In which year did the British Parliament pass a new Act that transferred powers of the East India Company to the British Crown?

Option 3 : 1858

• In August 1858 AD, the British Parliament passed an Act which put an end to the rule of the Company. The control of the British Government in India was transferred to the British Crown. It took place due to the Revolt of 1857. 
• It provided for absolute (British) imperial control over India without any popular participation in the administration of the country.
• All the authority for the governance of India was vested in the Governor-General in Council who was responsible to the Secretary of State.
• The Secretary of State was ultimately responsible to the British Parliament.
• The power was transferred from the Company to the British Crown.
• The Governor-General was made the Viceroy of India.