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Analysis of the Act
As pointed above (through formation of Board of Control), it introduced the Dual System of government: by the Company and by a Parliamentary Board, which lasted till 1858.
♤ The Board of Control had no independent executive power.
♤ It had no patronage. Its powers were veiled.
♤ It had access to all the Company's papers and its approval was necessary for all dispatches that were not purely commercial. Also, in case of emergency the Board could send its own draft to the Secret Committee of the Directors to be signed and sent out in its name.
Thus, the Act placed the civil and military government of the Company in due subordination to the Government in England.