For the first time, the discussions were oral and the legislative business was conducted in public, unlike the secret executive meetings.

A major defect of the Act was that it continued to exclude Indians from the legislative council; no Indian element was associated with the administration.

All powers, administrative and financial (civil and military), were centralized in the hands of the Governor-General-in-Council.

The Company was allowed another twenty years to administer Indian territories 'in trust for His Majesty, His heirs and successors'.

The rise of Napoleon and his decrees brought hard days to the businessmen and traders of England, leading to demands for open trade[cite: 1089, 1091].

The rise of Napoleon Bonaparte and his Continental System brought hard days to British businessmen, leading to demands to open Indian trade[cite: 1089, 1090].

Its significance lay in establishing the supreme control of the British Government over the Company's affairs and its administration in India for the first time.

The Governor General's Council came under the indirect control of the British Government because the Board of Control supervised the political aspects of the administration.

The Act effectively made the East India Company a subordinate department of the State, with the British Government having supreme control over its administration.

The primary objective of Pitt’s India Act of 1784 was to rectify the defects and shortcomings of the Regulating Act of 1773, which had failed to effectively control the Company's administration.