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Indian Independence Act
On July 5, 1947 the British Parliament passed the Indian Independence Act which was based on the Mountbatten Plan, and the Act got royal assent on July 18, 1947. The Act was implemented on August 15, 1947.
The Act provided for the creation of two independent dominions of India and Pakistan with effect from August 15, 1947. Each dominion was to have a governor-general to be responsible for the effective operation of the Act. The constituent assembly of the each new dominion was to exercise the powers of the legislature of that dominion, and the existing Central Legislative Assembly and the Council of States were to be automatically dissolved. For the
Plan Balkan
Between March and May of 1947, Mountbatten decided that the Cabinet Mission Plan had become untenable and formulated an alternative plan. This plan envisaged the transfer of power to separate provinces (or to a confederation, if formed before the transfer), with Punjab and Bengal given the option to vote for partition of their provinces. The various units thus formed along with the princely states (rendered independent by lapse of paramountcy) would have the option of joining India or Pakistan or remaining separate. The plan was quickly abandoned after Nehru reacted violently to it.
transitional period, i.e., till a new constitution was adopted by each dominion, the governments of the two dominions were to be carried on in accordance with the Government of India Act, 1935.
As per the provisions of the Indian Independence Act, 1947, Pakistan became independent on August 14 while India got its freedom on August 15, 1947. M.A. Jinnah became the first Governor-General of Pakistan. India, however, decided to request Lord Mountbatten to continue as the Governor-General of India.