The key features of the Charter Act of 1793 were:

  1. It extended the overriding power given to Lord Cornwallis to all future Governor-Generals and Governors of Presidencies.
  2. It gave the Governor-General more powers and control over the governments of the subordinate Presidencies of Bombay and Madras.
  3. It extended the trade monopoly of the Company in India for another twenty years.
  4. It provided that the Commander-in-Chief was not to be a member of the Governor-General’s council, unless specifically appointed.
  5. It laid down that the members of the Board of Control and their staff were to be paid out of the Indian revenues.