Why did the British East Indian company disolve in 1858?

Answer 1

In 1858, the Company lost its administrative functions to the British government following the 1857 uprising which began with what the Company's Indian soldiers called the Sepoy Mutiny or Indian Rebellion of 1857. India then became a formal crown colony. In the early 1860s, all of the Company's Indian possessions - including its armed forces - were appropriated by the Crown. The Company was still managing the tea trade on behalf of the British government (and supplying Saint Helena). When the East India Stock Dividend Redemption Act came into effect, the Company was dissolved on January 1, 1874. The Times reported, "It accomplished a work such as in the whole history of the human race no other company ever attempted and as such is ever likely to attempt in the years to come."

Answer 2

The efforts of the company in administering India emerged as a model for the civil service system in Britain, especially during the 19th century. Deprived of its trade monopoly in 1813, the company wound up as a trading enterprise. In 1858, the Company lost its administrative functions to the British government following the 1857 uprising which began with what the Company's Indian soldiers called the Sepoy Mutiny or Indian Rebellion of 1857. India then became a formal crown colony. In the early 1860s, all of the Company's Indian possessions - including its armed forces - were appropriated by the Crown. The Company was still managing the tea trade on behalf of the British government (and supplying Saint Helena). When the East India Stock Dividend Redemption Act came into effect, the Company was dissolved on January 1, 1874. The Times reported, "It accomplished a work such as in the whole history of the human race no other company ever attempted and as such is ever likely to attempt in the years to come."

In 1987, coffee merchants Tony Wild and David Hutton created a public limited company called "The East India Company" and in 1990 registered versions of the Company's coat of arms as a trademark, although the Patent Office noted 'Registration of this mark shall give no right to the exclusive use of the words "The East India Company"' [4]. By December 1996, this company had a website at www.theeastindiacompany.com. It sold St Helena coffee branded with the Company name and also produced a book on the history of the Company. This company has no legal continuity with the original Company, even though it claims on its website to have been founded in 1600.

Answer 3

Because their incompetence and mismanagement resulted in the Indian mutiny. They lost their franchise and direct rule was imposed by the British government.

Answer 4

There was a trade triangle with Britain, India and Hong Kong. I think a war broke out because the British were selling opium to the Chinese and they decided to put a stop to this.

Answer 5

well, what was the point in keeping it? we let it dissolve