Consider the following statements:

1. That the Court of Directors of the Company, hitherto elected every year, would henceforth be elected for a period of three years.
2. That the number of Directors of the Company was fixed at 24, one fourths retiring every three years.
3. For a judiciary emanating directly form the Crown. Which of the statements given above is/ are correct?

Statement 1 is incorrect - the Court of Directors of the East India Company continued to be elected every year even after various Charter Acts. The three-year election cycle was not introduced. Statement 2 is correct - the Charter Act of 1833 fixed the number of Directors at 24, with one-fourth (6 directors) retiring every three years by rotation. This reduced the number from the previous 24 directors with annual elections. Statement 3 appears to be an incomplete or incorrectly worded statement about judiciary reforms.