s India Act of 1784 were: Board of control was established to maintain the civil, military and revenue affairs of the company; the members of the Governor General’s council in India were reduced to three members; the civil and military officers were asked to disclose the details of their properties in India and Britain.
The Pitt’s India Act was passed by the Parliament of Great Britain in 1784 to rectify the defects in the Regulating Act of 1773
Pitt’s India Act of 1784 introduced the dual system of Government in India. Under this Act the Company was represented by the Court of Directors and Crown was represented by the Board of Control.