Bankipur was an ancient village on the Hugli river located in what is now

West Bengal West Bengal (; Bengali language, Bengali: , , abbr. WB) is a States and union territories of India, state in the East India, eastern portion of India. It is situated along the Bay of Bengal, along with a population of over 91 million inhabi ...

, north of

Barrackpore Barrackpore (), also known as Barrackpore,is a city and municipality in North 24 Parganas district in the India, Indian state of West Bengal. It is the headquarters of the Barrackpore subdivision. The city is a part of the area covered by Ko ...

, a little north of Ishapore. It is now a suburb of Barrackpore and is not to be confused with Bankipur (Khejuri), a village located on the coast (at ).

History

Bankipur was famous as the principal settlement of the Ostend Company, the one great effort made by the

Austrian Empire The Austrian Empire, officially known as the Empire of Austria, was a Multinational state, multinational European Great Powers, great power from 1804 to 1867, created by proclamation out of the Habsburg monarchy, realms of the Habsburgs. Duri ...

to secure a foothold in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

. The Ostend Company was formed in 1722–1723, and with a capital of less than a million sterling founded two settlements, one at Coblom ( Covelong) on the

Madras Chennai, also known as Madras ( its official name until 1996), is the capital and largest city of Tamil Nadu, the southernmost state of India. It is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Indian ce ...

coast between the British company at Madras and the Dutch one at Sadras, and the other on the Hugli between the British company at

Calcutta Kolkata, also known as Calcutta (List of renamed places in India#West Bengal, its official name until 2001), is the capital and largest city of the Indian States and union territories of India, state of West Bengal. It lies on the eastern ba ...

and the Dutch Chinsura. Both the British and Dutch were offended and in 1727, in order to obtain the European guarantee for the

Pragmatic Sanction A pragmatic sanction is a sovereign's solemn decree on a matter of primary importance and has the force of fundamental law. In the late history of the Holy Roman Empire, it referred more specifically to an edict issued by the Emperor. When used ...

, the court of

Vienna Vienna ( ; ; ) is the capital city, capital, List of largest cities in Austria, most populous city, and one of Federal states of Austria, nine federal states of Austria. It is Austria's primate city, with just over two million inhabitants. ...

resolved to sacrifice the Company and suspended its charter. It became

bankrupt Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the de ...

in 1784 and ceased to exist in 1793. But in the meantime in 1733 the British and Dutch convinced the Mughal general at Hugli to attack Bankipur. He attacked Bankipur and the garrison of only fourteen soldiers escaped and set sail for Europe. Thus imperial Austrian interests disappeared from India.

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References

* ;Attribution *

History

Footnotes

References

Further reading