The East India Stock Dividend Redemption Act 1873 (36 & 37 Vict. c. 17) was an Act of the

Parliament of the United Kingdom The Parliament of the United Kingdom is the supreme legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses legislative suprema ...

, passed in 1873, that formally dissolved the

British East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and South ...

. The Act was one of the East India Loans Acts 1859 to 1893. By the time of the Act's passing, the British East India Company had already effectively ceased to exist. The company's governmental responsibilities were transferred to the Crown and its liquidation was set in motion by the

Government of India Act 1858 The Government of India Act 1858 was an Act of the Parliament of the United Kingdom (21 & 22 Vict. c. 106) passed on 2 August 1858. Its provisions called for the liquidation of the British East India Company (who had up to this point been ruling ...

. The company's 240,000-man military force had also been transferred to the authority of the Crown (subsequently being incorporated into the

Indian Army The Indian Army is the land-based branch and the largest component of the Indian Armed Forces. The President of India is the Supreme Commander of the Indian Army, and its professional head is the Chief of Army Staff (COAS), who is a four- ...

), significantly reducing its influence.

References

{{UK legislation Acts of the Parliament of the United Kingdom concerning India Dividends British East India Company United Kingdom Acts of Parliament 1873