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The Regulating Act of 1773 created the post of Governor-General of the Presidency of Fort William in Bengal Presidency and the presidencies of Bombay and Madras were made subordinate to the Bengal Presidency. Prior to this all the three presidencies were independent of each other and was headed by Governor General and his Council or Governor-in-council. The act designated Governor of Bengal as the Governor of the Presidency of Fort William to serve as Governor General of all British Territories in India. It also added provision that Governor General was to be assisted by an executive council of four members and was given a casting vote but no veto. This changed the structure of Governor in-council where Governor General was the sole authority to a council of 5 members. The members could only be removed by the British Monarch on representation from Court of Directors.
Philip Francis along with Monson and Clavering reached Calcutta in October 1774, and a conflict with Warren Hastings started almost immediately. These three members of the council opposed Hasting's policies as Governor General and accused him of corruption. The situation climaxed with the Maharaja Nanda Kumar affair - in which Nanda Kumar accused Hastings of fraud and high corruption. This attempt to impeach Hastings was unsuccessful and Nanda Kumar was hanged in 1775 after being found guilty of forgery by Supreme Court of Bengal in Calcutta. The trial was held under childhood friend of Hastings Sir Elijah Impey - India's first Chief Justice. The majority - Francis, Clavering and Monson - within the council ended with Monson's death in 1776. Clavering died a year later and Francis was left powerless, but he remained in India and strove to undermine Hastings' governance. The bitter rivalry between the two men culminated in a duel in 1780, where Hastings shot Francis in the back. Francis left India in the hope of impeaching Hastings in 1780. Hastings resigned in 1785 and was later accused of committing a judicial murder of Nanda Kumar. Impeachment proceedings against him along with Elijah Impey were initiated by the parliament. A lengthy attempted impeachment by Parliament lasted from 1788 to 1795 eventually ending with Hastings being acquitted.
Conflict with Supreme Court of Judicature at Fort William
From 1774 (when the Supreme Court of Judicature at Fort William was founded) till 1782 (when Bengal Judicature Act of 1781 was passed), the Court claimed jurisdiction over any person residing in Bengal, Bihar or Orissa. This resulted in conflict of jurisdiction with Supreme Council of Bengal. The conflict came to an end with Parliament's passing of the Bengal Judicature Act of 1781. The act restricted the Supreme Court's jurisdiction to either those who lived in Calcutta, or to any British Subject in Bengal, Bihar and Odisha. This removed the Court's jurisdiction over any person residing in Bengal, Bihar and Odisha.
The Regulating Act of 1773 made presidencies of Bombay and Madras subordinate to Bengal. Governor-in-Council of Bombay and Madras presidencies were required to obey the orders of Governor General of Bengal. Governor-General-in-Council was given the power to make rules, ordinances and regulations. These rules and regulations were required to be registered with the Supreme court and could only be dissolved by the King-in-Council within 2 years.